ARGUS ENTERPRISE TRAINING MANUAL CHAPTER 3 COMPREHENSIVE
EXAM REVIEW QUESTIONS AND ANSWERS FOR ACADEMIC SUCCESS
2025–2026
Views' Tab - correct answer --can be created and saved to be used from one session to the next
-allows users to hide entire Input tabs, Report tabs, and Columns and/or Bands inside the tabs
that are not needed
-once a View is created you can always toggle between all views available
Rent Roll - correct answer --sub-tab that is located in Tenants tab
-used to model existing tenant lease contracts, including leased area, lease start and end dates,
base rent, fixed steps, CPI increases, free rent periods, percentage rents, recoveries, leasing
costs, and market renewal assumptions
-can also be used to speculatively lease up vacant space
Space Absorption tab - correct answer --sub-tab that is located in the Tenants tab
-alternative place for vacant space to be modeled
"Active" field - correct answer --input field in Tenants Tab, Rent Roll sub-tab
-allows a user to enable or disable a tenant as a reference record
-if "yes" is selected, the record will be included in calculations and reports
-if "no" is selected, the record will be excluded from calculations and reports
"free rent" - correct answer --input field in Tenants Tab, Rent Roll sub-tab
-(default) in AE includes: base rent, step rent, and CPI increases
Recoveries Structure - correct answer --input field in Tenants Tab, Rent Roll sub-tab
, -user can specify / change the default recovery type
- Base Year Stop = [(Current Year Expenses - Base Year Expenses) x Tenant Net Share]
Base Year Stop Calculation - correct answer -[(Current Year Expenses - Base Year Expenses) x
Tenant Net Share]
Net Pro Rate Share Calculation - correct answer -= tenant area / property size
Leasing Commissions Calculation Fixed % - correct answer -= [((Base Rent + Step Rent - Free
Rent)yr1 x LC%) + ((Base Rent + Step Rent - Free Rent)yr2 x LC%) + ((Base Rent + Step Rent - Free
Rent)yr3 x LC%) +......]
Market Leasing - correct answer --sub-tab located in the Market Tab
-allows information pertaining to Market Leasing, Expiration, and Renewal Probability to be
entered for the rent roll
Market Leasing Profile - correct answer --sub-tab located in the Market Tab
-allows the user to quickly put together market rates and other tenant assumptions to be
applied to the rollover of tenant areas when the current leases reach their expiration
-must be applied to each tenant
-serves 2 key purposes:
1. to apply leasing assumptions to a tenant area when the current lease for that space expires
2. Space Absorption, or speculative leasing of vacant space; if there is a block of vacant space in
the property, AE can use a ________ to lease up the space into one or more separate
speculative lease contracts
'Upon Expiration' - correct answer --input field (drop-down menu) in Tenants tab, Rent Roll sub-
tab, Market Leasing Profile
EXAM REVIEW QUESTIONS AND ANSWERS FOR ACADEMIC SUCCESS
2025–2026
Views' Tab - correct answer --can be created and saved to be used from one session to the next
-allows users to hide entire Input tabs, Report tabs, and Columns and/or Bands inside the tabs
that are not needed
-once a View is created you can always toggle between all views available
Rent Roll - correct answer --sub-tab that is located in Tenants tab
-used to model existing tenant lease contracts, including leased area, lease start and end dates,
base rent, fixed steps, CPI increases, free rent periods, percentage rents, recoveries, leasing
costs, and market renewal assumptions
-can also be used to speculatively lease up vacant space
Space Absorption tab - correct answer --sub-tab that is located in the Tenants tab
-alternative place for vacant space to be modeled
"Active" field - correct answer --input field in Tenants Tab, Rent Roll sub-tab
-allows a user to enable or disable a tenant as a reference record
-if "yes" is selected, the record will be included in calculations and reports
-if "no" is selected, the record will be excluded from calculations and reports
"free rent" - correct answer --input field in Tenants Tab, Rent Roll sub-tab
-(default) in AE includes: base rent, step rent, and CPI increases
Recoveries Structure - correct answer --input field in Tenants Tab, Rent Roll sub-tab
, -user can specify / change the default recovery type
- Base Year Stop = [(Current Year Expenses - Base Year Expenses) x Tenant Net Share]
Base Year Stop Calculation - correct answer -[(Current Year Expenses - Base Year Expenses) x
Tenant Net Share]
Net Pro Rate Share Calculation - correct answer -= tenant area / property size
Leasing Commissions Calculation Fixed % - correct answer -= [((Base Rent + Step Rent - Free
Rent)yr1 x LC%) + ((Base Rent + Step Rent - Free Rent)yr2 x LC%) + ((Base Rent + Step Rent - Free
Rent)yr3 x LC%) +......]
Market Leasing - correct answer --sub-tab located in the Market Tab
-allows information pertaining to Market Leasing, Expiration, and Renewal Probability to be
entered for the rent roll
Market Leasing Profile - correct answer --sub-tab located in the Market Tab
-allows the user to quickly put together market rates and other tenant assumptions to be
applied to the rollover of tenant areas when the current leases reach their expiration
-must be applied to each tenant
-serves 2 key purposes:
1. to apply leasing assumptions to a tenant area when the current lease for that space expires
2. Space Absorption, or speculative leasing of vacant space; if there is a block of vacant space in
the property, AE can use a ________ to lease up the space into one or more separate
speculative lease contracts
'Upon Expiration' - correct answer --input field (drop-down menu) in Tenants tab, Rent Roll sub-
tab, Market Leasing Profile
