SECTION 14 UNIT 1 EXAM PRACTICE
QUESTIONS AND ANSWERS WITH
SOLUTIONS 2024
Multi-unit building - ANSWER Which of the following rental properties may be subject to local rent
control ordinances?
Both the owners and the tenants - ANSWER As a property manager, Ross, is hired by rental property
owners and has responsibilities to ___________________.
Resident - ANSWER ______ managers live in and manage apartment buildings.
Resident manager - ANSWER California law requires owners of rental buildings with 16 or more units to
hire a property manager. What is this type of property manager called?
Accredited Management Organization - ANSWER Which of the following professional certifications for
property managers applies to a firm?
Lease agreements - ANSWER To be an effective property manager, a licensee must be familiar with a
variety of ______.
Permission to run a credit report - ANSWER To check the creditworthiness of a prospective tenant, the
lease application typically requests ______.
exempt from - ANSWER Under the Costa-Hawkins Rental Act, rental units built after 1995 are
__________________ local rent control ordinances.
The owner may raise the rate to any desired level. - ANSWER A tenant has just voluntarily moved out of a
rental unit in a multi-unit apartment building in a California city without local rent control ordinances.
How much can the owner raise the rent before signing a lease with a new tenant?
Certified Property Manager - ANSWER Which of the following professional certifications for property
managers applies to an individual?
QUESTIONS AND ANSWERS WITH
SOLUTIONS 2024
Multi-unit building - ANSWER Which of the following rental properties may be subject to local rent
control ordinances?
Both the owners and the tenants - ANSWER As a property manager, Ross, is hired by rental property
owners and has responsibilities to ___________________.
Resident - ANSWER ______ managers live in and manage apartment buildings.
Resident manager - ANSWER California law requires owners of rental buildings with 16 or more units to
hire a property manager. What is this type of property manager called?
Accredited Management Organization - ANSWER Which of the following professional certifications for
property managers applies to a firm?
Lease agreements - ANSWER To be an effective property manager, a licensee must be familiar with a
variety of ______.
Permission to run a credit report - ANSWER To check the creditworthiness of a prospective tenant, the
lease application typically requests ______.
exempt from - ANSWER Under the Costa-Hawkins Rental Act, rental units built after 1995 are
__________________ local rent control ordinances.
The owner may raise the rate to any desired level. - ANSWER A tenant has just voluntarily moved out of a
rental unit in a multi-unit apartment building in a California city without local rent control ordinances.
How much can the owner raise the rent before signing a lease with a new tenant?
Certified Property Manager - ANSWER Which of the following professional certifications for property
managers applies to an individual?
