Chapter 22 - MULTIPLE CHOICE QUESTIONS - CHAPTER 22 1....

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MULTIPLE CHOICE QUESTIONS - CHAPTER 22 1. Adaptations of property specifications to suit tenant requirements are a. tax-exempt improvements. b. tenant improvements. c. prohibited by most nonresidential leases. d. the responsibility of the property owner, not the manager. 2. When evaluating income, a rental property occupancy of 98% might indicate a. the building is attractive to tenants. b. the building is well managed. c. rents should be raised. d. rents should be lowered. 3. The duties of a property manager generally include all of the following EXCEPT a. renting space to tenants. b. preparing a budget. c. developing a management plan. d. repairing a tenant's trade fixtures. 4. A licensed broker acting as an owner's property manager a. must not profit from private contracts at the expense of the owner. b. may manage the client's property to the advantage of the manager. c. may not collect rents for the owner. d.
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This note was uploaded on 01/16/2009 for the course REAL 1301 taught by Professor Murray during the Fall '07 term at Blinn College.

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Chapter 22 - MULTIPLE CHOICE QUESTIONS - CHAPTER 22 1....

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