CPM Study Guide 2026
Everything you need to pass the CPM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CPM Exam Format at a Glance
📚 CPM Topics to Study (21)
✍️ Sample CPM Questions & Answers
1. Which system in a commercial building is responsible for heating, cooling, and ventilation?
The HVAC system controls indoor climate by providing heating, cooling, and fresh air circulation throughout the building.
2. Which approach to real estate valuation estimates value based on the income a property is expected to produce?
The income capitalization approach values a property based on its expected income stream, making it the primary method used for income-producing properties.
3. What is the purpose of conducting a 'due diligence' property inspection before acquisition?
Due diligence inspections uncover existing deficiencies and estimate future capital requirements, informing the purchase price and post-acquisition budget.
4. What is 'subrogation' in insurance?
Subrogation allows an insurer who has paid a claim to step into the insured's shoes and pursue recovery from the responsible third party.
5. Which act requires employers with 50+ employees to provide up to 12 weeks of unpaid, job-protected leave for qualifying family and medical reasons?
The FMLA entitles eligible employees of covered employers to up to 12 weeks of unpaid, job-protected leave per year for qualifying family and medical situations.
6. What is the significance of the 'lease expiration schedule' for a commercial property manager?
Monitoring lease expirations helps managers stagger renewals, avoid cliff-edge vacancy risks, and start retention conversations with tenants well in advance.