Lesson 23

The functions of a property manager can be divided into how many categories

A contract between landlord and tenant is known as:

Managers almost always prefer to:

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The best way to get reliable rent collections is to:

A statement listing all expenses paid during the period is known as:

Repairs to keep the property in working order are known as:

The property manager usually does the repairs him/herself to ensure they are done correctly and so the owner will approve.

When managing commercial property, can alterations be made to suit the tenant?

The landlord-tenant relationship is governed by the terms of the lease and by state law.

When is rent usually due?

Rent tied to the consumer price index is known as what type of lease?