1|Page
ARGUS ENTERPRISE CERTIFICATION EXAM
WITH ACTUAL STUDY GUIDE QS & AS
Assuming a sale date of December 2020, what will be the net proceeds from sale
if we have a resale calculation that capitalizes the NOI 12 months after sale?
(rounded to the nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-A) $3,921,351
Assuming a sale date of December 2020, what will the net proceeds from ale if we
have a resale calculation that capitalizes the NOI of the sale year? (rounded to the
nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-B) $4,029,526
,2|Page
When using an Available date that is before the Start date, the loss in potential
rent (Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit -ANS-A) Lease Audit
_________ is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner.
A) CPI
B) Percentage Rent
C) Step Rent
D) None of the above. -ANS-B) Percentage Rent
What is the default calculation formula for Chargeable Sales?
A) Base Rent / Sales %
B) Chargeable Sales x Sales %
C) Sales % x Sales Volume
D) Sales Volume - Breakpoint -ANS-D) Sales Volume - Breakpoint
, 3|Page
Calculate the General Vacancy Loss using the following assumptions:
- Potential Gross Revenue: $800,000
- Absorption & Turnover Vacancy: $20,000
- Calculation: 5% of Potential Gross Revenue
A) $20,000
B) $21,000
C) $40,000
D) $41,000 -ANS-B) $21,000
Additional principal payments can be factored into the loan computations?
A) True
B) False -ANS-A) True
While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _______ at the end of the projection.
A) Amortize
B) Ballon
C) Delete
D) Mature -ANS-B) Balloon
ARGUS ENTERPRISE CERTIFICATION EXAM
WITH ACTUAL STUDY GUIDE QS & AS
Assuming a sale date of December 2020, what will be the net proceeds from sale
if we have a resale calculation that capitalizes the NOI 12 months after sale?
(rounded to the nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-A) $3,921,351
Assuming a sale date of December 2020, what will the net proceeds from ale if we
have a resale calculation that capitalizes the NOI of the sale year? (rounded to the
nearest dollar)
A) $3,921,351
B) $4,029,526
C) $4,042,630
D) $4,154,150 -ANS-B) $4,029,526
,2|Page
When using an Available date that is before the Start date, the loss in potential
rent (Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit -ANS-A) Lease Audit
_________ is used in retail properties where tenants are expected to pay a
percentage of their sales to the property owner.
A) CPI
B) Percentage Rent
C) Step Rent
D) None of the above. -ANS-B) Percentage Rent
What is the default calculation formula for Chargeable Sales?
A) Base Rent / Sales %
B) Chargeable Sales x Sales %
C) Sales % x Sales Volume
D) Sales Volume - Breakpoint -ANS-D) Sales Volume - Breakpoint
, 3|Page
Calculate the General Vacancy Loss using the following assumptions:
- Potential Gross Revenue: $800,000
- Absorption & Turnover Vacancy: $20,000
- Calculation: 5% of Potential Gross Revenue
A) $20,000
B) $21,000
C) $40,000
D) $41,000 -ANS-B) $21,000
Additional principal payments can be factored into the loan computations?
A) True
B) False -ANS-A) True
While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _______ at the end of the projection.
A) Amortize
B) Ballon
C) Delete
D) Mature -ANS-B) Balloon
