Ch 15 - Property Management Flashcards
All of the following are duties of a property manager, EXCEPT:
filing tax returns on the property for the owner.
These are duties:
showing units to prospective tenants.
conducting the day-to-day business necessary to maintain the property.
advertising the property.
By law, a property located in a city or town cannot have a lease term longer than __________ .
99 years
A property management agreement should include:
the agency agreement, including the scope of authority being given.
the method of dispute resolution.
the owner’s responsibilities.
All of the above
A property manager:
is an agent of the property owner.
Withholding essential services is an illegal act known as:
constructive eviction.
In California, the maximum amount of security deposit allowed for an unfurnished residential property is:
two months’ rent.
After the delivery of the Notice of Right to Reclaim Abandoned Property, a landlord is required to store the personal possessions left behind by tenants for
15 to 18 days.
The landlord has the right to enter a leased premises:
if the tenant has abandoned the premises.
in an emergency.
pursuant to a court order.
All of the above
A lease CANNOT be terminated by a landlord when:
the tenant files a complaint against the landlord with the Department of Health.
In nonresidential property, the amount of the required security deposit is limited to:
There is no limitation
The owner of a leasehold has the exclusive right of __________ .
possession
Even though not specifically set forth in a lease agreement, there is a legally implied:
warranty of habitability.
In California, if the parties fail to stipulate when rent is due on a lease of less than one year, it shall be payable:
at the end of the lease term.
An action to evict a tenant from rental housing owned or subsidized by a governmental agency cannot be brought without:
an administrative hearing.
