Preview Questions Property Manager | Role Specific Skill

Question 1: How can you mitigate fair housing discrimination claims when screening potential tenants?

Which action should you take?

Choose only one option

Conduct interviews to assess a tenant's lifestyle preferences

Screen tenants based on financial history and rental references only

Request personal information unrelated to rental qualifications

Implement a uniform tenant application process that applies equally to all applicants

Question 2: What is the purpose of the Rent Control Ordinance in various municipalities, and how does it impact property management?

Which action should you take?

Choose only one option

It requires landlords to provide free utilities to tenants

It limits how much rent can be charged to tenants in controlled properties

It ensures equal distribution of affordable housing units

It mandates that tenants receive a percentage of rent for repairs

Question 3: How can a Property Manager effectively manage tenant expectations regarding rent increases?

Which action should you take?

Choose only one option

Provide clear communication well in advance of rent changes

Increase rent without explanation or warning

Wait until the rent increase is unavoidable to inform tenants

Only provide rent increase notices after market conditions change

Question 4: How should a Property Manager handle tenant complaints about a failure to comply with noise ordinances?

Which action should you take?

Choose only one option

Ensure that tenants are aware of the building's noise policies and local ordinances

Advise tenants to resolve the noise issues directly with neighbors

Provide rent credits for noise violations without reporting

Ignore the complaints as noise complaints are not enforceable

Question 5: When should a Property Manager consider offering incentives (e.g., rent discounts) to tenants for renewing their lease?

Which action should you take?

Choose only one option

When market conditions favor tenant retention and property vacancies

When rent arrears have been resolved

Only when tenant complaints are frequent

When the property has high vacancy rates

Question 6: What approach is most effective for forecasting property income and expenses over multiple years?

Which action should you take?

Choose only one option

Focus on short-term changes only

Use a combination of historical data and predictive analysis

Base forecasts solely on inflation rates

Only use past data to make future projections