Arkansas Real Estate Practice Exam

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

Ace your Arkansas Real Estate Exam with ease! Dive into comprehensive practice tests, detailed explanations, and helpful flashcards. Prepare and succeed with Examzify today!

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.

What must a property management report to the owner contain at a minimum once each month?

Receipts, disbursements, and a balance
Property maintenance costs
Upcoming property inspections
Tenant complaints and resolutions

The correct answer is: Receipts, disbursements, and a balance

A property management report to the owner should contain three things receipts, disbursements, and a balance. These are the essential financial components that the owner needs to be informed of each month. Option B is incorrect because it only includes one aspect of the report (maintenance costs) and does not address the other financial information. Option C is incorrect because although property inspections may be important, they are not required to be included in the report each month. Similarly, option D may be important for the owner to know about, but it is not a standard requirement for the monthly report.