Which of the following is a benefit of property management?
a) Decreased property value
b) Increased tenant turnover
c) Consistent rental income
d) Increased property damage
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Which of the following is a common challenge in property management?
a) Too few maintenance requests
b) Inconsistent rental income
c) Too many qualified applicants
d) Low vacancy rates
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Which of the following is an example of preventative maintenance in property management?
a) Fixing a leaky faucet
b) Replacing a broken window
c) Repainting the walls
d) Installing a new dishwasher
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Which of the following is a key aspect of successful property management?
a) Consistent communication with tenants
b) Ignoring maintenance requests
c) Increasing rent without warning
d) Limited tenant screening
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Which of the following is a common issue that can arise in property management due to tenant-landlord disputes?
a) Increased property value
b) Legal action or eviction proceedings
c) Decreased maintenance costs
d) Improved tenant satisfaction
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Which of the following is a common issue in property management related to maintenance?
a) Tenant damage to the property
b) Too many maintenance requests
c) Lack of qualified contractors
d) Excessive utility costs
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Which of the following is a key aspect of successful property management related to tenant relations?
a) Responding promptly to maintenance requests
b) Ignoring tenant complaints
c) Increasing rent without notice
d) Failing to screen potential tenants
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What is the role of a property management software in property management?
a) To design the building
b) To manage the construction process
c) To manage rental payments and tenant data
d) To collect rent from tenants
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What is the purpose of a property inspection in property management?
a) To determine the rental rate for the property
b) To manage the construction process
c) To design the building
d) To identify any maintenance or repair needs
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Which of the following is a key aspect of successful property management related to tenant screening?
a) Failing to verify the tenant's income and employment
b) Ignoring the tenant's credit history
c) Allowing tenants with a history of eviction to rent the property
d) Thoroughly screening potential tenants before approving their application
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