Sure Tests Blog

Helping real estate professionals sharpen their skills through knowledge and training.

  • Home
    Blog Home Your starting point for finding interesting articles.
  • Categories
    Categories Displays a list of categories from this blog.
  • Archives
    Archives View a list of existing articles.
20
Oct
1

Practice Real Estate Rentals

Posted by on in Rental
Real Estate Practice Questions - Rentals   289        In a standard relationship between property management and owner, what is the frequency in which the manager should report to the owner?   QUARTERLY        BI-MONTHLY      MONTHLY           ANNUALLY          As far as a standard management agreement goes, a property manager must report with the owner on a quarterly basis. Remember that certain states and cities will have unique requirements concerning management laws.         Rental 290        What document must an owner of a rental property and a property management company sign in order for a management services to legally take effect?      PROPERTY MANAGEMENT... Continue reading
15
Apr
0

Real Estate Practice Exams - Rentals and Security Deposits

Posted by on in Rental
Rentals and Security Deposits   A bank account used to hold rental security deposits can A) EARN INTEREST B) NOT EARN INTEREST C) EARN INTEREST TO BE PAID THE PROPERTY MANAGEMENT         D) EARN INTEREST BUT MUST BE PAID TO A REAL ESTATE BROKER              A property manager should (and in most jurisdictions must) place the security deposit in an interest bearing account; the interest must be paid to the tenant who originally provided the security deposit.... Continue reading
01
Apr
0

What is a holdover tenant?

Posted by on in Rental
What is a holdover tenant?   What is the legal term used to describe the situation when a tenant refuses to end his occupancy of a rental property after the rental agreement has expired?   1) HOLDOVER TENANT         2) BINDING TENANT              3) EXPIRED TENANT              4) PERIODIC TENANT            Holdover Tenant is a tenant who at one point legally resided in a rental property but after the expiration of the lease continued to occupy the premises without the owner's agreement.        Rental... Continue reading
27
Mar
0

Rental Agreement and Expiration

Posted by on in Rental
Rental Agreement and Expiration   What is the legal term used to describe the situation when a tenant refuses to end his occupancy of a rental property after the rental agreement has expired?       A) HOLDOVER TENANT B) BINDING TENANT C) EXPIRED TENANT D) PERIODIC TENANT   Explanation Holdover Tenant is a tenant who at one point legally resided in a rental property but after the expiration of the lease continued to occupy the premises without the owner's agreement.... Continue reading

Random Page - BTM Spacer



Exam Real Estate