CA Real Estate Property Management 1

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

California law limits security deposits for unfurnished residential units to a maximum of two months' rent.

Question 2

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

Accepted Answer

Property management agreement

Answer

The property management agreement is the contract that grants the manager authority to act as the owner's agent.

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

California requires at least 30 days' written notice for rent increases of 10% or less, and 90 days for increases over 10%.

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

An estoppel certificate is signed by a tenant confirming lease terms, rent amount, and any disputes — often required during a property sale.

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

California law requires landlords to return security deposits, along with an itemized statement of deductions, within 21 days of the tenant vacating.

CA Real Estate - California Real Estate Exam Practice Test