Leasing License Practice Exam

What activity is a Leasing Agent allowed to perform?

1. Conduct open houses for commercial properties

2. Negotiate lease agreements for commercial spaces

3. Accompany an appraiser during property evaluations

4. Manage long-term investment properties

The correct answer is: Accompany an appraiser during property evaluations

The activity that a Leasing Agent is allowed to perform is accompanying an appraiser during property evaluations. This role typically involves assisting in the physical inspection of a property and providing information that may help the appraiser in determining the property's value. Leasing Agents are knowledgeable about the features and benefits of the properties they represent and can provide the necessary insight into aspects that may influence the appraisal outcome. In the context of leasing, while leasing agents work closely with property management and potential tenants, their primary responsibilities involve promoting and leasing properties rather than engaging in the more complex financial transactions associated with managing long-term investment properties or negotiating lease agreements. Therefore, accompanying an appraiser aligns with their role and expertise within the leasing process, while other activities may extend beyond their permitted scope of work.