The Certified Property Manger Certification Exam is the final step to becoming a CPM. It is generally taken after completing your property management courses, and meeting all additional requirements. Below are 15 free practice questions to help you determine if you are ready to take your Certified Property Manager test. Good luck!
Certified Property Manager Exam
Negative effect on resale value.
Higher tenant turnover.
Property is being sold "as-is".
More difficult to secure financing.
Reaction, Learning, Behavior, Results.
Norming, Storming, Forming, Performing.
Behaviors, Actions, Benefits, Shortcomings.
Assessment, Development, Implementation, Evaluation.
Real estate taxes.
None of the above.
Net Rent Revenue.
Scope of Work.
Span of Work.
Size of fitness facility. Leasing agent asks questions that presuppose the signing of the lease.
Condition of apartment shown. No swimming pool.
Leasing agent is rude. Inability of prospect to afford the apartment.
Inability of leasing agent to ask for the order. Condition of apartment shown.
Phase 3 discipline.
Cost of Sale and Current Loan Balance.
Current Equity and Current Loan Balance.
New Loans and Cost of Sale.
Cost of Sale and Capital Improvements.
About the Certified Property Manager Exam:
The CPM exam is designed for residential and commercial real estate professionals, and is administered by the Institute of Real Estate Management (IREM). It is four hours long and consists of 150 multiple choice questions. The questions are divided among five areas: Maintenance & Operations, Human Resources, Marketing & Leasing, Financial Operations & Asset Management, and Legal & Risk Management. A 70% is required to pass the exam.