Free ARM Exam Prep
Accredited Residential Manager
Prepare for the ARM exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.
Quick Facts
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ARM IREM Certifications: Study Roadmap
Follow this path to organize your exam preparation
Take the ethics courseYou are here
Take Ethics for the Real Estate Manager (ETH800, day 1 of the classroom or live online ARM Track) or Real Estate Management Ethics Online (ETH001) to learn the IREM Code of Professional Ethics.
Complete RES201 (or MAH201 or CID201)
Work through Managing Residential Properties (RES201), days 2-5 of the ARM Track, covering owner goals, staff and HR, accounting and budgeting, the physical property, residents and fair housing, and records and owner reporting.
Review materials & build your open-book index
Tab and highlight your course materials so you can find formulas, fair housing rules, and IREM ethics articles in under a minute.
Practice questions & exam day
Work through the 170 practice questions, review weak areas, then take the live online proctored ARM exam within 30 days of registering (schedule at least 72 hours ahead to avoid ProctorU premium fees).
Can You Take the ARM Exam?
Check if you meet the basic eligibility requirements
- •Pass the ARM Certification Exam (100 questions, open book, 70% passing)
- •Live online proctored exam with a 30-day window after registration
- •Bring a standard calculator or use the calculator on your laptop; cell phones and tablets are not permitted
- •Maintain IREM membership and pay annual dues to keep the ARM in good standing
ARM Quick Facts
Time to Get Licensed
From start to license in hand
Exam Provider
IREM, delivered through ProctorU live online proctoring
Retake Policy
Total Cost Breakdown
Free ARM Prep Tools
Reported exam pass rate: Not publicly reported by IREM. These figures describe exam candidates, not OpenExamPrep user outcomes. Check the exam sponsor’s website for published statistics.
170 Practice Questions
Covers every RES201 part, human resources, and the IREM Code of Professional Ethics
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Updated for 2026
Reflects the current IREM ARM curriculum and ethics standards
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All 170 ARM practice questions are free — no account required
What You'll Study
15 chapters covering the exam topics in this guide
Chapter 1: Market Analysis, Advertising & Marketing Planning
3 sections
Chapter 2: The Residential Leasing Process & Application Screening
3 sections
Chapter 3: Maintenance Operations, Work Orders & Building Systems
3 sections
Chapter 4: Capital Planning, Contractor Management & Environmental Safety
3 sections
Chapter 5: Property Accounting & Financial Statements
3 sections
Chapter 6: Budgeting, Valuation & Financial Analysis
3 sections
Chapter 7: Federal Fair Housing Laws & Protected Classes
3 sections
Chapter 8: Landlord-Tenant Law, Lease Agreements & Evictions
3 sections
Chapter 9: Risk Management, Insurance & Emergency Preparedness
3 sections
Chapter 10: Resident Retention, Customer Service & Turnover Reduction
3 sections
Chapter 11: Property Strategy, Ownership & Client Objectives
3 sections
Chapter 12: Staffing, Employment Compliance & Development
3 sections
Chapter 13: Leadership, Performance & Team Dynamics
2 sections
Chapter 14: Operating Controls & Sustainable Operations
3 sections
Chapter 15: IREM Code of Professional Ethics & Enforcement
3 sections
ARM Exam Details
Accredited Residential Manager
Administered by Institute of Real Estate Management (IREM)
Exam Content Breakdown
Based on the official Institute of Real Estate Management (IREM) content outline
Owner goals and management company structures, leading the site team, the employee life cycle (recruiting, onboarding, performance management, retention), employment law, and communication and conflict resolution (RES201 Parts I-II)
Accounting methods, chart of accounts, operating and capital budgets, variance analysis, the statement of cash flow, NOI and capitalization-based value, record keeping, and reporting to the owner (RES201 Parts III and VI)
Types of maintenance, property inspections, building components and systems, contractors and bidding, sustainability, work-order priorities and inventory, risk management, emergency planning, and insurance (RES201 Part IV)
Market and property analysis, rent setting and revenue management, reputation management, leasing and prospect qualification, fair housing and ADA, lease execution, collections and evictions, and resident retention (RES201 Part V)
IREM Code of Professional Ethics articles, including loyalty to the client, confidentiality, accounting and reporting, protection of funds, conflicts of interest, equal opportunity, duty to tenants, and enforcement (ETH800 or ETH001)
What's Included
15 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
Free to Start
No credit card required
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What's Next After the ARM?
After passing the ARM, you can pursue these career paths
ARM Exam FAQ
Official Institute of Real Estate Management (IREM) Resources
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