Property Management
A Mississippi property management company wants to reduce exposure to fair housing liability. The most effective strategy is:
AAvoiding all advertising
BImplementing comprehensive fair housing training for all staff, written non-discriminatory policies, consistent application of tenant criteria, and regular policy audits✓ Correct
COnly renting to applicants who score highest on credit checks
DHiring only licensed real estate agents as leasing staff
Explanation
Proactive fair housing compliance involves: regular staff training on fair housing laws and company policies, written non-discriminatory tenant selection criteria applied consistently to all applicants, documentation of all decisions, and periodic audits of policies and practices. Prevention is far less costly than litigation or HUD settlements.
Related Mississippi Property Management Questions
- A Mississippi property manager's primary duty is to:
- Under Mississippi property management, 'deferred maintenance' refers to:
- A net lease (NNN) requires the commercial tenant to pay:
- A Mississippi property manager for a large apartment complex is evaluating whether to hire on-site maintenance staff or outsource maintenance. Factors favoring on-site staff include:
- A management agreement between a Mississippi property owner and a property manager should include:
- A Mississippi condominium association's homeowners association (HOA) is responsible for managing:
- A Mississippi property manager who collects rents must provide the property owner with:
- A Mississippi tenant leaves personal property behind when they vacate. The property manager should:
Practice More Mississippi Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Mississippi Quiz →