ARGUS Test 1 Questions with Correct Answers
Which "Upon Expirations" best fits the following description? A new speculative lease
is created based on
the renewal market entries in the Market Leasing Profile
renewal
Which of the following is a purpose for Market leasing profile
To apply leasing assumptions to a tenant area when the current lease for that space expires
Create Space Absorption leases
Absorption and Turnover Vacancy is rental revenue that is not captured due to the
space being vacant
before a lease begins or down time between leases
True
Which recovery structure would you select to enter in a tenant that pays their net pro-
rata share of all
expenses over a specified stop amount?
Expense Stop
To utilize 100% of the New Market rate in the Market Leasing Profile, select _______ in
the Upon Expiration
field of the Rent Roll
Vacate
Which "Upon Expirations" best fits the following description? A new speculative lease
is created based on
the renewal market entries in the Market Leasing Profile
renewal
Which of the following is a purpose for Market leasing profile
To apply leasing assumptions to a tenant area when the current lease for that space expires
Create Space Absorption leases
Absorption and Turnover Vacancy is rental revenue that is not captured due to the
space being vacant
before a lease begins or down time between leases
True
Which recovery structure would you select to enter in a tenant that pays their net pro-
rata share of all
expenses over a specified stop amount?
Expense Stop
To utilize 100% of the New Market rate in the Market Leasing Profile, select _______ in
the Upon Expiration
field of the Rent Roll
Vacate
