Certified Occupancy Specialist (COS) Practice Exam

What is the primary purpose of a Management and Occupancy Review (MOR) in relation to tenant files?

To set rent levels for the property. To ensure program compliance by reviewing tenant files for accuracy and currency. To audit construction compliance. To rate resident satisfaction.

Correct Answer:

To ensure program compliance by reviewing tenant files for accuracy and currency.

Explanation:

Management and Occupancy Reviews are about ensuring that program rules are followed through careful checking of tenant documentation. The primary purpose of an MOR is to ensure program compliance by reviewing tenant files for accuracy and currency. A typical MOR looks at income certifications, eligibility determinations, rent calculations, occupancy status, leases, and required documents to ensure everything is complete, up to date, and in line with program requirements. It is not about setting rent levels, auditing construction, or rating resident satisfaction, which fall outside the scope of an MOR.

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