ARGUS EXAM(question with complete solution)graded A+ 2023

ARGUS EXAM(question with complete solution)graded A+ 2023Assume the NOI of $946,250; Cap Rate of 10.5% and 3% Selling Costs. Capitalize the NOI to determine the Net Sales Price: - correct answer Step 1: NOI/Cap Rate = Sales Price Step 2: Sales Price x Selling Costs % = Selling Cost Step 3: Sales Price - Selling Costs = Net Sales Price Which recovery structure would you select to enter in a tenant that pays their net pro rata share of all expenses over a specified base stop: - correct answer Stop Amount/Area Users Can define a varying building area over time by clicking the building area ellipsis... - correct answer TRUE What are the Classification types: - correct answer Property, Tenant, System Users can create _______ values for property and tenant classifications - correct answer More than 100 Total Revenue Calculation = - correct answer Scheduled Base Rent + CPI Increases Default Free Rent = - correct answer Base Rent + Fixed Steps + CPI Increases The ________ allows users to upload numerous files and URLs to centralize the location of property documents - correct answer Attachments Tab Natural Breakpoint for % Rent = - correct answer Base Rent / Sales % When calculating a Market Leasing Profile with the upon expiration set to vacate, ARGUS Enterprise: - correct answer Assumes a 0% renewal probability