Real Estate 84 ch12 quiz with answers

A technical oversupply of property results when:

Selected Answer: a.

there are more units than potential tenants

Answers: a.

there are more units than potential tenants

b.

potential tenants are unable to afford current rents

c.

there are more potential tenants than units

d.

None of the above


 Question 2

1 out of 1 points


A property manager would likely be concerned with all of the following except:

Selected Answer: d.

local commission rates on real estate sales

Answers: a.

trends in family size and lifestyles

, b.

labor force

c.

market rental rates

d.

local commission rates on real estate sales


 Question 3

0 out of 1 points


Which of the following statements best describes the relationship between a management
proposal and a management plan?

Selected a.
Answer:
The management plan is put into effect by means of the management
proposal

Answers: a.

The management plan is put into effect by means of the management
proposal

b.

The management proposal becomes the management plan when it is
accepted by the property owner

c.

The management plan is always developed first, before the management
proposal

d.