ARGUS CERTIFICATION EXAM AND PRACTICE TEST WITH UPDATED CORRECT ANSWERS FOR GRADE A+ 2024

ARGUS CERTIFICATION EXAM AND PRACTICE TEST WITH UPDATED CORRECT ANSWERS FOR GRADE A+ 2024 Vacancy And Credit Loss Correct Answer: Is The Amount Of Money Or Percentage Of Net Operating Income That Is Estimated To Not Be Realized Due To Non-Payment Of Rents And Vacant Units Where Is General Vacancy And Credit Loss Located Correct Answer: Market Tab General Vacancy Correct Answer: Is Used To Enter The Stabilized Vacancy Rate For The Property. It Represents The Minimum Vacancy Loss For The Property On A Monthly Or Annual Basis 4 General Vacancy Calculations Correct Answer: Annual Amount, % Of Potential Gross Revenue, % Of Total Rental Revenue, And % Of Total Tenant Revenue Annual Amount (General Vacancy Equation Correct Answer: General Vacancy Will Take The Amount Entered In And Spread It Evenly Over A 12 Month Period. By Clicking On The Ellipsis, It Will Give The Capability To Enter Specific Amounts, By The Month, And Them Change The Inflation Associated With The Amount % Of Potential Gross Revenue (General Vacancy Equation) Correct Answer: Total Tenant Revenue + Total Other Income % Of Total Rental Revenue (General Vacancy Equation) Correct Answer: Schedule Base Rent + Cpi Increases % Of Total Tenant Revenue Correct Answer: Total Tenant Revenue + Total Other Tenant Revenue The Three Check Boxes That Can Affect How General Vacancy Is Calculated Correct Answer: Gross Up Revenue By Absorption And Turnover, Reduce General Vacancy Result By Absorption And Turnover, Override Specified Tentants Gross Up Revenue By Absorption And Turnover Correct Answer: Provides The Ability To Add Back The Absorption And Turnover Vacancy, Prior To Calculation The General Vacancy Amount Absorption And Turnover Vacancy Correct Answer: The Projected Loss And Rental Revenue Associated With The Speculative Lease Up Of Currently Vacant Space, As Well As The Downtime Between Lease Terms Associated With Tenants Moving In And Out Of The Building -By Adding Back The Absoprtion And Turnover Vacancy To The Projected Revenue, Before Calculating General Vacancy, Ths Option Results In The General Vacancy Being Calculated On The Potential Revenue Of The Building As If It Was 100% Occupied