IREM CPM Exam Questions with All CORRECT ANSWERs

IREM CPM Exam Questions with All CORRECT ANSWERs
Question : The California Hills, a PUD outside of Riverside,
Calif., has completed three off our phases of development.
There are currently 65 owned units. The final phase of the
development will build out 25 more units. What type of
management would best serve this community?
CORRECT ANSWER: This community presents a complex
management challenge that may best be met with full agency
management services. If this CID is still under developer
control they may be interested in keeping the financial
records/budgets.
Question : A condominium association of detached new home
construction in Milwaukee is located in a former commercial
district near downtown that has been the site of a great deal of
condominium conversion activity. This CID has eight units, a
parking structure, and a small recreational facility, which
includes a fitness room and pool. What type of management
would best serve this community?
CORRECT ANSWER: Financial-only management or self
management may work best for this community.

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