ARGUS Certification Exam 2023 with 100% correct answers
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Course
ARGUS Certification
Institution
ARGUS Certification
What is the calculation for the Natural Breakpoint for Percentage Rent?
Base Rent / Sales Percentage
Which of the following is a purpose for a Market Leasing profile?
To apply leasing assumptions to a tenant area when the current lease for that space expires
Speculative leasing or Space A...
ARGUS Certification Exam
What is the calculation for the Natural Breakpoint for Percentage Rent? correct answerBase Rent / Sales Percentage
Which of the following is a purpose for a Market Leasing profile? correct answerTo apply leasing assumptions to a tenant area when the current lease for that space expires Speculative leasing or Space Absorption, of vacant space
Use the following assumptions to calculate the Percentage Rent:
Tenant Size: 1,250 SF Base Rent: $20/SF/Year Annual Sales Amount: $2,000,000 Sales Percentage: 3%
Breakpoint: Natural correct answer$35,000
A Portfolio may have _______ Chart of Accounts applied at a time correct answerOne
Percentage Rent fields are only available when _________ is selected as the property type. correct answerRetail or Mixed Use that includes Retail
Which of the following are levels offered with the Chart of Accounts?Check all that apply. correct answerParent/Header
Cashflow/GL Account
Detail/Job Costs
Which of the following reports can be accessed by clicking Property Reports? Check all that apply. correct answerExecutive Summary
Budget Comparison Cash Flow
Enter the Property Resale information in the _______________ tab. correct answerValuation
To change the Report Print Interval setting, click the __________ button. correct answerReport Options
The _______________ allows users to upload numerous files and URLs to centralize the location of property documents. correct answerAttachments Tab
Which of the following are included in the default Leasing Commission calculation? Check all that apply. correct answerFree Rent
Fixed Steps
Which of the following are included in the default Free Rent calculation? Check all that apply. correct answerBase Rent
Fixed Steps
CPI Rent Increases
Intelligent Renewals are used to specify that tenant leases be renewed using __________________. Check all that apply. correct answerLast Month's Rent Rate
Contract Rate
Weighted Market Renewal Rate
Market Rent in a different Market Leasing profile
When leases roll to the Market Leasing profile, by default the rents do not inflate during the rollover term. correct answerTrue
Use the following assumptions to calculate the General Vacancy for the property in Year 1 of the analysis
if we are overriding Tenant 1 and a Percent of Potential Gross Revenue is the method being applied. There is no Absorption & Turnover in Year 1.
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