Argus Certification Practice Test
______________________ is used in retail residences in which tenants are expected to pay
a percent of their income to the belongings owner. - ANS-Percentage Rent
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percentage inside the Modeling Policies window. - ANS-False
All of the following are alternatives for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Assuming a hundred% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$0
Assuming a 60% occupancy, calculate the Vending Machine sales in Year 1 of the evaluation
(revenue is $13,000 with fixed percent of 0%). - ANS-$7,800 (.6*13000)
Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we have a resale calculation that capitalises the NOI of the sale year? - ANS-(202 NOI /
10% Cap Rate)*(1.0 - three% adjustment)
Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we've got a resale calculation that capitalizes the NOI three hundred and sixty five days
after sale? - ANS-(2021 NOI / 10% Cap Rate)*(1.Zero - 3% adjustment)
Calculate the General Vacancy Loss the use of the subsequent assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: five% of PGR - ANS-[(800,000 + 20,0000)*0.05] - $20,000 = $21,000
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile phrases
c) Inserts a brand new settlement hire into the Rent Roll
d) None of the above - ANS-c) Inserts a new settlement hire
Different stages of detail may be set for the Audit Log in which Portfolio Application tab? -
ANS-Portfolio Details
Free Rent, through default, kick in at the start of the _________. - ANS-Tenant's Lease Start
Date
If 12% is a preferred return, input 12% in the ________________ determine tab. -
ANS-Valuation
If a tenant's area is available, but sitting vacant earlier than they circulate in and you need to
expose that emptiness on reviews, what do you want to enter in for the Lease dates? -
ANS-The Available Date needs to be when the gap is absolutely available and the Start Date
wishes to be whilst the tenant's rent starts offevolved.
In AE, a person can upload over 100 properties right into a portfolio. - ANS-True
______________________ is used in retail residences in which tenants are expected to pay
a percent of their income to the belongings owner. - ANS-Percentage Rent
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percentage inside the Modeling Policies window. - ANS-False
All of the following are alternatives for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Assuming a hundred% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$0
Assuming a 60% occupancy, calculate the Vending Machine sales in Year 1 of the evaluation
(revenue is $13,000 with fixed percent of 0%). - ANS-$7,800 (.6*13000)
Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we have a resale calculation that capitalises the NOI of the sale year? - ANS-(202 NOI /
10% Cap Rate)*(1.0 - three% adjustment)
Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we've got a resale calculation that capitalizes the NOI three hundred and sixty five days
after sale? - ANS-(2021 NOI / 10% Cap Rate)*(1.Zero - 3% adjustment)
Calculate the General Vacancy Loss the use of the subsequent assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: five% of PGR - ANS-[(800,000 + 20,0000)*0.05] - $20,000 = $21,000
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile phrases
c) Inserts a brand new settlement hire into the Rent Roll
d) None of the above - ANS-c) Inserts a new settlement hire
Different stages of detail may be set for the Audit Log in which Portfolio Application tab? -
ANS-Portfolio Details
Free Rent, through default, kick in at the start of the _________. - ANS-Tenant's Lease Start
Date
If 12% is a preferred return, input 12% in the ________________ determine tab. -
ANS-Valuation
If a tenant's area is available, but sitting vacant earlier than they circulate in and you need to
expose that emptiness on reviews, what do you want to enter in for the Lease dates? -
ANS-The Available Date needs to be when the gap is absolutely available and the Start Date
wishes to be whilst the tenant's rent starts offevolved.
In AE, a person can upload over 100 properties right into a portfolio. - ANS-True
