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1. The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:
A) Host a broker open house to introduce the partnership's plans for the building.
B) Open the building to public tours to display ideas and encourage feedback.
C) Place an advertisement in the local business press detailing the intentions of the partnership.
D) Enroll the building in the EPA's Energy Star Program to validate the building's energy efficiency.
2. Which of the following government agencies oversees the overland shipping of hazardous materials?
A) Environmental Protection Agency (EPA)
B) Department of Transportation (DOT)
C) Occupational Safety and Health Administration (OSHA)
D) Department of Defense (DOD)
3. A property manager is looking to select an elevator service contractor. The property manager is concerned with needing emergency maintenance on weekends. Which assessment criteria would the property manager need to further consider in the selection process?
A) Technical expertise
B) Sufficient workforce
C) Facility inventory
D) Financial soundness
4. A real estate services company wants to obtain additional insurance coverage beyond the limits of its general commercial liability insurance. Which of the followingBESTdescribes the type of insurance that the company should purchase?
A) Combined single limit (CSL) of liability
B) Umbrella liability insurance
C) Rental reimbursement insurance
D) Incidental malpractice liability insurance
5. There are numerous existing programs that focus on sustainable practices. Which of the following would BEST be utilized in establishing a baseline for an accreditation project?
A) Global Real Estate Sustainability Board (GRESB)
B) Environmental Protection Agency (EPA) Energy Star
C) Building Research Establishment Environmental Assessment Method (BREEAM)
D) Leadership in Energy and Environmental Design (LEED)
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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