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CAPS Certified Apartment Portfolio Supervisor VIP Practice Exam
CAPS — The CAPS (Certified Apartment Portfolio Supervisor) designation is awarded by the National Apartment Association Education Institute (NAAEI). The credential targets regional managers overseeing multiple communities; candidates must complete required coursework and pass a proctored written exam covering HR, financial management, marketing, maintenance operations, risk management, and legal compliance.
29
Questions
120m
Time Limit
70.00%
To Pass
Question 1 of 29👑 VIP
You are a regional portfolio supervisor overseeing six communities. During your monthly performance review you notice that Parkside Villas has a physical occupancy of 93% but an economic occupancy of only 81%. The other five properties average a 2–3 point spread between physical and economic occupancy. Which of the following is the MOST likely root cause of the unusually large gap at Parkside Villas?
Questions 2–29 and full explanations are VIP-exclusive.