Last Updated: Aug 20, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Lease Administration & Tenant Relations | 25% | - Lease document interpretation and compliance
|
| Property Financial Analysis & Performance | 35% | - Financial statement review and interpretation
|
| Operations & Maintenance Strategy | 20% | - Preventive vs corrective maintenance planning
|
| Strategic Decision Making & Leadership | 20% | - Stakeholder management and reporting
|
1. A property manager has been given the responsibility for hiring and managing a leasing team. Which of the following is the MOST important to improve leasing outcomes?
A) Provide an adequate budget for marketing materials.
B) Set obtainable goals.
C) Monitor performance and report to ownership.
D) Determine an appropriate compensation structure.
2. According to the new Building Owners and Managers Association (BOMA) system of space measurement, which of the following items on the vacant floor are considered building common and prorated to all tenants?
Options:
A) 2,000 square feet of restrooms
B) 21,000 square feet of secured data room
C) 20,000 square feet of raised flooring
D) 30,000 square feet of vacant space
3. Which of the requested renovations is categorized as tenant improvements?
A) Restrooms
B) Access control system
C) Lobby
D) Windows
4. An asset manager has requested the assistance of a property manager with financial analysis of a potential property acquisition. The asset manager wants to know the estimated annual net operating income (NOI) that the property will contribute to the portfolio. Which of the following reports isMOSThelpful for the asset manager?
A) Pro forma
B) Funds from operation (FFO)
C) Rent roll
D) Budget reconciliation
5. 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) Engineering
B) Building
C) Structural
D) Zoning
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
Otis
Scott
Ward
Arlene
Dale
Florence
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