CAM Exam Knowledge Check Questions and Answers – Certified Apartment Manager (CAM) Certification – Complete Knowledge Review & Practice Assessment with Solutions Graded A+

CAM EXAM KNOWLEDGE CHECK




CAM EXAM KNOWLEDGE CHECK QUESTIONS AND ANSWERS GRADED A+




What percentage of Americans live in rental housing? ANS >> Over 1/3


When renters decide where to rent, what three primary factors of
location do they consider? ANS >> Proximity to work, schools, stores,
etc.
Walkability
Proximity to public transportation


When renters decide to rent, what 2 primary factors of life circumstance
do they consider? ANS >> Flexibility and ability to move easily
Reluctance to maintain a house


As a CAM, what do your knowledge, skills, and decisions, contribute to?
ANS >> The financial success and value of a property

, CAM EXAM KNOWLEDGE CHECK


What term describes an investment to increasing in value? ANS >>
Growth


What other factors impact investments? ANS >> Risk
Income
Liquidity


When playing the role of an investor advocate, who is included? ANS
>> Owners
Investors
Lenders


When playing the role of a resident advocate, who is included? ANS >>
Residents
Prospects
Neighbours
Employees


What is the key to advocating for all groups? ANS >> Maintain ethics
and balance


What types of affordable housing are available? ANS >> Section 8
Low Income Housing Tax Credit