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c13 Property Mngmnt
CA Real Estate Practice - Property Management
Question | Answer |
---|---|
UnRuh Civil Rights Act protects against... | steering & blockbusting |
Housing Financial Discrimination Act of 1977 protects against... | redlining |
Redlining | denying loans based on age/race/origin/sex/etc |
What are the goals of a property manager? | minimize expenses, maximize rents, and increase long term appreciation of property |
Outside/General Manager | represent more than one owner in more than one property |
Resident Manager | lives on premises and are directly employed by property owner or his/her agent. Does not need to be licensed |
Institutional Manager/Building Supervisor | directly employed for wage or salary but by an institution |
What is "highest & best use"? | more profitable, physically possible, and legally permissible |