ARGUS CERTIFICATION PRACTICE TEST 2025|
BRANDNEW ACTUAL EXAM WITH 100%
VERIFIED QUESTIONS AND CORRECT
SOLUTIONS| GUARANTEED VALUE PACK| ACE
YOUR GRADES.
In ARGUS Enterprise you can utilize shortcut keyboard commands to
navigate within certain sections of the program. - Correct Answer-True
In AE, a user can add over 100 properties into a portfolio. - Correct
Answer-True
Market (Upon Expiration) - Correct Answer-Renewal processed based on
the renewal probability in the Market Leasing profile (weighted average
calculations of new and renewal rates for market rents, TI's, LC's etc.)
Reabsorb - Correct Answer-All income for the space will cease when the
initial lease term expires. In other words the space "goes dark" and does
not lease again. This allows the space to be "reabsorbed" or re-leased
either in full or in smaller sections
Renew - Correct Answer-Assumes a 100% renewal probability for the
current renewal period. A new speculative lease is created based on the
renewal market entries in the Market Leasing profile.
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Vacate - Correct Answer-Assumes a 0% renewal probability for the current
renewal period. A new speculative lease is created based on the new
market entries in the Market Leasing profile.
Option - Correct Answer-AE will entirely ignore the Market Leasing profile,
and will insert a new speculative lease line into the Rent Roll. Select Option
only if specific rent and parameters of the option term are known.
Contract Renewal - Correct Answer-AE will ignore the Market Leasing
profile, and will insert a new contract lease into the Rent Roll. Select
Contract Renewal if the specific rent and parameters of the renewal are
known.
Month to Month - Correct Answer-AE will ignore the Market Leasing profile,
and will insert a new speculative lease line into the Rent Roll. This option
can be used after a lease expires and a tenant needs to occupy the space
for only a couple more months before vacating.
Holdover - Correct Answer-AE will ignore the Market Leasing profile, and
will insert a new speculative lease line into the rent roll. A holdover tenant is
a renter who remains in a property after the expiration of the lease. If the
landlord continues to accept rent payments, the holdover tenant can
continue to legally occupy the property. State laws and court rulings
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determine how long the holdover tenant's new rental term is if the landlord
accepts rent.
Lease Type: Contract v. Speculative - Correct Answer-Contract: The tenant
is under contract and occupies space in the building.
Speculative: The tenant is not currently in the building
Custom Lease Status: This option includes any custom lease statuses you
have created.
Breakpoint - Correct Answer-The sales amount which must be achieved
prior to the payment of any percentage rent.
Natural Breakpoint - Correct Answer-If you select this option, the
percentage rent will be calculated based on the natural breakpoint. The
natural breakpoint is the result of adding base rent, step rent, and CPI.
Zero Breakpoint - Correct Answer-If you select this option, percentage rent
will be calculated based on total sales volume.
Absorption Months v. Months Between Leases - Correct Answer-Input one,
AE will calculate the other
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What must be subtracted out to calculate leasing commission? - Correct
Answer-Free Rent
True or False: ARGUS Enterprise merges three industry standard
solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and
ARGUS Valuation-Capitalisation - Correct Answer-True
Which is a benefit to utilizing a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for names of all Expenses/Revenues
c) Helps with accounting system integration
d) All of the above - Correct Answer-All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a
portfolio. - Correct Answer-True
The Discard Changes option will discard only the last change you have
made to the property record. - Correct Answer-False