Unit 1 professional property management QUESTIONS
AND ANSWERS
/. The demand for professional property management that occurred in the late 1800s
resulted primarily from - Answer-✅Reshaping The urban center by building tall buildings
with elevators
/.The traditional concentration of retail property in downtown areas became
decentralized as a result of - Answer-✅Evolution of the suburban shopping center
/.The growth of shopping centers has been stimulated by - Answer-✅Population shifts
to the suburbs
/.What is not a goal of professional property manager - Answer-✅Maintain 100%
occupancy
/.Which of the following professional organizations has the longest history - Answer-
✅Building owners and managers Association international BOMA
/.Incubator spaces are most likely to be found in - Answer-✅Research parks
/.Examples of special purpose properties include - Answer-✅Nursing homes
/.Which of the following types of real estate properties utilizes more professional
property managers - Answer-✅Residential
/.The professional property manager formulate plans to - Answer-✅Achieve the
objectives of the owner
/.The construction of multi family unit ownership housing has been stimulated by -
Answer-✅Rising land and construction costs
/.Income producing properties that offer services are known as - Answer-✅Office
property in business parks
/.The ability of a property manager to assess a market and implement sales promotion
is most critical when dealing with - Answer-✅Retail property
AND ANSWERS
/. The demand for professional property management that occurred in the late 1800s
resulted primarily from - Answer-✅Reshaping The urban center by building tall buildings
with elevators
/.The traditional concentration of retail property in downtown areas became
decentralized as a result of - Answer-✅Evolution of the suburban shopping center
/.The growth of shopping centers has been stimulated by - Answer-✅Population shifts
to the suburbs
/.What is not a goal of professional property manager - Answer-✅Maintain 100%
occupancy
/.Which of the following professional organizations has the longest history - Answer-
✅Building owners and managers Association international BOMA
/.Incubator spaces are most likely to be found in - Answer-✅Research parks
/.Examples of special purpose properties include - Answer-✅Nursing homes
/.Which of the following types of real estate properties utilizes more professional
property managers - Answer-✅Residential
/.The professional property manager formulate plans to - Answer-✅Achieve the
objectives of the owner
/.The construction of multi family unit ownership housing has been stimulated by -
Answer-✅Rising land and construction costs
/.Income producing properties that offer services are known as - Answer-✅Office
property in business parks
/.The ability of a property manager to assess a market and implement sales promotion
is most critical when dealing with - Answer-✅Retail property
