Arkansas Real Estate Practice Exam

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What purpose does the monthly property management report serve to the owner?

Shows all receipts and disbursements for the owner's account
Outlines upcoming property maintenance
Lists all tenant complaints
Provides a marketing analysis

The correct answer is: Shows all receipts and disbursements for the owner's account

The other options may seem like they could be correct, but they are not the main purpose of the monthly property management report. While option B and D may be included in the report, they are not the main purpose. Listing tenant complaints, option C, is usually not included in the report to the owner. The main purpose, option A, accurately reflects the primary function of the monthly property management report - to provide an overview of all financial activity related to the owner's property.