A typical outline for questions covering “Property Management” on the Real Estate exam includes:
Ø Services to Landlords
Ø Marketing property
Ø Evaluating rental market
Ø Obtaining tenants
Ø Screening applicants
Ø Tenant complaints and conflicts among tenants
Ø Income, expenses and rate of return for property
Ø Fees, security deposits and rent collection
Ø Negotiating property management agreements
Ø Environmental and safety hazards
Ø Operating budgets
Ø Trust accounts
Ø Owners’ financial statements |