Certified Occupancy Specialist (COS) Practice Exam

A Tenant Selection Plan (TSP) primarily outlines policies for which activities?

Budgeting and financial reporting requirements. Building maintenance schedules and safety inspections. Pet policies and move-in incentives. Policies for application intake, screening, waiting list management, and tenant selection.

Correct Answer:

Policies for application intake, screening, waiting list management, and tenant selection.

Explanation:

The main idea being tested is what a Tenant Selection Plan covers. A TSP lays out the procedures for how applicants are handled from the moment they apply through to admission. It specifies how applications are received and documented, how eligibility and suitability are verified, and how screening is conducted (income verification, background checks, eviction history, etc.). It also explains how the waiting list is created, kept current, and prioritized (including any preferences), and how final admissions decisions are made. In short, the TSP focuses on intake, screening, waiting list management, and tenant selection. Other topics like budgeting and financial reporting, maintenance and safety inspections, or pet policies are governed by separate policies, not the TSP.

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