Property Management
A Wyoming property manager who hires a maintenance contractor must verify:
AThat the contractor is also a licensed real estate agent
BThat the contractor is properly licensed, insured, and qualified for the work✓ Correct
CThat the contractor charges below-market rates
DThat the contractor is from the same county as the property
Explanation
Property managers have a duty to hire qualified and properly licensed/insured contractors. Using unqualified contractors can expose the owner and manager to liability if work is defective or if someone is injured.
Related Wyoming Property Management Questions
- A Wyoming property manager who receives a security deposit must provide the tenant with:
- In Wyoming, a property manager who enters a written contract with a property owner to manage a property for two years has formed:
- A Wyoming property manager collects security deposits from tenants. These deposits must be:
- A Wyoming landlord who self-manages residential rentals is still subject to:
- A Wyoming property management agreement must include:
- A Wyoming property manager must maintain security deposits:
- An important reason for a Wyoming property manager to conduct regular property inspections is to:
- A Wyoming commercial tenant who operates a restaurant in a leased space installs a commercial hood vent system. At lease end, the hood vent is:
Practice More Wyoming Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wyoming Quiz →