Certified Apartment Portfolio Supervisor (CAPS) Practice Exam - Module 2

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the CAPS Exam with a comprehensive study of Module 2. Utilize our practice resources filled with flashcards, multiple choice questions, and thorough explanations to ensure your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What potential problem might a CAPS encounter with residents when a property is in receivership?

Residents may demand rent reductions
Residents may experience turnover and occupancy problems due to dissatisfaction
Residents might refuse property maintenance requests
Residents will likely engage in community events

The correct answer is: Residents may experience turnover and occupancy problems due to dissatisfaction

When a property is in receivership, it often indicates financial difficulties or mismanagement, leading to uncertainty about the property's future. This environment can cause dissatisfaction among residents, which may manifest in high turnover rates and occupancy challenges. Residents may feel neglected or concerned about the stability of their living conditions, prompting them to seek housing elsewhere, further exacerbating the property's financial woes. The other potential issues related to rent reductions and maintenance requests can arise, but they are typically symptoms of the broader problem of resident dissatisfaction rather than the primary concern. Additionally, engaging in community events is usually a sign of a healthy and stable living environment, which is often compromised in a receivership situation.