ARGUS Certification | Questions with 100% Correct Answers | Latest Update 2024 | Verified

1. Once a Property Asset Type is selected it cannot be changed - False 2. The Analysis Begin Date defaults to the current Month and Year - True 3. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. What dollar amount should be entered in the Amount1 field? (no commas) - 100000 4. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. What will be the actual expense on the Cash Flow for CAM (no commas) - (100000*.5)+(50000*.75)=87500 5. What default elements are included in Free Rent? - Base Rent, Step Rent, CPI 6. When calculating a Market Leasing profile with the Upon Expiration set to Renewal, ARGUS Enterprise...Assumes a 100% renewal. - 7. The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past terms - False 8. Step Rent increases can be applied in the Step Rent field or in the Base Rent varies window - True 9. What property types will have the Percentage Rent fields? - Retail, Mixed Use (that include Retail) 10. If the Upon Expiration for the "Retail Profile" Market Leasing profile is set to "Office Profile" how will that change the cash flow? - The Cash Flow will use office market data after the retail profile is done.