ARGUS ENTERPRISE CERTIFICATION
REVIEW BRANDNEW 2025/26 ACTUAL EXAM
THE TOPICS IN THIS GUIDE ALIGN WITH THE EXAM. GOOD LUCK!!
What will LB Corporation pay for reimbursements in 2017?
A) $0
B) $34,561
C) $33,012
D) 34,298 -ANS-C) $33,012
What will LB Corporation pay for reimbursements in 2018?
A) $0
B) $ 33,012
C) 38,491
D) 48,417 -ANS-D) $48,417
If a tenant's space is available, but sitting vacant before they move in and
you want to show that vacancy on reports, what do you need to enter in for
the Lease dates?
,A) Enter the same date in the Available and Start date fields.
B) The Available date needs to be when the space is actually available and
the Start date needs to be when the tenant's lease begins.
C) Lease Execution needs to be the same date as the Lease Start.
D) Available and Lease Execution need to have the same date. -ANS-B)
the Available date needs to be when the space is actually available and
the Start date needs to be when the tenant's lease begins.
,Step Rent increases can be applied in the Step Rent field or in the Base
Rent varies window.
A) True
B) False -ANS-A) True
Use the following information to answer Questions 31 &32:
NOI:
2016 - $314,227 2019 - $ 407,746
2017 - $376,252 2020 - $ 415415
2018 - $410,713 2021 - $ 404, 263
Total NOI - $2,328,617
Resale Cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds
from sale if we have a resale calculation that capitalizes the NOI 12 months
after sale? (rounded to the nearest dollar)
A) $3,921,351
, B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-A) $3,921,351
Assuming a sale date of December 2020, what will the net proceeds from
ale if we have a resale calculation that capitalizes the NOI of the sale year?
(rounded to the nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-B) $4,029,526
When using an Available date that is before the Start date, the loss in
potential rent (Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit -ANS-A) Lease Audit
is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner.
REVIEW BRANDNEW 2025/26 ACTUAL EXAM
THE TOPICS IN THIS GUIDE ALIGN WITH THE EXAM. GOOD LUCK!!
What will LB Corporation pay for reimbursements in 2017?
A) $0
B) $34,561
C) $33,012
D) 34,298 -ANS-C) $33,012
What will LB Corporation pay for reimbursements in 2018?
A) $0
B) $ 33,012
C) 38,491
D) 48,417 -ANS-D) $48,417
If a tenant's space is available, but sitting vacant before they move in and
you want to show that vacancy on reports, what do you need to enter in for
the Lease dates?
,A) Enter the same date in the Available and Start date fields.
B) The Available date needs to be when the space is actually available and
the Start date needs to be when the tenant's lease begins.
C) Lease Execution needs to be the same date as the Lease Start.
D) Available and Lease Execution need to have the same date. -ANS-B)
the Available date needs to be when the space is actually available and
the Start date needs to be when the tenant's lease begins.
,Step Rent increases can be applied in the Step Rent field or in the Base
Rent varies window.
A) True
B) False -ANS-A) True
Use the following information to answer Questions 31 &32:
NOI:
2016 - $314,227 2019 - $ 407,746
2017 - $376,252 2020 - $ 415415
2018 - $410,713 2021 - $ 404, 263
Total NOI - $2,328,617
Resale Cap rate of 10%
Adjustments of 3%
Assuming a sale date of December 2020, what will be the net proceeds
from sale if we have a resale calculation that capitalizes the NOI 12 months
after sale? (rounded to the nearest dollar)
A) $3,921,351
, B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-A) $3,921,351
Assuming a sale date of December 2020, what will the net proceeds from
ale if we have a resale calculation that capitalizes the NOI of the sale year?
(rounded to the nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-B) $4,029,526
When using an Available date that is before the Start date, the loss in
potential rent (Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit -ANS-A) Lease Audit
is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner.
