ARGUS Certification Exam with Verified Solutions 2024

ARGUS Certification Exam with Verified Solutions 2024 What is the calculation for the Natural Breakpoint for Percentage Rent? - Answer -Base Rent / Sales Percentage Which of the following is a purpose for a Market Leasing profile? - Answer -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 - Answer -$35,000 A Portfolio may have _______ Chart of Accounts applied at a time - Answer -One Percentage Rent fields are only available when _________ is selected as the property type. - Answer - Retail or Mixed Use that includes Retail Which of the following are levels offered with the Chart of Accounts?Check all that apply. - Answer - Parent/Header Cashflow/GL Account Detail/Job Costs Which of the following reports can be accessed by clicking Property Reports? Check all that apply. - Answer -Executive Summary Budget Comparison Cash Flow Enter the Property Resale information in the _______________ tab. - Answer -Valuation To change the Report Print Interval setting, click the __________ button. - Answer -Report OptionsThe _______________ allows users to upload numerous files and URLs to centralize the location of property documents. - Answer -Attachments Tab Which of the following are included in the default Leasing Commission calculation? Check all that apply. - Answer -Free Rent Fixed Steps Which of the following are included in the default Free Rent calculation? Check all that apply. - Answer - Base Rent Fixed Steps CPI Rent Increases Intelligent Renewals are used to specify that tenant leases be renewed using __________________. Check all that apply. - Answer -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. - Answer -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% - Answer -$2,265 ________________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within the ARGUS Data Warehouse. - Answer -Portfolio Level Reporting Entering in a property address will allow a user to access a map of the location in AE. - Answer -False Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the Investment tab. - Answer -Other Debt