ARGUS UPDATED ACTUAL Exam
Questions and CORRECT Answers
no inflation rate - CORRECT ANSWER - is applied to elements that do not inflate each
period
specified.
general inflation rate - CORRECT ANSWER - is applied to general elements in the
property
valuation including miscellaneous revenues, parking revenues, storage revenues, and sales
volume
amounts.
market inflation rate - CORRECT ANSWER - is applied to all market rents on the Market
Leasing
window. Market rates will inflate annually each year of the projection if Annually is selected in
the
Inflate Market Rents field on the Modeling Policy window. If it is set to Monthly, market rates
will inflate each month at 1/12th of the market inflation rate beginning in the second month of
the
projection.
expense inflation rate - CORRECT ANSWER - is applied to all operating and capital
expenses
on an annual basis.
CPI inflation rate - CORRECT ANSWER - is used for CPI rent increases in the Market
Leasing and
Tenant sections of the application
, fiscal recovery using fiscal inflation - CORRECT ANSWER - Recovery timing and
recovery inflation timing will mirror the
month selected in the Inflation Month field.
calendar recovery using fiscal inflation - CORRECT ANSWER - January will be used as
the start of the year for recovery
timing and inflation will mirror the month selected in the Inflation Month field
calendar recovery using calendar inflation - CORRECT ANSWER - January will be used
as the start of the year for
recovery timing and inflation calculation. The month selected in the Inflation Month field will
not
be used.
inflation indices - CORRECT ANSWER - this tab allows you to enter inflation indices for
a property. In addition to local inflation
indices, you can also use this window to select a global Inflation Index category.
index value - CORRECT ANSWER - Interpret the entry in the Amount field as an index
value. Inflation calculated using this
method will be determined by the difference in index values between one date and the next
percent increase - CORRECT ANSWER - : Interpret the entry in the Amount field as a
percentage increase.
general vacancy - CORRECT ANSWER - is used to enter the stabilized vacancy rate for
the property. It represents the minimum
vacancy loss for the property on a monthly or annual basis.
Questions and CORRECT Answers
no inflation rate - CORRECT ANSWER - is applied to elements that do not inflate each
period
specified.
general inflation rate - CORRECT ANSWER - is applied to general elements in the
property
valuation including miscellaneous revenues, parking revenues, storage revenues, and sales
volume
amounts.
market inflation rate - CORRECT ANSWER - is applied to all market rents on the Market
Leasing
window. Market rates will inflate annually each year of the projection if Annually is selected in
the
Inflate Market Rents field on the Modeling Policy window. If it is set to Monthly, market rates
will inflate each month at 1/12th of the market inflation rate beginning in the second month of
the
projection.
expense inflation rate - CORRECT ANSWER - is applied to all operating and capital
expenses
on an annual basis.
CPI inflation rate - CORRECT ANSWER - is used for CPI rent increases in the Market
Leasing and
Tenant sections of the application
, fiscal recovery using fiscal inflation - CORRECT ANSWER - Recovery timing and
recovery inflation timing will mirror the
month selected in the Inflation Month field.
calendar recovery using fiscal inflation - CORRECT ANSWER - January will be used as
the start of the year for recovery
timing and inflation will mirror the month selected in the Inflation Month field
calendar recovery using calendar inflation - CORRECT ANSWER - January will be used
as the start of the year for
recovery timing and inflation calculation. The month selected in the Inflation Month field will
not
be used.
inflation indices - CORRECT ANSWER - this tab allows you to enter inflation indices for
a property. In addition to local inflation
indices, you can also use this window to select a global Inflation Index category.
index value - CORRECT ANSWER - Interpret the entry in the Amount field as an index
value. Inflation calculated using this
method will be determined by the difference in index values between one date and the next
percent increase - CORRECT ANSWER - : Interpret the entry in the Amount field as a
percentage increase.
general vacancy - CORRECT ANSWER - is used to enter the stabilized vacancy rate for
the property. It represents the minimum
vacancy loss for the property on a monthly or annual basis.
