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| Section | Objectives |
|---|---|
| Applied Capstone Assessment | - Real-World Scenario Application
|
| Financial Management | - Asset Financial Analysis
|
| Property Management Operations | - Operational Decision Making
|
| Environmental Health and Safety | - Risk and Compliance
|
| Asset Management | - Strategic Property Management
|
1. What is the certification that is essential to marketing a building for sale or lease that requires property managers to first create a baseline to quantify gains in operational efficiency?
A) Energy management control system (EMCS)
B) Building Research Establishment's Environmental Assessment Method (BREEAM)
C) Leadership in Energy and Environmental Design (LEED)
D) Green Seal Certification (GSC)
2. A commercial property was contacted by a governmental agency to schedule an upcoming property inspection. What is theMOSTappropriate way for the property manager to prepare for the inspection?
A) Prescreen maintenance vendors.
B) Create a tenant organizational chart.
C) Document policies and procedures.
D) Determine a daily staff roster and schedule.
3. Property managers work under the direction of an asset manager. Which of the following is the core task of every asset manager?
A) Determination of highest and best use
B) Assembly of a property team
C) Identification of capital sources
D) Preservation and creation of value
4. A property manager is working on constructing a new building that has a proposed height of one hundred feet.
Which of the following codes should the managerFIRSTaddress to get the building built?
A) Building
B) Engineering
C) Zoning
D) Structural
5. Which of the following factors isMOSTinfluential on tenant lease renewals?
A) Vending amenities in common areas
B) Curb appeal of the property
C) Rental rate
D) Customer service
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
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