Property Management Licensing Practice Exam · Question
A property manager in Montreal is managing rent collection for a 12-unit apartment building. Two tenants consistently pay their rent 3-5 days late each month. What is the most appropriate initial action the property manager should take?
The most appropriate initial action is to communicate with the tenants to understand the reason for late payments. This proactive approach can resolve issues wi
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Question: A property manager in Montreal is managing rent collection for a 12-unit apartment building. Two tenants consistently pay their rent 3-5 days late each month. What is the most appropriate initial action the property manager should take?
Answer options:
- Issue N4 notices (Notice of Termination for Non-payment of Rent) immediately upon each late payment.
- Charge a late fee as stipulated in the lease agreement. ✅ Contact the tenants to understand the reasons for the late payments and discuss expectations.
- Send a formal letter via certified mail demanding timely payment.
Correct answer: Contact the tenants to understand the reasons for the late payments and discuss expectations.
Explanation: The most appropriate initial action is to communicate with the tenants to understand the reason for late payments. This proactive approach can resolve issues without immediate escalation, fostering a positive landlord-tenant relationship while reinforcing lease obligations.
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