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SC Property Management License Exam with Complete & Verified Solutions | 2024 Update

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SC Property Management License Exam with Complete & Verified Solutions | 2024 Update PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal year) Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they are held. Unlawful use of funds. Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate licensee but does not establish an agency relationship through a writte...

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Property Management Exam 2- with complete solutions | Verified & Updated 2024

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Property Management Exam 2- with complete solutions | Verified & Updated 2024 High tenant turnover means increases for the landlord in - Answer ️️ -advertising expenses A record of lease renewal dates should be kept so that the property manager will know when to - Answer ️️ -contact good tenants in an attempt to retain them The establishment of good tenant relations begins with - Answer ️️ -joint inspection of the premises by the manager and tenant before move-in In which prop...

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Property Management Exam Questions and Answers | 100% Correct | Verified & Updated

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Property Management Exam Questions and Answers | 100% Correct | Verified & Updated Property Manager - Answer️️ - Someone who manages real estate for another person for compensation. Duties include collecting rents, maintaining the property, and keeping up all accounting. A good reputation is often the manager's best advertising. A manager who consistently demonstrates the ability to increase property income over previous levels, while meeting legal requirements and enhancing the prope...

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Property Management Progress Exam Questions with 100% Correct Answers | Latest Update 2024

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Property Management Progress Exam Questions with 100% Correct Answers | Latest Update 2024 cost, history of vacancy, potential increase in real property taxes. - Answer ️️ -An owner of an apartment building is considering an extensive modernization program. He should put his highest emphasis on: apartments. - Answer ️️ -The term walk-up refers to: The Institute of Real Estate Management. - Answer ️️ -The initials "I.R.E.M." stand for: lessor. - Answer ️️ -Unlawful Detain...

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Property management license Exam Questions with Complete Solutions

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Property management license Exam Questions with Complete Solutions The Civil Rights act of 1866 reaffirmed - Answer ️️ - Security deposits received in the agent's personal rental transaction are not required to be deposited in a trust account - Answer ️️ -FALSE Disputed trust funds can be disbursed in the following way - Answer ️️ -written agreement between the parties A licensee who receives compensation in a real estate transaction from more than one party can be disciplin...

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Real Estate Property Management Test- 100% Correct | Latest Update 2024

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Real Estate Property Management Test- 100% Correct | Latest Update 2024 A client trust account must be... - Answer ️️ -Sequentially numbered A real estate license is good for... - Answer ️️ -2 years It is illegal to charge an applicant a screening fee in what circumstances? - Answer ️️ -If there are no properties available Which of the following is not exempt from the requirement to have a license in order to conduct real estate property management? A. A private individual wh...

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National Real Estate Exam: Leases and Property Management-Questions and Answers | 100% Correct | Latest Update 2024

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National Real Estate Exam: Leases and Property Management-Questions and Answers | 100% Correct | Latest Update 2024 Lease - Answer ️️ -Transfers possession, giving tenant right to exclusive possession of property against all other parties. Both a conveyance and contract. Lease Conveyance - Answer ️️ -It conveys a leasehold estate to a tenant Lease Contract - Answer ️️ -Gives tenant right to exclusive possession including landlord. Quiet Enjoyment - Answer ️️ -use of the pro...

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SC Property Management Exam Questions with Complete Solutions | 100 % Correct | 2024 Update

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SC Property Management Exam Questions with Complete Solutions | 100 % Correct | 2024 Update Residential Landlord and Tenant Act - Answer ️️ -Created in 1986 Residential Landlord and Tenant Act - Purpose - Answer ️️ -Simplify, clarify, modernize, and revise the law governing rental of dwelling units and the rights, obligations of landlords and tenants. To encourage landlords and tenants to maintain and improve the quality of housing. Administration Remedy - Answer ️️ -Any right ...

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Property Management Exam 1 Latest Questions with 100% Accurate Answers

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Property Management Exam 1 Latest Questions with 100% Accurate Answers goal of the resident manager - Answer ️️ -increase net operating income obligation of the manager - Answer ️️ -provide the highest quality of living environment to residents while preserving the property's value and producing a profit for the owner key to success of the resident manager - Answer ️️ -to work effectively with the on-site team site-based positions - Answer ️️ -leasing professional, assista...

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Property Management Exam 1 Questions and Answers | 100% Correct | Latest Update 2024

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Property Management Exam 1 Questions and Answers | 100% Correct | Latest Update 2024 4 special residential property types - Answer ️️ -affordable housing condo single family housing student housing affordable housing - Answer ️️ -when the government provides subsidies to make housing more affordable; government rent controlled vouchers and tax credit properties are examples challenges of affordable housing - Answer ️️ -may compete with market rate housing paperwork is extens...

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