Property Management Chapter 1 – Introduction to Property Management, Core Concepts and
Fundamentals Study Guide
Accredited Management Goal Oriented Organization (AMO) - ✔✔Professional designations
offered by IREM
Accredited Marketing Director (AMD) - ✔✔Professional designation offered by International
council of shopping centers (ICSC)
Accredited Residential Manager (ARM) - ✔✔Professional designations offered by IREM
Accredited Shopping Center Manager (ASM) - ✔✔Professional designation offered by
International council of shopping centers (ICSC)
AIR Commercial Real Estate Association (AIR) - ✔✔This association has developed lease and
contract forms for industrial, office, and commercial property.
Association Management Specialist (AMS) - ✔✔Professional designation offered by The
Community Associations Institute (CAI). The second level in the career development track for
community association managers. The AMS designation demonstrates a higher level of
commitment to your career and the community association industry. An AMS designation is
recommended for managers who want to enhance their career opportunities by increasing their
knowledge and expertise.
Building Owners and Managers Institute (BOMI) - ✔✔BOMA has an educational institute
(BOMI) that promotes the interest of the real estate industry through programs of personal
development and by collecting, analyzing and disseminating information.
BOMI offers several important designations
Real Property Administrator (RPA)
Facilities Management Administrator (FMA)
, Systems maintenance technician (SMT)
Systems maintenance administrator (SMA)
Certified Leasing Specialist (CLS) - ✔✔CSC established the (Certified Leasing Specialist)
credential in 1994 to advance professional standards in shopping center leasing worldwide.
Certified Facility Manager (CFM) - ✔✔The Certified Facility Manager (CFM) credential sets the
industry standard for ensuring the knowledge and competence of practicing facility managers.
Certified Manager of Community Associations (CMCA) - ✔✔CMCA-certified professionals
manage every type of community: condominium associations, homeowner associations, resort
communities and commercial tenant associations. CMCAs are recognized for their skills and
knowledge in community association management.
Certified Property Manager (CPM) - ✔✔Certified Property Managers (CPM) are recognized as
experts in real estate management, and they are at the top of the profession.
Certified Shopping Center Manager (SCSM) - ✔✔ICSC established the CSM (Certified Shopping
Center Manager) credential in 1964 to advance high professional standards in shopping center
management worldwide.
Community Associations Institute - ✔✔is involved in common ownership residential
management. They offer professional designations including Certified Manager of Community
Associations (CMCA), Association Management Specialist (AMS) and Professional Community
Association Manager (PCAM).
Completed staff work - ✔✔Communicate the problem, the alternatives and your
recommendations to your owners or supervisors. Never represent a problem without
recommending a solution.
Fundamentals Study Guide
Accredited Management Goal Oriented Organization (AMO) - ✔✔Professional designations
offered by IREM
Accredited Marketing Director (AMD) - ✔✔Professional designation offered by International
council of shopping centers (ICSC)
Accredited Residential Manager (ARM) - ✔✔Professional designations offered by IREM
Accredited Shopping Center Manager (ASM) - ✔✔Professional designation offered by
International council of shopping centers (ICSC)
AIR Commercial Real Estate Association (AIR) - ✔✔This association has developed lease and
contract forms for industrial, office, and commercial property.
Association Management Specialist (AMS) - ✔✔Professional designation offered by The
Community Associations Institute (CAI). The second level in the career development track for
community association managers. The AMS designation demonstrates a higher level of
commitment to your career and the community association industry. An AMS designation is
recommended for managers who want to enhance their career opportunities by increasing their
knowledge and expertise.
Building Owners and Managers Institute (BOMI) - ✔✔BOMA has an educational institute
(BOMI) that promotes the interest of the real estate industry through programs of personal
development and by collecting, analyzing and disseminating information.
BOMI offers several important designations
Real Property Administrator (RPA)
Facilities Management Administrator (FMA)
, Systems maintenance technician (SMT)
Systems maintenance administrator (SMA)
Certified Leasing Specialist (CLS) - ✔✔CSC established the (Certified Leasing Specialist)
credential in 1994 to advance professional standards in shopping center leasing worldwide.
Certified Facility Manager (CFM) - ✔✔The Certified Facility Manager (CFM) credential sets the
industry standard for ensuring the knowledge and competence of practicing facility managers.
Certified Manager of Community Associations (CMCA) - ✔✔CMCA-certified professionals
manage every type of community: condominium associations, homeowner associations, resort
communities and commercial tenant associations. CMCAs are recognized for their skills and
knowledge in community association management.
Certified Property Manager (CPM) - ✔✔Certified Property Managers (CPM) are recognized as
experts in real estate management, and they are at the top of the profession.
Certified Shopping Center Manager (SCSM) - ✔✔ICSC established the CSM (Certified Shopping
Center Manager) credential in 1964 to advance high professional standards in shopping center
management worldwide.
Community Associations Institute - ✔✔is involved in common ownership residential
management. They offer professional designations including Certified Manager of Community
Associations (CMCA), Association Management Specialist (AMS) and Professional Community
Association Manager (PCAM).
Completed staff work - ✔✔Communicate the problem, the alternatives and your
recommendations to your owners or supervisors. Never represent a problem without
recommending a solution.
