SPECIALIST CPPS 2026 FINAL SCRIPT
QUESTIONS AND COMPLETE SOLUTIONS
FULL PREP RESOURCE VERIFIED GRADED
A+
⩥ Certified Property Manager.
Answer: Professional certification given by the Institute of Real Estate
Management (IREM).
⩥ Accredited Resident Manager (ARM).
Answer: A professional designation for resident property managers
awarded by the Institute of Real Estate Management.
⩥ Accredited Management Organization (AMO).
Answer: A professional designation awarded to a management company
by the Institute of Real Estate Management.
⩥ The Institute of Real Estate Management (IREM) certifies individual
managers as
(a)Licensed Property Mangers (LPM).
(b)Professional Property Managers (PPM).
, (c)Certified Property Managers (CPM).
(d)Certified Apartment Managers (CAM)..
Answer: Your answer: (C) is correct. In 1933, the IREM developed the
designation Certified Property Manager (CPM) to certify individual
managers.
⩥ Licensee/Property Manager.
Answer: - is a licensee of a RE office or agency that manages a number
of properties for various owners
- this manager could be a manager of the firm who spends full time in
management, may be self employed as a managing agent, or may be one
of several managers in the management department of a large RE
company
- a person working under direct supervision of a licensed property
manager need not be licensed to:
show property, accept preprinted rental apps, provide info on rental
terms, accept signed leases and deposits
⩥ individual property manager.
Answer: usually a real estate broker who manages properties for one
owner or a number of owners
⩥ resident manager.