ARGUS Enterprise Certification Exam
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 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
$35,000
A Portfolio may have _______ Chart of Accounts applied at a time
One
Percentage Rent fields are only available when _________ is selected as the property type.
Retail or Mixed Use that includes Retail
Which of the following are levels offered with the Chart of Accounts?Check all that apply.
Parent/Header
Cashflow/GL Account
Detail/Job Costs
Which of the following reports can be accessed by clicking Property Reports? Check all that apply.
Executive Summary
Budget Comparison
Cash Flow
Enter the Property Resale information in the _______________ tab.
Valuation
To change the Report Print Interval setting, click the __________ button.
Report Options
The _______________ allows users to upload numerous files and URLs to centralize the location of
property documents.
Attachments Tab
Which of the following are included in the default Leasing Commission calculation? Check all that
apply.
Free Rent
Fixed Steps
, Which of the following are included in the default Free Rent calculation? Check all that apply.
Base Rent
Fixed Steps
CPI Rent Increases
Intelligent Renewals are used to specify that tenant leases be renewed using __________________.
Check all that apply.
Last 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.
True
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.
General Vacancy Rate: 5%
Total Potential Gross Revenue: $87,632
Tenant 1 Rental: $42,330
Tenant 1 Override %: 0%
$2,265
________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within the ARGUS Data Warehouse.
Portfolio Level Reporting
Entering in a property address will allow a user to access a map of the location in AE.
False
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the Investment
tab.
Other Debt
When calculating a Market Leasing profile with the Upon Expiration set to Vacate, ARGUS Enterprise
___________________.
Assumes a 0% renewal probability.
Which of the following are available methods for calculating General Vacancy? Check all that apply.
% of Potential Gross Revenue
% of Total Rental Revenue
% of Total Tenant Revenue
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 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
$35,000
A Portfolio may have _______ Chart of Accounts applied at a time
One
Percentage Rent fields are only available when _________ is selected as the property type.
Retail or Mixed Use that includes Retail
Which of the following are levels offered with the Chart of Accounts?Check all that apply.
Parent/Header
Cashflow/GL Account
Detail/Job Costs
Which of the following reports can be accessed by clicking Property Reports? Check all that apply.
Executive Summary
Budget Comparison
Cash Flow
Enter the Property Resale information in the _______________ tab.
Valuation
To change the Report Print Interval setting, click the __________ button.
Report Options
The _______________ allows users to upload numerous files and URLs to centralize the location of
property documents.
Attachments Tab
Which of the following are included in the default Leasing Commission calculation? Check all that
apply.
Free Rent
Fixed Steps
, Which of the following are included in the default Free Rent calculation? Check all that apply.
Base Rent
Fixed Steps
CPI Rent Increases
Intelligent Renewals are used to specify that tenant leases be renewed using __________________.
Check all that apply.
Last 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.
True
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.
General Vacancy Rate: 5%
Total Potential Gross Revenue: $87,632
Tenant 1 Rental: $42,330
Tenant 1 Override %: 0%
$2,265
________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within the ARGUS Data Warehouse.
Portfolio Level Reporting
Entering in a property address will allow a user to access a map of the location in AE.
False
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the Investment
tab.
Other Debt
When calculating a Market Leasing profile with the Upon Expiration set to Vacate, ARGUS Enterprise
___________________.
Assumes a 0% renewal probability.
Which of the following are available methods for calculating General Vacancy? Check all that apply.
% of Potential Gross Revenue
% of Total Rental Revenue
% of Total Tenant Revenue
