NAHP Lease Administration & Enforcement 3

Question 1

How long must Low Income Housing Tax Credit (LIHTC) property owners retain tenant certification records per IRS requirements?

Accepted Answer

6 years after the due date of the tax return for each credit year

Answer

3 years after the tenant moves out

Answer

5 years after the end of the compliance period

Answer

Until the extended use agreement expires, regardless of duration

Question 2

What constitutes a 'material breach' of a lease agreement?

Accepted Answer

A significant violation of an essential lease term that justifies lease termination

Answer

A minor rule infraction that does not affect the landlord's ability to rent the unit

Answer

Any lease violation identified during a routine property inspection

Answer

A clerical or typographical error found in the signed lease document

Question 3

What does 'unlawful detainer' mean in the context of lease enforcement?

Accepted Answer

A tenant's continued occupation of a unit after their legal right to possession has ended

Answer

A landlord's failure to make legally required habitability repairs

Answer

An illegal entry by the landlord into a tenant's unit without prior notice

Answer

A tenant's refusal to pay the required security deposit at move-in

Question 4

Under what circumstances may a landlord enter a tenant's unit without advance notice?

Accepted Answer

In genuine emergencies, such as a fire, gas leak, or flooding

Answer

To perform routine annual unit inspections required by the state agency

Answer

To show the vacant or occupied unit to prospective residents

Answer

When the tenant is more than seven days delinquent on rent

Question 5

What is the primary function of a move-out inspection report in lease administration?

Accepted Answer

To document the unit's post-vacancy condition and determine allowable security deposit deductions

Answer

To verify the former tenant's forwarding address for mail and deposit return

Answer

To certify that the unit is ready for the next tenant's income qualification screening

Answer

To update the property's ongoing preventive maintenance schedule

Question 6

When a property manager terminates a lease for cause, which documentation is essential to support the action?

Accepted Answer

Specific lease violations, dates of occurrence, all notices provided, and any tenant responses

Answer

Only the tenant's forwarding address and final account balance

Answer

The current market rent for comparable units in the area

Answer

Written approval from the property manager's supervisor

Question 7

For HUD Section 8 project-based housing, what is the maximum security deposit a property owner may collect from a tenant?

Accepted Answer

The greater of $50 or one month's Total Tenant Payment (TTP)

Answer

One full month's contract rent regardless of the tenant's share

Answer

Two months' gross rent as approved by the housing authority

Answer

There is no federal limit; the owner may collect any amount allowed by state law