Certified Apartment Manager (CAM) Practice Test

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

Prepare for the Certified Apartment Manager exam with our comprehensive test. Featuring flashcards and multiple-choice questions, each crafted with hints and explanations to ensure you are thoroughly ready for your certification!

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.

When does "acceptance" of a rental agreement occur?

When the tenant pays their first month's rent
When the applicant signs the lease
When the property manager reviews the application
When the tenant moves into the unit

The correct answer is: When the applicant signs the lease

Acceptance of a rental agreement occurs at the moment the applicant signs the lease. This signing represents the tenant's agreement to the terms laid out in the lease, indicating a mutual understanding and commitment between the tenant and the landlord or property manager. Until this action takes place, no legal obligation is formed, regardless of the other actions that might occur such as the payment of rent or the review of the application. The tenant's signature is crucial because it solidifies the agreement, enabling both parties to be bound by the terms and conditions stipulated in the lease. This process ensures that all parties are aware of their rights and responsibilities, which is fundamental to a legally enforceable contract. While paying the first month’s rent, reviewing the application, and moving into the unit may be important steps in the leasing process, none of these actions constitutes acceptance on their own. They can occur after the lease has been accepted but do not reflect the formation of the rental contract itself.