ARGUS Certification Exam REVISED 2023//2024

ARGUS Certification Exam REVISED 2023//2024 What is the calculation for the Natural Breakpoint for Percentage Rent? - ANSWER Base Rent / Sales Percentage Which of the following is a purpose for a Market Leasing profile? - ANSWER 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 - ANSWER $35,000 A Portfolio may have _______ Chart of Accounts applied at a time - ANSWER One Percentage Rent fields are only available when _________ is selected as the property type. - ANSWER Retail or Mixed Use that includes Retail Which of the following are levels offered with the Chart of Accounts?Check all that apply. - ANSWER Parent/Header Cashflow/GL Account Detail/Job Costs Which of the following reports can be accessed by clicking Property Reports? Check all that apply. - ANSWER Executive Summary Budget Comparison Cash Flow Enter the Property Resale information in the _______________ tab. - ANSWER Valuation To change the Report Print Interval setting, click the __________ button. - ANSWER Report Options The _______________ allows users to upload numerous files and URLs to centralize the location of property documents. - ANSWER Attachments Tab Which of the following are included in the default Leasing Commission calculation? Check all that apply. - ANSWER Free Rent Fixed Steps Which of the following are included in the default Free Rent calculation? Check all that apply. - ANSWER Base Rent Fixed Steps CPI Rent Increases Intelligent Renewals are used to specify that tenant leases be renewed using __________________. Check all that apply. - ANSWER 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. - ANSWER 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. General Vacancy Rate: 5% Total Potential Gross Revenue: $87,632 Tenant 1 Rental: $42,330 Tenant 1 Override %: 0% - ANSWER $2,265 ________________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within the ARGUS Data Warehouse. - ANSWER Portfolio Level Reporting Entering in a property address will allow a user to access a map of the location in AE. - ANSWER False Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the Investment tab. - ANSWER Other Debt When calculating a Market Leasing profile with the Upon Expiration set to Vacate, ARGUS Enterprise ___________________. - ANSWER Assumes a 0% renewal probability. Which of the following are available methods for calculating General Vacancy? Check all that apply. - ANSWER % of Potential Gross Revenue % of Total Rental Revenue % of Total Tenant Revenue Non-Operating Expenses will fall below the Net Operating Income line on the Cash Flow. - ANSWER True When entering an Available Date prior to the Start Date on the Rent Roll tab, AE assumes_______________________________. - ANSWER The space is available, but vacant until the S