Practice Of Real EstateProperty Management
Practice Of Real Estate Practice Question
Property managers set aside funds for unexpected costs through:
A
Cash control accountB
Cash reserve fundC
Floating allocation fundD
Asset interest accountExplanation
A cash reserve fund is money set aside by property managers to cover unexpected repairs, vacancies, or other unforeseen expenses.
More Practice Of Real Estate Questions
How often is continuing education required for Connecticut licensees?
For a month-to-month tenancy to be legally valid, which must the contract include?
Within how long must a licensee notify the Department of a change of residence address in Illinois?
What is the name given to the Illinois license laws under which real estate brokers practice?
A landlord must give a month-to-month tenant how many days' notice to terminate the tenancy in California (for tenancies less than one year)?
Practice More Questions
Access 2,000+ practice questions and pass your real estate exam.
Get Started Free