Illinois Real Estate Exam 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 negotiates leases between the property owner and potential tenants, ensuring terms are fair and beneficial for both parties. This responsibility is essential for maintaining positive landlord-tenant relationships.
Option A is incorrect; while collecting rent is a responsibility, requesting wage withholding from a tenant's employer is not standard practice and raises legal and ethical concerns.
Option B, making decisions about structural changes, often falls under the property owner or a contractor rather than the property manager, who focuses more on operational management.
Option C, while fostering a diverse environment is important, is not a primary responsibility of property management, which is more concerned with tenant selection based on qualifications and suitability.
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