Chapter 24 - Property Management Flashcards
1
Q
How does a constructive eviction occur?
A
A tenant declares a landlord in default and vacates the leased premises.
2
Q
The Americans with Disabilities Act requires property managers to
A
ensure that disabled employees have the same level of access to facilities that all employees have.
3
Q
Property managers have a _______ relationship with the property owner.
A
fiduciary
4
Q
The efficiency of marketing activities can be measured in terms of
A
cost per tenant prospect generated per lease
5
Q
What are the three kinds of maintenance a manager has to carry out for a managed property?
A
Routine, preventive, and corrective
