45-HR. CA REAL ESTATE PRACTICE COURSE » Summer 2021 » Section 14 Unit 1 Exam

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Question #1
Which of the following professional certifications for property managers applies to a firm?
A.   Master Property Manager
B.   Certified Property Managers
C.   Accredited Management Organization
D.   Certified Support Specialist
Question #2
Professional organizations, such as the ______________________, provide education and networking opportunities for members.
A.   Accredited Management Organization
B.   Institute of Real Estate Management
C.   Certified Property Manager
D.   Certified Residential Management Company
Question #3
A property manager has just met with Lena, who is interested in renting a vacant unit. What’s the best way for the property manager to determine how reliable Lena will be with rent?
A.   Wait and see if the check for her security deposit is good.
B.   Get permission in writing from Lena to run a credit report.
C.   Ask Lena what her credit score is.
D.   Decide that because Lena was on time and professionally dressed, she will be good for her rent.
Question #4
Which of the following rental properties may be subject to local rent control ordinances?
A.   Single-family home
B.   New construction
C.   Condo
D.   Multi-unit building

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