Multifamily Housing Specialist Certification Practice Test 2025 – Complete Exam Prep

Question: 1 / 400

What is the maximum number of days for which an owner can claim the full contract rent for a vacant unit?

30 days

60 days

The correct answer is 60 days because, in multifamily housing management, regulations typically allow an owner to claim the full contract rent for a vacancy only for a specified period. This period is often established to encourage timely re-rental and to limit the time an owner can assert a financial burden from a vacant unit.

In many jurisdictions, if a unit remains vacant beyond this 60-day period, the owner may not continue to collect rent as if the unit were occupied. Instead, they may need to adjust their financial claims and report the unit as vacant, potentially impacting financial records and tax implications. Therefore, 60 days is the maximum time frame supported by common policies that maintain a balance between owner rights and tenant protections in rental housing contexts.

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90 days

120 days

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