Idaho Property Management
Practice Questions & Answers (2026)
Property management questions on the Idaho exam cover both the practical aspects of managing rental properties and the landlord-tenant law specific to Idaho. The Idaho Real Estate Commission tests security deposit limits, required notice periods for entry and termination, habitability standards, and the property manager's fiduciary duties. Idaho's landlord-tenant law has specific provisions — including notice requirements and tenant protections — that differ from what national study materials cover. These questions often involve scenarios where a property manager must navigate competing obligations to the owner-client and the tenant.
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Idaho Property Management — Practice Questions & Answers
114 questions on Property Management from the Idaho real estate question bank. First 10 are free — sign up to unlock all 114.
Q1. Which of the following is typically the property manager's primary responsibility?
Explanation
A property manager's primary responsibility is to maximize the owner's return on investment (through rental income and expense management) while maintaining and preserving the property's physical and economic value.
Q2. A management agreement between a property owner and a property manager is BEST described as:
Explanation
A property management agreement is a contract (an agency/employment contract) that authorizes the property manager to act as the owner's agent. It specifies the manager's authority, duties, compensation, and the duration of the agreement.
Q3. A gross lease in commercial real estate is one where:
Explanation
In a gross lease, the tenant pays a fixed rent and the landlord is responsible for paying all operating expenses (taxes, insurance, maintenance). This is common in residential rentals and some commercial leases.
Q4. A triple-net (NNN) lease requires the tenant to pay:
Explanation
In a triple-net lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance costs. This shifts operating expenses from the landlord to the tenant and is common in commercial leases.
Q5. Idaho landlord-tenant law requires a landlord to return a security deposit within how many days after the tenant vacates?
Explanation
Under Idaho landlord-tenant law (Idaho Code § 6-321), a landlord must return the security deposit (or provide an itemized statement of deductions) within 21 days after the tenant vacates the premises.
Q6. A percentage lease, common in retail properties, requires the tenant to pay:
Explanation
A percentage lease requires the tenant to pay base rent plus a percentage of their gross sales above a natural breakpoint. This is common in retail shopping centers and allows landlords to participate in tenants' business success.
Q7. When a tenant remains in possession after a lease expires without signing a new lease and the landlord accepts rent, this creates a:
Explanation
When a tenant holds over after lease expiration and the landlord accepts rent, a periodic tenancy (holdover tenancy) is created, typically on a month-to-month basis. The same terms of the original lease generally apply.
Q8. A property manager who receives compensation from a vendor for recommending the vendor's services to the property owner has committed:
Explanation
A property manager owes fiduciary duties to the property owner. Receiving undisclosed compensation from vendors creates a conflict of interest and breaches the duty of loyalty. Any such arrangement must be disclosed to and approved by the owner.
Q9. Constructive eviction occurs when:
Explanation
Constructive eviction occurs when a landlord's actions or failure to act make the property uninhabitable (e.g., failure to provide heat, allowing severe disrepair), effectively forcing the tenant to vacate. The tenant may be relieved of rent obligations.
Q10. An estoppel certificate in commercial real estate is used to:
Explanation
An estoppel certificate is a document signed by a tenant confirming the terms of their lease (rent, term, options) and that the lease is in full force with no landlord defaults. Buyers and lenders often require them to verify lease terms before acquisition or financing.
Q11. A property manager preparing an annual operating budget should include all of the following EXCEPT:
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