Preview Questions Property Manager | Role Specific Skill

Question 1: What action should a Property Manager take to comply with rent payment rules and regulations in a rent-controlled jurisdiction?

Which action should you take?

Choose only one option

Increase rent based on inflation, ignoring rent control laws

Adjust the rent based on tenant demand regardless of rent control laws

Raise rent as much as possible once every six months

Implement rent increase only within the limits set by the local rent control law

Question 2: What is the primary benefit of implementing an energy-efficient maintenance strategy in a commercial property?

Which action should you take?

Choose only one option

Reduced energy consumption and operational costs

Improved tenant satisfaction

Reduced maintenance costs

Higher rent charges due to energy efficiency

Question 3: When a tenant complains about noise disturbances from neighboring units, what should the property manager do first?

Which action should you take?

Choose only one option

Offer the tenant free access to quiet areas

Address the complaint immediately with legal action

Ignore the complaint to avoid conflict

Investigate the source of the disturbance and mediate between tenants

Question 4: How do you effectively handle the inventory management of maintenance supplies to ensure timely repairs without overstocking?

Which action should you take?

Choose only one option

Only reorder when supplies are critically low

Maintain a large inventory to avoid shortages at all costs

Implement an automated inventory system that alerts when supplies are low

Order supplies on an ad-hoc basis as required

Question 5: How should a Property Manager handle rent control regulations in areas with limits on rent increases?

Which action should you take?

Choose only one option

Raise rent periodically without documenting the increases

Avoid rent increases altogether to prevent complications

Increase rent by market rates, disregarding rent control limits

Ensure that all rent increases comply with the local rent control laws

Question 6: What is the best practice when dealing with tenant requests that are outside the scope of the lease agreement?

Which action should you take?

Choose only one option

Reject the request outright

Offer a lease amendment without hesitation

Evaluate the feasibility and communicate clearly with the tenant

Offer compensation to encourage compliance