Property Management: Overview & Role

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

An individual or business that has a lawful right to occupy a property for a specified period of time is:

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1. A property manager who specializes in making sure that a property performs well financially is:

2. A lease is:

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About This Quiz & Worksheet

You can measure your understanding of property managers and their duties through this worksheet and interactive quiz. Some topics discussed in the quiz will include leases, the right to occupy, and details about property managers.

Quiz & Worksheet Goals

You will be quizzed on the following topics:

  • Definition of a lease
  • Lawful right to occupy a property
  • Types of property managers
  • Compensation for property managers
  • A property manager's responsibilities

Skills Practiced

Students will exemplify their skill in the following:

  • Defining key concepts - ensure that you can accurately define main phrases, such as a lease
  • Interpreting information - verify that you can read information regarding the responsibilities of a property manager and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information about property managers from the related lesson
  • Knowledge application - use your knowledge to answer questions about how property managers are compensated

Additional Learning

To continue your study of this subject, check out the associated lesson named Property Management: Overview & Role. Objectives covered in this lesson will include:

  • Define investment, property, property manager, and other key terms
  • Explain the duties a property manager is responsible for
  • Understand the role of a property manager
  • Differentiate between commercial and residential real estate
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