Property Management Licensing Practice Exam · Question
A tenant is consistently late with rent payments. What is the typical initial step a property manager would take in most Canadian provinces to address rent arrears?
The standard procedure for rent arrears in most Canadian provinces involves serving the tenant with a formal notice of termination for non-payment of rent, whic
Start free practice for Property Management Licensing Practice Exam
259 questions · no signup required · 40 free questions per day
Question: A tenant is consistently late with rent payments. What is the typical initial step a property manager would take in most Canadian provinces to address rent arrears?
Answer options:
- Immediately change the locks. ✅ Issue a notice of termination for non-payment of rent.
- Call the police to remove the tenant.
- Send a polite reminder and waive the late fee.
Correct answer: Issue a notice of termination for non-payment of rent.
Explanation: The standard procedure for rent arrears in most Canadian provinces involves serving the tenant with a formal notice of termination for non-payment of rent, which allows the tenant a grace period to pay before further action is taken.
Start free practice for Property Management Licensing Practice Exam
259 questions · no signup required · 40 free questions per day
More about Property Management Licensing Practice Exam
Related Questions
More for Property Management Licensing Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Property Management Licensing Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.