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CRM Maintenance & Capital Improvements Flashcards

6 cards from real CRM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 CRM Maintenance & Capital Improvements flashcards as text
  1. What is the recommended first step when a tenant reports a habitability issue such as no heat in winter?

    Answer: Document the complaint and arrange an emergency repair immediately

    Habitability issues like lack of heat are urgent; immediate documentation and emergency response protect both the tenant and the property owner from legal liability.

  2. Which of the following is an example of a life safety system that must be regularly inspected and tested?

    Answer: Fire suppression and sprinkler system

    Fire suppression systems are life safety systems required by code to be regularly inspected, tested, and certified by licensed contractors.

  3. When a vendor completes work at a multifamily property, what document protects the owner from mechanic's liens?

    Answer: Lien waiver signed by the contractor

    A lien waiver from the contractor or subcontractor confirms they have been paid and waive their right to file a mechanic's lien against the property.

  4. What is the purpose of an energy audit at a residential property?

    Answer: To identify opportunities to reduce energy consumption and lower operating costs

    An energy audit evaluates a property's energy use and identifies upgrades—such as insulation, lighting, or HVAC improvements—that can reduce utility costs and increase net operating income.

  5. Which practice helps a property manager extend the useful life of major mechanical systems?

    Answer: Following manufacturer-recommended preventive maintenance schedules

    Adhering to manufacturer-recommended preventive maintenance schedules keeps mechanical systems operating efficiently and maximizes their useful lifespan.

  6. A CRM designee is overseeing a roof replacement project. What step should occur before work begins to protect the owner legally and financially?

    Answer: Execute a written contract specifying scope, timeline, cost, and insurance requirements

    A written contract with defined scope, schedule, pricing, and insurance requirements establishes clear expectations and provides legal protection for both parties.