Certified Apartment Portfolio Supervisor (CAPS) Practice Exam - Module 1

Tenant screening is the process of evaluating potential renters' qualifications and background to determine if they are suitable for tenancy. This involves collecting and analyzing information related to the applicant's credit history, rental history, employment verification, and criminal background checks. The goal is to assess the likelihood that the applicant will fulfill their lease obligations, pay rent on time, and adhere to property rules and regulations. Proper tenant screening helps property managers mitigate risks associated with undesirable tenants, such as evictions, property damage, and late payments.

The other options, while related to property management, do not pertain to tenant screening specifically. Selecting contractors is about managing operational aspects of property maintenance, assessing property conditions relates to ensuring the property is ready for rent, and evaluating market trends focuses on setting appropriate rental prices rather than assessing individual tenant qualifications.