Property Management Flashcards

1
Q

How long does the landlord have to notify the tenant that they will be keeping the deposit to take care of repairs.

A

30 days

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2
Q

If management of an association is compensated and has more than 10 units, or more than 100k budget, it’s is called what?

A

Community association management

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3
Q

A group of units that is also a transient public lodging establishment

A

Vacation rental

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4
Q

Any qualifying service member may terminate their lease by providing written notification at least how many days prior?

A

30

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5
Q

Landlords must approve/deny a rental application from a service member within how many days?

A

7

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6
Q

Landlords who rent 5 or more units must provide what piece of information to all tenants?

A

Name/address of financial institution where the security deposit is being held.

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