ARGUS CERTIFICATION EXPECTED QUESTIONS WITH
VERIFIED ANSWERS
Question 1.
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F)
ANSWER
True
Question 2.
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F)
ANSWER
True
Question 3.
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale).
ANSWER
Cap Rate
Question 4.
User Recovery Structures
ANSWER
You can also create user-constructed recovery structures. These provide you with the ability to
create custom recovery structures which apply different recovery methods to individual
expenses or expense groups. This flexibility allows you to model virtually any recovery
structure you might encounter in a commercial real estate lease contract.
, Question 5.
Base Year Stop -1
ANSWER
Expense stop will be established by the amount of recoverable expenses in the recovery year
prior to year the lease begins. If you select this method and the lease begins before the
analysis, the expense stop will be set in the same manner as the existing base year stop
recovery method. If you select this method and the lease begins during the first analysis year
yet after the start of the second recovery year, the expense stop will be established by the
recoverable expenses that occur within the first recovery year.
Question 6.
None
ANSWER
No recoveries will be calculated for the tenant.
Question 7.
Month to Month
ANSWER
AE will ignore the Market Leasing profile, and will insert a new speculative lease line into the
Rent Roll. This option can be used after a lease expires and a tenant needs to occupy the space
for only a couple more months before vacating.
Question 8.
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the
_________________ tab?
ANSWER
Assumptions
VERIFIED ANSWERS
Question 1.
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F)
ANSWER
True
Question 2.
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F)
ANSWER
True
Question 3.
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale).
ANSWER
Cap Rate
Question 4.
User Recovery Structures
ANSWER
You can also create user-constructed recovery structures. These provide you with the ability to
create custom recovery structures which apply different recovery methods to individual
expenses or expense groups. This flexibility allows you to model virtually any recovery
structure you might encounter in a commercial real estate lease contract.
, Question 5.
Base Year Stop -1
ANSWER
Expense stop will be established by the amount of recoverable expenses in the recovery year
prior to year the lease begins. If you select this method and the lease begins before the
analysis, the expense stop will be set in the same manner as the existing base year stop
recovery method. If you select this method and the lease begins during the first analysis year
yet after the start of the second recovery year, the expense stop will be established by the
recoverable expenses that occur within the first recovery year.
Question 6.
None
ANSWER
No recoveries will be calculated for the tenant.
Question 7.
Month to Month
ANSWER
AE will ignore the Market Leasing profile, and will insert a new speculative lease line into the
Rent Roll. This option can be used after a lease expires and a tenant needs to occupy the space
for only a couple more months before vacating.
Question 8.
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the
_________________ tab?
ANSWER
Assumptions
