ARGUS EXAM Question and answers rated A+ 2023/2024

ARGUS EXAM Question and answers rated A+ 2023/2024Assume the NOI of $946,250; Cap Rate of 10.5% and 3% Selling Costs. Capitalize the NOI to determine the Net Sales Price: - correct answer Step 1: NOI/Cap Rate = Sales Price Step 2: Sales Price x Selling Costs % = Selling Cost Step 3: Sales Price - Selling Costs = Net Sales Price Which recovery structure would you select to enter in a tenant that pays their net pro rata share of all expenses over a specified base stop: - correct answer Stop Amount/Area Users Can define a varying building area over time by clicking the building area ellipsis... - correct answer TRUE What are the Classification types: - correct answer Property, Tenant, System Users can create ______