CA Real Estate Property Management

Question 1

In California, what is the maximum security deposit a landlord may collect from a residential tenant for an unfurnished unit?

Accepted Answer

Two months' rent

Answer

One month's rent

Answer

Three months' rent

Answer

Four months' rent

Question 2

Which document authorizes a property manager to act on behalf of the property owner?

Accepted Answer

Property management agreement

Answer

Lease agreement

Answer

Rental application

Answer

Estoppel certificate

Question 3

Under California law, how much notice must a landlord typically give a month-to-month tenant before increasing rent?

Accepted Answer

30 days

Answer

15 days

Answer

60 days

Answer

90 days

Question 4

What is the primary purpose of an estoppel certificate in property management?

Accepted Answer

To confirm the terms of a lease as stated by the tenant

Answer

To terminate a lease early

Answer

To authorize rent increases

Answer

To transfer ownership of the property

Question 5

In California, within how many days must a landlord return a tenant's security deposit after they vacate?

Accepted Answer

21 days

Answer

10 days

Answer

14 days

Answer

30 days

Question 6

Which of the following is a property manager's responsibility under California law?

Accepted Answer

Maintaining the property in a habitable condition

Answer

Guaranteeing rental income to the owner

Answer

Selecting only tenants approved by the HOA

Answer

Setting rents above fair market value