Argus Enterprise Keys Questions and Answers 2023

Argus Enterprise Keys Questions and Answers 2023 If a currency scenario is created, it will be assigned in the ________________________ Portfolio Tab Apply Inflation monthly by ____________________ clicking on the inflation basis ellipsis To apply inflation in the first year, ____________________________ select 'Allow Inflation' in year 1 option in the modeling policies Non-OpEx fall (below/above) the NOI line on cash flow and (are/are not) counted towards the value of the property. This feature can be turned on/off in the _________________________ Below. Are Not. Report options in the cash flor report. Variable Expense Calculation ((Expense amount% fixed) + (expense amount %variable* % occupied)) = expense amount on cash flow In Property Reports - Cash flow, users have the options to choose "Report for" between 3 Options: ____________________ Total property (default) = Will show all transactions within model. Assured and Speculative = Will show income broken into assured and speculative sections. Assured = Will only show assured section. "Calculate Assured Income" needs to be checked in the Modeling Policies - General for this to work. "Active" field for a tenant means _________________________ User can enable or disable a tenant as a reference record and if they are included in calculations and reports Free Rent, by default, includes: Base Rent, Step Rent, and CPI Rent Change the default recovery type by going to _________________ Modeling Policies - Recoveries Calculate Base Year Stop Recovery Structure Base Year Stop= ((current year expenses- Base Year Expenses) * Tenant Net Share) -pg41 Calculate Leasing Commissions Calculation - Fixed % LC= (((Base Rent+ Step Rent- Free Rent)yr1 LC%) +((Base Rent+ Step Rent- Free Rent)yr2LC%)+ +((Base Rent+ Step Rent- Free Rent)yr3*LC%)+...). -pg41 Default Leasing Commission Calculation includes: Base Rent + Step Rent - Free Rent Default Entry of 100% in improvements/commissions timing field indicates ______________________ Entire payment should occur in month one of the lease. This can be distributed across the lease term by clicking the ellipsis button. Access the Rent Roll Screen when the input window is activated Hot Key Ctrl + R Bottom of the window in Tenant - Rent Roll shows: Building Area, Area Entered, Area Remaining, and Area Reabsorbed Tenants can have _________________ applied in the Rental Income tab Base, Step, Rent Review, and Outstanding Review increases. Changed in the "Type drop-down menu" Fixed steps should be entered in this field if the step occurs ____________________________ Every lease anniversary at the same step amount. Any variation needs to use the Base Rent ellipsis. When entering an amount in the Months Vacant Override field, there (will/will not) be any blending based on renewal opportunity. What happens in subsequent rollovers? Will not. Argus returns to using the entry for months vacant in the Market Leasing Profile. Hitting F11 while in the reports tab opens ___________________ "Report Options" window specific to the report currently active "Rebound Market leases to start on the first day of the month" means: In the Modeling Policies - General Tab. Selected by default, but you CAN deselect and start market leasing profiles one day after lease expires. To move a row entry up one row: To move a row entry down one row: To move a row entry to the top of the list: To move a row entry to the bottom of the list: CTRL + ( CTRL + ) CTRL + SHIFT + ( STRL + SHIFT + ) Percent Rent is ONLY available for ___________________ Retail or Mixed-use retail Click "Tenant Cash Flow" button located in the Grid Navigation bar to: open the Tenant Cash Flow report for the currently selected tenant, only if you have just the Inputs displayed. Use report icons in top right hand corner to switch between: Allowed print interval frequencies for reports. Use F9 to do this as well. Report Options for Market Leasing Summary Report allows users to: Select which year of analysis is displayed. Report options is in the top left corner. When using % of Market with an Option Lease, AE will: Use renewal rates for the Base Rent The "Percentage Recoverable" for expense groups allows users to: Apply a different recoverable percentage to an expense than what was originally entered on the Expense tab. Will not change the entry on the Expense screen. The max per increase limit for recoverable expenses is based on: The previous year allocation proportionately% Cap increase per year What button do you press to save all settings across all tabs as defaults? "Save as Default Options". Users have to have this permission What happens to existing gross up recovery structures when the Modeling Policy for gross up structures is updated? They stay with the recovery structure they had and do not change to the new. Market Rent categories are useful in Template creation to ________________ save time and reduce errors when setting up market rates Shortcut key to open "In Use By" side panel is: Alt + I. If a category is in use a user will not be able to delete it. Market Leasing profiles cannot be deleted if they are being used. The two options for choosing for Free Rent are: Relative Dates or Monthly Entries. Relative dates means relative to lease start date. Monthly entries means a user can specify the amount of free rent they will receive based on what month/year they commence. By including Free Rent in the Leasing Commission Schedule: AE subtracts free rent from calculations and is not used towards commissions The "Incentives" field in Market Leasing Profile: Links tenant credits directly to the lease Click 'Save property" to: See updated values in Purchase Info section If you have two loans with the same seniority: The creation order on the grid determines the seniority between them For loan financings, click the "Interest Rate" elipssis to: Allow the user to enter a interest rate that varies over time With 0 entered into the "Amortize Start" field, the loan will pay interest and principal from the start Results section in Valuation - Direct Cap displays: Calculated direct cap results for the property. They include: NOI, Occupancy Gross Up Adjustment, NOI to capitalize, Divided by Direct Cap Rate, and Direct Cap Value Resale Calculations = Resale Calculation= NOI (12 Months After Sale) / Cap Rate = Gross Sale Price. Gross Sale Price - Adjustments (selling costs included) = Net Sale Price. Hold period = How long we will be holding the loan for What does turning on "Display Multiple Slides" do? In Report Options window. This allows users to see a range of resale cap rates compared to range of PV rates. "Export to Single File" means: Export all property reports into single Excel workbook. With this option unchecked, each property has its own workbook. Property filter names are independent of _____________. Scenarios. They can be used across the portfolio. "show out of date results" checkbox allows reports to calculate but will: Provide a warning message that at least one of the properties needs to be calculated. Portfolio Level Reporting can be exported to: Microsoft Excel 2003, 2007. TIFF Image File. PDF. Microsoft Word 2003, 2007.