Ace the IREM Certified Property Manager Challenge 2025 – Unlock Your Property Potential!

Material Safety Data Sheets (MSDS) are primarily used to provide detailed information regarding hazardous substances. These sheets serve as crucial resources for understanding the properties of chemicals, potential hazards associated with their use, handling procedures, and necessary safety precautions. By outlining the potential risks and outlining emergency procedures, MSDS help ensure that individuals working with or around these substances can do so safely and within regulatory compliance.

The other choices, while relevant to property management and safety, do not directly pertain to the primary function of MSDS. Building inspection requirements focus on structural and safety evaluations of properties. Insurance coverage requirements relate to financial protection and risk management rather than the specifics of hazardous materials. Lease agreements address the contractual rights and responsibilities between landlords and tenants and do not encompass the safety data for hazardous substances. Thus, the emphasis on hazardous substances is why the answer highlighting this aspect is indeed the most accurate.