Texas Real Estate Property Management Final Exam 2023 Test Questions With Correct Answers Elaborated

Which of the following activities would not be considered "assisting" for purposes of the RELA? A junior associate calls a client of his boss to discuss a lease negotiation. A junior associate calls a tenant with a proposal to lease space. A junior associate helps his boss to locate a corner lot for a client to lease. A junior associate collects a security deposit. {Ans: A junior associate collects a security deposit.}Buildings with an elevator and four or more units constructed after _______ must be ADA compliant. 2000 1995 1974 1991 {Ans: 1991}How often must the Meetings of the association be held? Every day Three times a week At least once a year Every three years {Ans: At least once a year}If you hire someone as an employee, you must pay all but which of the following? social security tax Medicare tax unemployment tax excise tax {Ans: excise tax}The maximum amount that a property manager can collect for a security deposit is unlimited. {Ans: There is no set amount.}What language must be included in the lease in boldface type and all capitals with regard to the landlord's duty to repair? The judicial remedies available to