Management SAE Exam
Questions and Answers (Verified
Answers) Most Recent exam
COMPLETE (2026) (Latest Update
2026) UPDATE!!
The demand for professional property management that occurred in the
late 1800s resulted primarily from - ANSWER ✔✔reshaping the urban
center by building tall buildings with elevators
The growth of shopping centers has been stimulated by - ANSWER
✔✔population shifts to the suburbs
,Incubator spaces are most likely to be found in - ANSWER
✔✔research parks
Which of the following types of real estate properties utilizes more
professional property managers? - ANSWER ✔✔Commercial
If a property owner asks a property manager to manage the property in
violation of current civil rights
laws, the property manager should - ANSWER ✔✔terminate the
management agreement
Which of the following characterizes the expansion phase in the
business cycle? - ANSWER ✔✔Production increases
In the operating-budget, what is the name of the expenditure that
accounts for money for replacement
expenditures? - ANSWER ✔✔Reserve funds
In market analysis, the specific goal of the property manager is to
identify major economic trends and their - ANSWER ✔✔effect on the
value of a specific property at the manager's particular market level
, Cash flow from a property is predicted by which of the following
formulas? - ANSWER ✔✔Anticipated revenue minus total adjusted
operating expenses and minus debt service
At or just before the peak of the general business cycle, - ANSWER
✔✔supply surpasses demand
From an economic standpoint, the rental market as a segment of the
economy - ANSWER ✔✔is generally poor during a contraction phase
To avoid any surprises when taking over a new property, the manager
should first - ANSWER ✔✔read all the leases
What should the manager do if the building is 100% occupied? -
ANSWER ✔✔Consider raising the rents
A good management plan is based on a(n) - ANSWER ✔✔operating
budget for one year
A property manager acting as an agent - ANSWER ✔✔owes the
duties of care, loyalty, obedience, accounting, and disclosure to the
principal
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