New Jersey Real Estate Practice Exam Free Practice Question
Which of the following is among the typical responsibilities of a residential property manager?
Correct Answer: D
Rationale: A residential property manager typically handles various responsibilities to ensure the smooth operation of a property.
Option D is accurate as negotiating leases is a fundamental duty, involving discussions between the property owner and potential tenants to establish terms that benefit both parties.
Option A is incorrect; while managing rent collection is part of the role, directly requesting wage withholding from a tenant's employer is not standard practice and could violate privacy laws.
Option B, though important, often requires owner approval or involvement, making it less typical for a property manager to independently decide on structural changes.
Option C, while promoting diversity can be a goal, it is not a typical responsibility of a property manager, as tenant selection should focus on qualifications and suitability rather than demographic diversity.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now