Management Exam III Keyword List

buyer's market

absorption rate

Accredited Management Organization (AMO)

Agency relationship for manager

analysis of demand

apartment building

BOMI

Building Owners and Managers Institute

Business interruption insurance

concentric marketing

condominium

condominium owners association

consideration

constructive renewal

cooperative

Corrective maintenance

demand/supply for real estate

demographic factors

Errors and Ommissions Insurance

Escalation

estate at sufferance

family size

Field manager

fixed rent

Functions of the property manager

General liability and workers compensation insurance

Hazard Insurance

household formation

ICSC

indexed rent

Institute of Real Estate Management

IREM

joint tenancy

leased fee estate

leasehold

leasehold estate

maintenance program

majority of residential tenants reside in

management contract

management fee

management survey

manager-owner agreement

market analysis

Merchandising

month-to-month lease

NAR

Net leases

New construction

notice to quit

Office manager

On-site manager

percentage rent

periodic lease notice requirements

policy and procedures manual

Preventative

pricing worksheet

promotional program

Property management executive

PUD

real estate product

reappraisal rent

requirements of a lease

requirements to be a property manager

resident manager's responsibilities

Routine maintenance

RPA

Step-up

subletting

supply of real estate

tenancy

tenancy at will

tenancy for years

tenancy from year to year

tenant relations

tenant selection

thematic image

type of insurance

BOMA Method

                    New York Method