17 Paragraph CT NOTICE Most of the features of Word have been disabled because it hasn't been activated. Unit 1: Professional Property Management Study Supplement BIU - abc x, x A- A ====|-|- B untu 720 words MATCHING: asset management services commercial property office property special-purpose property code of ethics 1. 2. 3. 4. 5. 6. Font 8. 10. corporate property manager residential property manufactured homes industrial property retail property The assembly, management, and disposition of a portfolio of investment properties Housing built in a factory to government specifications A set of guidelines on good business conduct, which often requires the agent to act beyond the letter of the law Hotels, resorts, nursing homes, schools, and places of worship whose specialized needs dictate the design and operation of the building A type of income-producing commercial property from which a particu- lar service is rendered Income-producing properties; public accommodations from which goods and services are offered Those who create facilities and manage properties for corporations that invest in real estate: real estate is not their business primary The type of property where people live; provides greatest demand for professional property management The type of property that converts raw materials into finished products for storage and distribution of goods Ape of commercial property from which goods are sold English (United States) Text Predictions: On Accessibility: Unavailable O Search Aa- | - A- EEN ==== View Help Paragraph and have been disabled because it hasn't been activated. Text Predictions: On Activate D Search (All +0) Normal Accessibility: Unavailable No Spacing 1. TF A property manager need not be concemed with the owner's long-term goals. 2. TF High-tech companies often locate near universities in incubator spaces. 3. TF Old multistory manufacturing buildings that are converted into office, residential, and storage space are referred to as loft buildings. 4. TF Property managers do not need to be involved in community activities. Heading 1 Heading 2 2017 Kaplan, Inc. May be reproduced for educational uses only. ke ba Styles OGHE - 5. TF Slumlords are owners who pour money back into older properties. 6. T F The oldest professional organization of property managers is the Building Owners and Managers Association. Property Management Tenth Edition 7. TF A Certified Property Manager (CPM) is a member of the National Apartment Association. 8. TF Ethical behavior is often considered the equivalent of fairness and putting the client's interest ahead of the manager's. 9. TF The primary function of a property manager is to extract as much money as possible from the managed property. 10. T F The automobile made it possible to develop suburbs a long distance from the city center. D Focus P. Find Repince set Editing L 7653%2F10e_Unit01_Study Supplement - Compatibility Mode Saved to this PC eferences Mailings Review View Help O Search (Alt+Q) E|2| 4 | - | = = = = 2. 1 disabled because it hasn't been activated. Activate Unit 1: Multiple Choice 1. 3. Paragraph 4. 5. 9 c. d. The primary function of the property manager is to a. rent units for owners. b. generate greatest income for owner. c. show space to prospective tenants. d. decrease the value of the property. G increased use of trolleys and rail lines. invention of steel frame buildings and elevators. C. mines. d. office buildings. One of the factors that has contributed to the development of property management is the a. declining cost of apartment building construction. b. centralization of traditional downtown areas. Commercial real estate includes a. apartment buildings. b. farms. c. Industrial d. Government Normal The oldest residential property management certification program in the United States and which is HUD-approved is Certified Apartment Manager (CAM). b. Professional Property Manager (PPM). c. Registered Apartment Manager (RAM). d. Accredited Residential Manager (ARM)". edictions On Accessibility Unavailable Search No Spacing The largest demand for the services of the professional property manager is found in what type of property? a. Residential b. Commercial L Heading 1 Headin D Styles 21 J E-E 5 ! Paragraph een disabled because it hasn't been activated. 6. 7. 8. 9. 2 V Text Predictions: On c. office property. d. retail property. a. loft buildings. b. incubator spaces. Activate c. ministorage. d. light industrial. Shopping centers, factory outlets, and super regional malls are examples of a. special purpose properties. b. distribution facilities. Normal No Spacing Many business parks offer a combination of office and industrial space that is divided into units of various sizes. These spaces are called Properties designed to meet specific needs of heavy industry are generally a. developed by real estate speculators. b. managed by large real estate companies. c. occupied and managed by the owner. d. sold to investors and leased back. 10. The professional manager, acting as agent for the owner, should a. lay out a business plan according to business school standards. b. understand what the owner wants to achieve. Accessibility: Unavailable O Search Property Management Tenth Edition All of the following are examples of concierge services EXCEPT a. offering business services to tenants-fax, courier service. b. offering rental services of small equipment to tenants. c. offering personal services such as picking up cleaning, gift wrapping, and shopping. d. offering extra storage space. Styles c. help the owner recognize the superiority of the manager's experiences. d not bother the owner with too many reports and plans. LO Heading 1 H CHE IA W