1. Professional real The administrative operation and maintenance of
estate management is property to meet the objectives of the owner
defined as:
2. During the 1920s, Owners accumulated great wealth from their
property owners began investments and often were away from their
to hire real estate properties for long periods
managers because:
3. Why did the Great For the first time, a large volume of property was
Depression mark the gathered under one ownership, one policy, and one
beginning of modern real common perspective
estate management?
4. What governmental The Resolution Trust Corporation
corporation was created
in the late 1980s to
liquidate the assets of
failed thrifts?
5. What is the name of The Institute of Real Estate Management
the association founded
in 1933 that accredits
property managers?
6. What does the CERTIFIED PROPERTY MANAGER®
acronym "CPM" stand
for?
7. Which of the following Buying and selling real property for owners
is not a primary
responsibility of real
estate management?
,8. Which of these is a A real estate manager who is an agent of a
fiduciary? property owner
9. A(n) ___________ is Asset manager
often called upon to
analyze a property's
physical and financial
condition and
recommend ways to
maximize the owner's
return on investment.
10. Providing good Provide good service to the property owner
service to tenants is an
indirect way to:
11. The amount of Price
money required in
exchange for
merchandise or service
is called its:
12. The amount of goods Supply
or services available in
the marketplace is
called:
13. Prices tend to be The laws of supply and demand
stable when supply is
equal to demand; when
demand exceeds supply,
prices rise; when supply
exceeds demand, prices
drop. These statements
are called:
, 14. What is the principal The laws of supply and demand
driving force in
economics?
15. Changes in levels of They reflect people's and businesses' ability to pay
employment and rent
unemployment are
important to real estate
managers because:
16. What is one of the New technologies
most far-reaching
causes of change in the
economic marketplace?
17. T/F Inflation is the True
result of a
disproportionate
increase in the amount
of currency in relation to
the volume of goods
available for purchase.
18. The productivity of Gross domestic product (GDP)
the U.S. economy is
measured today as:
19. The U.S. Raising and lowering interest rates
government controls the
money supply in several
ways. Which of the
following is directly
related to real estate
transactions?
20. To increase the Five years
money supply, the
Federal Reserve System
purchases U.S.
government bonds that
pay a fixed number of
dollars of interest
annually for various
estate management is property to meet the objectives of the owner
defined as:
2. During the 1920s, Owners accumulated great wealth from their
property owners began investments and often were away from their
to hire real estate properties for long periods
managers because:
3. Why did the Great For the first time, a large volume of property was
Depression mark the gathered under one ownership, one policy, and one
beginning of modern real common perspective
estate management?
4. What governmental The Resolution Trust Corporation
corporation was created
in the late 1980s to
liquidate the assets of
failed thrifts?
5. What is the name of The Institute of Real Estate Management
the association founded
in 1933 that accredits
property managers?
6. What does the CERTIFIED PROPERTY MANAGER®
acronym "CPM" stand
for?
7. Which of the following Buying and selling real property for owners
is not a primary
responsibility of real
estate management?
,8. Which of these is a A real estate manager who is an agent of a
fiduciary? property owner
9. A(n) ___________ is Asset manager
often called upon to
analyze a property's
physical and financial
condition and
recommend ways to
maximize the owner's
return on investment.
10. Providing good Provide good service to the property owner
service to tenants is an
indirect way to:
11. The amount of Price
money required in
exchange for
merchandise or service
is called its:
12. The amount of goods Supply
or services available in
the marketplace is
called:
13. Prices tend to be The laws of supply and demand
stable when supply is
equal to demand; when
demand exceeds supply,
prices rise; when supply
exceeds demand, prices
drop. These statements
are called:
, 14. What is the principal The laws of supply and demand
driving force in
economics?
15. Changes in levels of They reflect people's and businesses' ability to pay
employment and rent
unemployment are
important to real estate
managers because:
16. What is one of the New technologies
most far-reaching
causes of change in the
economic marketplace?
17. T/F Inflation is the True
result of a
disproportionate
increase in the amount
of currency in relation to
the volume of goods
available for purchase.
18. The productivity of Gross domestic product (GDP)
the U.S. economy is
measured today as:
19. The U.S. Raising and lowering interest rates
government controls the
money supply in several
ways. Which of the
following is directly
related to real estate
transactions?
20. To increase the Five years
money supply, the
Federal Reserve System
purchases U.S.
government bonds that
pay a fixed number of
dollars of interest
annually for various
