Property Management
A NC property manager who suspects a tenant is using the property for illegal drug manufacturing should:
AIgnore it to avoid confrontation
BDocument the evidence and immediately notify the property owner and appropriate law enforcement✓ Correct
COnly notify the NCREC
DGive the tenant a warning first
Explanation
Suspected illegal activity on a managed property must be reported to the owner and appropriate law enforcement; methamphetamine labs and other drug operations create serious health hazards and legal liability for landlords.
Related North Carolina Property Management Questions
- An 'index lease' in commercial real estate ties rent increases to:
- When a NC commercial tenant's lease includes a 'co-tenancy clause,' rent reduction may be triggered when:
- A 'management fee' for a NC residential property manager is typically calculated as:
- A property manager discovers the tenant has installed new flooring in violation of the lease. Under NC law, the manager's FIRST step should be:
- Under the NC Tenant Security Deposit Act, a landlord may deduct from a security deposit for:
- A broker-in-charge (BIC) at an NC property management firm is responsible for:
- A property manager's 'cap-ex reserve' (capital expenditure reserve) in a commercial building is calculated based on:
- Under NC's Tenant Security Deposit Act, for residential tenancies of more than 2 months, a landlord may collect a maximum security deposit of how many months' rent?
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →