What is tested in Property Management?
| Official PSI area | Property Management |
|---|---|
| Exam portion | National portion |
| Published weight | 3% of the national portion |
| Published salesperson branches | 2 |
| Source edition | PSI Georgia Candidate Information Bulletin dated July 1, 2026 |
The Rule
The salesperson outline is 3%. A broker-only label describes the national exam coverage. It does not create a legal restriction on every task a salesperson may perform. Georgia license law, broker supervision, and the management agreement determine that authority; Georgia funds duties also appear in the state supplement.
Why this area matters
This smaller area is still worth studying. Focus on lawful tenant screening, rental-market evidence, fair housing, and the rights and duties in a lease.
Complete official content outline
Start with the salesperson branches below. Any broker-only material or additional Georgia review is labeled separately and is not included in the branch count above.
A. Duties and responsibilities
Operate within the management agreement and apply objective rental standards consistently.
- Procurement and qualification of prospective tenants
- Fair housing and ADA compliance specific to property management
- Market analysis for rents or lease rates
- Maintenance, improvements, reporting, and risk management, marked broker only
- Landlord and tenant funds, trust accounts, reports, and disbursements, marked broker only
- Property management contract provisions, marked broker only
B. Landlord and tenant rights and obligations
Identify possession, rent, habitability, notice, deposit, access, and lease-performance issues from the facts supplied.
- Lease rights and duties
- Possession and quiet enjoyment
- Rent and default
- Maintenance and repair responsibilities
- Notice and termination
- Remedies and lawful process
Complete lesson sequence
Work through these lessons in order if the topic is new. If you missed a practice question, go straight to the lesson that explains the rule you need.
Lesson
Tenant Procurement, Screening, and Qualification
Apply one documented, lawful process to comparable applicants and record the objective basis for each decision.
Lesson
Fair Housing and ADA in Property Management
Identify the protected need, requested rule or physical change, nexus, reasonableness, and which law covers the space.
Lesson
Rental Market Analysis and Setting Lease Rates
Normalize every comparison to the same unit, term, concessions, utility allocation, and effective date.
Lesson
Property-Manager Duties, Maintenance, Risk, Reporting, and Contracts
Check written authority, urgency, budget, life-safety risk, documentation, and broker approval before acting.
Lesson
Landlord-Tenant Rights, Funds, Trust Accounts, and Disbursements
Classify the money first, then follow the lease, management agreement, statute, and broker trust-account procedure.
Georgia-specific distinction
Worked example: Use one written screening standard
Scenario. A property manager requires one applicant to provide a higher income multiple because the applicant has children, even though the same unit and lease terms apply.
Reason it through. Changing the standard because of familial status creates a fair-housing problem. The manager should use consistent, documented, lawful criteria tied to tenancy risk. The trap is assuming an owner instruction makes discriminatory screening acceptable.
Common exam traps
- Following a discriminatory owner instruction
- Using different screening standards for protected groups
- Confusing a management agreement with a lease
- Treating a broker-only exam label as the complete rule on a salesperson's legal authority
- Using self-help rather than the lawful landlord-tenant process
Original practice questions with explanations
Answer each question before opening the explanation. These are original instructional questions mapped to the official outline. They are not copied from PSI or a live exam.
Question 1Which practice best reduces fair-housing risk in tenant qualification?
- A. Different standards for each applicant
- B. Consistent written criteria applied to every applicant
- C. Owner preference as the final rule
- D. Avoiding written records
Show answer and explanation →
Answer: B. Consistent written criteria applied to every applicant
Objective written criteria applied consistently make the legitimate screening reason visible and reduce discriminatory treatment.
Question 2Which PSI property-management topic is expressly marked broker only?
- A. Prospective-tenant qualification
- B. Fair housing compliance
- C. Market rent analysis
- D. Trust-account reports and disbursements
Show answer and explanation →
Answer: D. Trust-account reports and disbursements
PSI marks handling landlord and tenant funds, trust accounts, reports, and disbursements as broker-only content. The other listed items are part of the salesperson branch.
Question 3What document defines the property manager's authority from the owner?
- A. Property management agreement
- B. Promissory note
- C. Title policy
- D. Survey
Show answer and explanation →
Answer: A. Property management agreement
The management agreement sets scope, authority, compensation, reporting, and responsibilities. The manager cannot safely assume powers the agreement does not grant.
Ready to move on?
You are ready to leave this area when everything below is true.
- I can explain every official branch in plain English without notes.
- I can identify the Georgia distinction before reading the answer choices.
- I can solve a new scenario and state which fact controlled the answer.
- I can explain why each tempting distractor is wrong.
- I meet my accuracy target in mixed practice on at least two different days.
- I know which lesson to reopen when this area weakens.
Related lessons
Fair housing
Strengthen protected-class and prohibited-conduct decisions.
Practice of Real Estate
Connect federal rules and supervision.
Property Management practice
Drill screening, authority, and landlord-tenant scenarios.
Recommended next lesson
Continue with Transfer of Title. Move from operating property to conveying ownership.