ARGUS CERTIFICATION EXAM STUDY GUIDE 20 t t t t t
25| BRANDNEW ACTUAL EXAM WITH 100% VERI
t t t t t t
FIED QUESTIONS AND CORRECT SOLUTIONS| G
t t t t t
UARANTEED VALUE PACK| ACEYOUR GRADES. t t t t t
Holdover - Correct Answer- t t t
AE will ignore the Market Leasing profile, and will insert a new speculative lease l
t t t t t t t t t t t t t t
ine into the rent roll. A holdover tenant isa renter who remains in a property after t
t t t t t t t t t t t t t t t t t
he expiration of the lease. If the landlord continues to accept rent payments, the
t t t t t t t t t t t t t t
holdover tenant can continue to legally occupy the property. State laws and cour
t t t t t t t t t t t t
t rulings determine how long the holdover tenant's new rental term is if the landlo
t t t t t t t t t t t t t t
rd accepts rent.
t t
Lease Type: Contract v. Speculative - Correct Answer-
t t t t t t t
Contract: The tenantis under contract and occupies space in the building.
t t t t t t t t t t t
Speculative: The tenant is not currently in the building t t t t t t t t
Custom Lease Status: This option includes any custom lease statuses youhave
t t t t t t t t t t t t
created.
Breakpoint - Correct Answer- t t t
The sales amount which must be achievedprior to the payment of any perce
t t t t t t t t t t t t t
ntage rent. t
1|P a g e
t t t
,Natural Breakpoint - Correct Answer- t t t t
If you select this option, the percentage rent will be calculated based on the natur
t t t t t t t t t t t t t t
al breakpoint. Thenatural breakpoint is the result of adding base rent, step rent, a
t t t t t t t t t t t t t t
nd CPI. t
Zero Breakpoint - Correct Answer-
t t t t
If you select this option, percentage rentwill be calculated based on total sales v
t t t t t t t t t t t t t t
olume.
Absorption Months v. Months Between Leases - Correct Answer-t t t t t t t t
Input one,AE will calculate the other
t t t t t t
What must be subtracted out to calculate leasing commission? -
t t t t t t t t t
CorrectAnswer-Free Rent
t t t
True or False: ARGUS Enterprise merges three industry standard soluti
t t t t t t t t t
ons: ARGUS Valuation-
t t
DCF, ARGUS Asset Management, andARGUS Valuation-
t t t t t t t
Capitalisation - Correct Answer-True t t t
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate
t t t t t t t t t t t
within certain sections of the program. - Correct Answer-True
t t t t t t t t
2|P a g e
t t t
,In AE, a user can add over 100 properties into a portfolio. -
t t t t t t t t t t t t
CorrectAnswer-True
t t
3|P a g e
t t t
, Which is a benefit to utilizing a Chart of Accounts?
t t t t t t t t t
a) Easier to track Revenues/Expenses t t t
b) Standardizes portfolio for names of all Expenses/Revenues t t t t t t
c) Helps with accounting system integration
t t t t
d) All of the above - Correct Answer-All of the above
t t t t t t t t t
In ARGUS Enterprise, you can only assign one Chart of Accounts to aportf
t t t t t t t t t t t t t
olio. - Correct Answer-True
t t t
The Discard Changes option will discard only the last change you havemade to t
t t t t t t t t t t t t t t
he property record. - Correct Answer-False
t t t t t
Only users with appropriate permissions can access all of the features inthe
t t t t t t t t t t t t t
Control Panel. - Correct Answer-True
t t t t
To lock down a specific property and restrict who can edit it, click the
t t t t t t t t t t t t t
t button located in the ARGUS Enterprise Ribbon bar. - t t t t t t t t
Correct Answer-Check Out Property
t t t t
4|P a g e
t t t
25| BRANDNEW ACTUAL EXAM WITH 100% VERI
t t t t t t
FIED QUESTIONS AND CORRECT SOLUTIONS| G
t t t t t
UARANTEED VALUE PACK| ACEYOUR GRADES. t t t t t
Holdover - Correct Answer- t t t
AE will ignore the Market Leasing profile, and will insert a new speculative lease l
t t t t t t t t t t t t t t
ine into the rent roll. A holdover tenant isa renter who remains in a property after t
t t t t t t t t t t t t t t t t t
he expiration of the lease. If the landlord continues to accept rent payments, the
t t t t t t t t t t t t t t
holdover tenant can continue to legally occupy the property. State laws and cour
t t t t t t t t t t t t
t rulings determine how long the holdover tenant's new rental term is if the landlo
t t t t t t t t t t t t t t
rd accepts rent.
t t
Lease Type: Contract v. Speculative - Correct Answer-
t t t t t t t
Contract: The tenantis under contract and occupies space in the building.
t t t t t t t t t t t
Speculative: The tenant is not currently in the building t t t t t t t t
Custom Lease Status: This option includes any custom lease statuses youhave
t t t t t t t t t t t t
created.
Breakpoint - Correct Answer- t t t
The sales amount which must be achievedprior to the payment of any perce
t t t t t t t t t t t t t
ntage rent. t
1|P a g e
t t t
,Natural Breakpoint - Correct Answer- t t t t
If you select this option, the percentage rent will be calculated based on the natur
t t t t t t t t t t t t t t
al breakpoint. Thenatural breakpoint is the result of adding base rent, step rent, a
t t t t t t t t t t t t t t
nd CPI. t
Zero Breakpoint - Correct Answer-
t t t t
If you select this option, percentage rentwill be calculated based on total sales v
t t t t t t t t t t t t t t
olume.
Absorption Months v. Months Between Leases - Correct Answer-t t t t t t t t
Input one,AE will calculate the other
t t t t t t
What must be subtracted out to calculate leasing commission? -
t t t t t t t t t
CorrectAnswer-Free Rent
t t t
True or False: ARGUS Enterprise merges three industry standard soluti
t t t t t t t t t
ons: ARGUS Valuation-
t t
DCF, ARGUS Asset Management, andARGUS Valuation-
t t t t t t t
Capitalisation - Correct Answer-True t t t
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate
t t t t t t t t t t t
within certain sections of the program. - Correct Answer-True
t t t t t t t t
2|P a g e
t t t
,In AE, a user can add over 100 properties into a portfolio. -
t t t t t t t t t t t t
CorrectAnswer-True
t t
3|P a g e
t t t
, Which is a benefit to utilizing a Chart of Accounts?
t t t t t t t t t
a) Easier to track Revenues/Expenses t t t
b) Standardizes portfolio for names of all Expenses/Revenues t t t t t t
c) Helps with accounting system integration
t t t t
d) All of the above - Correct Answer-All of the above
t t t t t t t t t
In ARGUS Enterprise, you can only assign one Chart of Accounts to aportf
t t t t t t t t t t t t t
olio. - Correct Answer-True
t t t
The Discard Changes option will discard only the last change you havemade to t
t t t t t t t t t t t t t t
he property record. - Correct Answer-False
t t t t t
Only users with appropriate permissions can access all of the features inthe
t t t t t t t t t t t t t
Control Panel. - Correct Answer-True
t t t t
To lock down a specific property and restrict who can edit it, click the
t t t t t t t t t t t t t
t button located in the ARGUS Enterprise Ribbon bar. - t t t t t t t t
Correct Answer-Check Out Property
t t t t
4|P a g e
t t t
