ARGUS EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+
11 views 0 purchase
Course
ARGUS
Institution
ARGUS
ARGUS EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+
When calculating a market leasing profile with the upon expiration set to renewal AE - Answer-assumes 100% renewal
Gross Sale Price is calculated by taking NOI to capitalize and dividing it by the __________ when using CAP NOI (12 months af...
ARGUS EXAM QUESTIONS WITH
COMPLETE SOLUTIONS GRADED
A+
When calculating a market leasing profile with the upon expiration set to renewal AE -
Answer-assumes 100% renewal
Gross Sale Price is calculated by taking NOI to capitalize and dividing it by the
__________ when using CAP NOI (12 months after sale) - Answer-Cap Rate
Within the Investment tab, the _____ tab is used to calculate debt notes outside of the
AE system. - Answer-Other debt
Sales amount that must be achieved prior to the payment of any percentage rate is: -
Answer-Breakpoint
When entering an available date prior to the start date within rent roll, AE will assume -
Answer-The space is available but vacant until the start date
All recoverable expenses are paid by the tenant based on their proportionate share of
the building over a stop amount, which is the amount of annual recoverable expenses in
the base year of the lease - Answer-Base Year Stop
Specifies that the tenant will pay expenses over their prior year base stop. The tenant is
responsible for their share of any expenses over this amount - Answer-Base Year Stop -
1
Tenant will pay expenses over their base year stop for the year following the lease start.
Responsible for their share of expenses over this amount. - Answer-Base Year Stop +1
Tenant this apply to will reimburse all recoverable expenses over the building stop
amount based on their proportionate share of the building - Answer-Stop Amount
By default, when are leasing commissions paid within AE? - Answer-The First month of
the lease
The ________ allows users to upload numerous files and URLs to centralize the
location of property documents - Answer-Attachments Tab
, When calculating a Market Leasing Profile with the upon expiration set to vacate,
ARGUS Enterprise: - Answer-Assumes a 0% renewal probability
When will the CPI Increase be applied to a tenant when the selected method is "Each
Lease Anniversary" : - Answer-At the beginning of each lease year start in the 2nd year
A portfolio may have _______ Chart of Accounts applied at a time: - Answer-One
Assume the NOI of $946,250; Cap Rate of 10.5% and 3% Selling Costs. Capitalize the
NOI to determine the Net Sales Price: - Answer-Step 1: NOI/Cap Rate = Sales Price
Step 2: Sales Price x Selling Costs % = Selling Cost
Step 3: Sales Price - Selling Costs = Net Sales Price
Which recovery structure would you select to enter in a tenant that pays their net pro
rata share of all expenses over a specified base stop: - Answer-Stop Amount/Area
Users Can define a varying building area over time by clicking the building area
ellipsis... - Answer-TRUE
What are the Classification types: - Answer-Property, Tenant, System
Users can create _______ values for property and tenant classifications - Answer-More
than 100
Total Revenue Calculation = - Answer-Scheduled Base Rent + CPI Increases
Any type of item can be added on as a Miscellaneous Rent if they are directly related to
the tenant: - Answer-TRUE
For a Tenant to pay a specific Amount for an Expense, select the _______ Recovery
Method: - Answer-Fixed Amount
Non-Operating Expenses will fall below the NOI Line on the Cash Flow: - Answer-TRUE
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
