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ARGUS Certification Exam Questions with 100% Correct Answers Latest Version 2024 Verified

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ARGUS Certification Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified 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 CostsWhich 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. - TrueUse 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 Non-Operating Expenses will fall below the Net Operating Income line on the Cash Flow. - True When entering an Available Date prior to the Start Date on the Rent Roll tab, AE assumes_______________________________. - The space is available, but vacant until the Start Date.

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ARGUS Certification Exam Questions
with 100% Correct Answers | Latest
Version 2024 | Verified
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

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