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CAM EXAM ALL QUESTIONS WITH VERIFIED ANSWERS

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CAM EXAM ALL QUESTIONS WITH VERIFIED ANSWERS...

Institution
CAM
Course
CAM

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Define Market Segmentation - ANSWER -maximize resources
-tailor to market
-more defined market frofile


The 1964 Fair Housing protects what? - ANSWER -Race
-Color
-Religion
-National Origin
-Sex
-Familial Status
-Handicap


What is the minimum number of required bids? - ANSWER 3


What are the five P's? - ANSWER -Place
-Price
-Product
-People
-Promotion


What should be the main focus of an effective incentive program? - ANSWER
Job performance

,True or False: A person with HIV is a protected class. - ANSWER True


What is the ADA provision to title III? - ANSWER ADA- leasing office area
must meet requirements


What is HOPA? - ANSWER HOPA eliminates the requirement that 55 and
older have significant facilities and servicing designed for elderly.


What year was HOPA established? - ANSWER 1995


What did the 1988 Act add? - ANSWER -Familial Status
-Individual with disabilities


Qualifying for modification requires? - ANSWER -Oral or written request
-verification
(if obvious- none are required) If not obvious verification required


Who can verify accomodations for modifications? - ANSWER -Doctor, or
medical professor
-Third Party case worker
-Therapist


True or False: Someone addicted to drugs is a protected class - ANSWER
False

, Valid proof of income? - ANSWER -most recent pay stub
-previos years W2
-Three months worth of bank statements


What are reserve accrual for? - ANSWER Future large cap X improvements


Name 3 examples of vendors that require a license? - ANSWER -Elevator
-Swimming Pool
-A/C


What is an example of a fixed expense? - ANSWER Taxes


Define steering? - ANSWER Trying to encourage prospects to lease at a
specific location based on race, marital status or age.


Ways to meet OSHA guidelines? - ANSWER -monthly safety meetings
-provide healthy and safe work environment
-file and keep all documentation of safety meetings


True or False: Insurance is an example of operating expense - ANSWER True


What is GPR? - ANSWER current rent at 100% occupied


What is the purpose of preventative maintenance? - ANSWER Lessen the
likelihood of future maintenance problems

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Institution
CAM
Course
CAM

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January 13, 2025
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Written in
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Type
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