ARGUS Questions with Correct Answers
Which of the following are included in the default Leasing Commission calculation?
Free Rent, Fixed Steps
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: 16,500
% Fixed: 35
% Occupied: 82
% Grossed Up: 90
16,500*.35=5775
16,500-5775=10725
10725*.9=9652.5
9652.5+5775= 15,427.5
_______ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within the ARGUS Data Warehouse.
Portfolio Level Reporting
When will the CPI Increase be applied to a tenant when the selected method is "Each
Lease Anniversary"?
At the beginning of each lease year, starting in the second year.
_______ allows us to track who has been in the asset and what changes have been made
to that asset.
Audit Log
, Entering in a property address will allow a user t access a map of the location in AE.
False
Within ARGUS Enterprise, it is possible to copy items from Excel into AE.
True
When leases roll to the Market Leasing Profile, by default the rents do not inflate
during the rollover term.
True
Percentage Rent fields are only available when _______ is selected as the property type.
Retail or Mixed use that includes Retail
A property with an analysis start date of January 2014 has market rent for both new
and renewal tenants at $20.50/SF/Year. If a tenant rolls to market and a new lease
begins in September 2018, what rent would ARGUS Enterprise use for the speculative
tenant? Assume Market rent inflation is 4% beginning in the second year of analysis.
20.5* 1.04 =21.32 second year
21.32*1.04 =22.1728 third year
22.1728*1.04 = 23.0597 fourth year (2018 January)
23.0597* 1.04 = 23.98 fourth year (September)
Calculate the Operating Expense shown on the cash flow from the following
assumptions
Expense amount: .45/SF/Year
Property Size: 65,000SF
Which of the following are included in the default Leasing Commission calculation?
Free Rent, Fixed Steps
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: 16,500
% Fixed: 35
% Occupied: 82
% Grossed Up: 90
16,500*.35=5775
16,500-5775=10725
10725*.9=9652.5
9652.5+5775= 15,427.5
_______ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within the ARGUS Data Warehouse.
Portfolio Level Reporting
When will the CPI Increase be applied to a tenant when the selected method is "Each
Lease Anniversary"?
At the beginning of each lease year, starting in the second year.
_______ allows us to track who has been in the asset and what changes have been made
to that asset.
Audit Log
, Entering in a property address will allow a user t access a map of the location in AE.
False
Within ARGUS Enterprise, it is possible to copy items from Excel into AE.
True
When leases roll to the Market Leasing Profile, by default the rents do not inflate
during the rollover term.
True
Percentage Rent fields are only available when _______ is selected as the property type.
Retail or Mixed use that includes Retail
A property with an analysis start date of January 2014 has market rent for both new
and renewal tenants at $20.50/SF/Year. If a tenant rolls to market and a new lease
begins in September 2018, what rent would ARGUS Enterprise use for the speculative
tenant? Assume Market rent inflation is 4% beginning in the second year of analysis.
20.5* 1.04 =21.32 second year
21.32*1.04 =22.1728 third year
22.1728*1.04 = 23.0597 fourth year (2018 January)
23.0597* 1.04 = 23.98 fourth year (September)
Calculate the Operating Expense shown on the cash flow from the following
assumptions
Expense amount: .45/SF/Year
Property Size: 65,000SF
