Real Estate: Property Management
Exam
A licensed real property belongings manager may authorize...?
I. Another licensed assets supervisor to supervise his property hobby in his absence
II. An unlicensed bookkeeper to oversee in his absence - ANS-I simplest
A percent lease is a lease - ANS-"which covers the lending of money and interest charged
thereon."
A character certified as a real estate belongings manager may additionally receive a finder's
rate from a primary real estate broking for activity involving - ANS-the condominium of real
property
A belongings supervisor need to be aware of the ruin-even point to any buildings he
manages. The BREAK-EVEN Point is: - ANS-The occupancy degree at which gross
earnings for a belongings equals general constant and variable operating expenses
According to the Oregon Landlord and Tenant Act, a tenant should receive a be aware of
which of the subsequent when a condominium settlement is signed: - ANS-I. Utilities paid via
the tenant which advantage different tenants.
II. Any pending criminal proceeding in opposition to the landlord which includes the rented
property if the rented property includes no extra than four dwelling devices.
III. Name and deal with of the property owner or the character authorized by way of the
owner to manage the property.
An proprietor of actual property who engages a property manager to manipulate his
belongings must get hold of a replica of the signed assets control settlement.... When? -
ANS-PROMPTLY
If a tenant's termination of tenancy happens on the equal time as the assets supervisor's
termination of the relevant property management settlement... - ANS-the assets supervisor
need to entire a final accounting procedure related to the tenant's safety deposit unless the
owner directs otherwise.
In establishing a purchaser's consider account, a assets supervisor need to do all of the
following - ANS--manage the receipts and disbursements at the account
-use pre-numbered checks for the account
-be an authorized signer on the account
In belongings management, an operating price range - ANS-is a projection of predicted
prices for the yearly operation of a constructing.
Exam
A licensed real property belongings manager may authorize...?
I. Another licensed assets supervisor to supervise his property hobby in his absence
II. An unlicensed bookkeeper to oversee in his absence - ANS-I simplest
A percent lease is a lease - ANS-"which covers the lending of money and interest charged
thereon."
A character certified as a real estate belongings manager may additionally receive a finder's
rate from a primary real estate broking for activity involving - ANS-the condominium of real
property
A belongings supervisor need to be aware of the ruin-even point to any buildings he
manages. The BREAK-EVEN Point is: - ANS-The occupancy degree at which gross
earnings for a belongings equals general constant and variable operating expenses
According to the Oregon Landlord and Tenant Act, a tenant should receive a be aware of
which of the subsequent when a condominium settlement is signed: - ANS-I. Utilities paid via
the tenant which advantage different tenants.
II. Any pending criminal proceeding in opposition to the landlord which includes the rented
property if the rented property includes no extra than four dwelling devices.
III. Name and deal with of the property owner or the character authorized by way of the
owner to manage the property.
An proprietor of actual property who engages a property manager to manipulate his
belongings must get hold of a replica of the signed assets control settlement.... When? -
ANS-PROMPTLY
If a tenant's termination of tenancy happens on the equal time as the assets supervisor's
termination of the relevant property management settlement... - ANS-the assets supervisor
need to entire a final accounting procedure related to the tenant's safety deposit unless the
owner directs otherwise.
In establishing a purchaser's consider account, a assets supervisor need to do all of the
following - ANS--manage the receipts and disbursements at the account
-use pre-numbered checks for the account
-be an authorized signer on the account
In belongings management, an operating price range - ANS-is a projection of predicted
prices for the yearly operation of a constructing.
