Comprehensive Argus Certification Study Guide
|Practice Questions with Verified Correct Answers
What is the calculation for the Natural Breakpoint for Percentage Rent? - ✔✔Base Rent / Sales
Percentage
Which of the following is a purpose for a Market Leasing profile? - ✔✔To apply leasing assumptions to a
tenant area when the current lease for that space expires
Speculative leasing or Space Absorption, of vacant space
Use the following assumptions to calculate the Percentage Rent:
Tenant Size: 1,250 SF
Base Rent: $20/SF/Year
Annual Sales Amount: $2,000,000
Sales Percentage: 3%
Breakpoint: Natural - ✔✔$35,000
A Portfolio may have Chart of Accounts applied at a time - ✔✔One
Percentage Rent fields are only available when is selected as the property type. - ✔✔Retail
or Mixed Use that includes Retail
Which of the following are levels offered with the Chart of Accounts?Check all that apply. -
✔✔Parent/Header
Cashflow/GL Account
Detail/Job Costs
Which of the following reports can be accessed by clicking Property Reports? Check all that apply. -
✔✔Executive Summary
, Budget Comparison
Cash Flow
Enter the Property Resale information in the tab. - ✔✔Valuation
To change the Report Print Interval setting, click the button. - ✔✔Report Options
The allows users to upload numerous files and URLs to centralize the location of
property documents. - ✔✔Attachments Tab
Which of the following are included in the default Leasing Commission calculation? Check all that apply.
- ✔✔Free Rent
Fixed Steps
Which of the following are included in the default Free Rent calculation? Check all that apply. - ✔✔Base
Rent
Fixed Steps
CPI Rent Increases
Intelligent Renewals are used to specify that tenant leases be renewed using .
Check all that apply. - ✔✔Last Month's Rent Rate
Contract Rate
Weighted Market Renewal Rate
Market Rent in a different Market Leasing profile
When leases roll to the Market Leasing profile, by default the rents do not inflate during the rollover
term. - ✔✔True
Use the following assumptions to calculate the General Vacancy for the property in Year 1 of the
analysis if we are overriding Tenant 1 and a Percent of Potential Gross Revenue is the method being
applied. There is no Absorption & Turnover in Year 1.
|Practice Questions with Verified Correct Answers
What is the calculation for the Natural Breakpoint for Percentage Rent? - ✔✔Base Rent / Sales
Percentage
Which of the following is a purpose for a Market Leasing profile? - ✔✔To apply leasing assumptions to a
tenant area when the current lease for that space expires
Speculative leasing or Space Absorption, of vacant space
Use the following assumptions to calculate the Percentage Rent:
Tenant Size: 1,250 SF
Base Rent: $20/SF/Year
Annual Sales Amount: $2,000,000
Sales Percentage: 3%
Breakpoint: Natural - ✔✔$35,000
A Portfolio may have Chart of Accounts applied at a time - ✔✔One
Percentage Rent fields are only available when is selected as the property type. - ✔✔Retail
or Mixed Use that includes Retail
Which of the following are levels offered with the Chart of Accounts?Check all that apply. -
✔✔Parent/Header
Cashflow/GL Account
Detail/Job Costs
Which of the following reports can be accessed by clicking Property Reports? Check all that apply. -
✔✔Executive Summary
, Budget Comparison
Cash Flow
Enter the Property Resale information in the tab. - ✔✔Valuation
To change the Report Print Interval setting, click the button. - ✔✔Report Options
The allows users to upload numerous files and URLs to centralize the location of
property documents. - ✔✔Attachments Tab
Which of the following are included in the default Leasing Commission calculation? Check all that apply.
- ✔✔Free Rent
Fixed Steps
Which of the following are included in the default Free Rent calculation? Check all that apply. - ✔✔Base
Rent
Fixed Steps
CPI Rent Increases
Intelligent Renewals are used to specify that tenant leases be renewed using .
Check all that apply. - ✔✔Last Month's Rent Rate
Contract Rate
Weighted Market Renewal Rate
Market Rent in a different Market Leasing profile
When leases roll to the Market Leasing profile, by default the rents do not inflate during the rollover
term. - ✔✔True
Use the following assumptions to calculate the General Vacancy for the property in Year 1 of the
analysis if we are overriding Tenant 1 and a Percent of Potential Gross Revenue is the method being
applied. There is no Absorption & Turnover in Year 1.
