Argus Certification Study guides, Class notes & Summaries

Argus exam 1 Questions and Answers 100% Correct Updated 2024

What is the calculation for the Natural Breakpoint for Percentage Rent? - Base Rent / Sales Percentage Which of the following is a purpose for a Market Leasing profile? - 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: Natura...

Once a Property Asset Type is selected it cannot be changed (T/F) - correct answer False The Analysis Begin date defaults to the current Month and Year (T/F) - correct answer True Which of the following is a classification type in AE? Select all that apply. a. Property b. Tenant c. Region d. Lease - correct answer a. Property b. Tenant Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - correct answer True What is the extension of a property asset file in ARGUS ...

Task Pane provides a number of shortcuts and convenient functions, which include: - correct answer Getting Started, ARGUS Alerts, ARGUS Valuation - DCF Wizard, and Shared Workspace Getting Started (Task Pane) - 4 - correct answer Create new files, open recent files, connect to ARGUS website, and access a shared workplace online ARGUS Alerts - correct answer Login to the ARGUS website to receive instant alerts, news, and other information Property Library - correct answer Window allows you t...

ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation - DCF , ARGUS Asset Management, and ARGUS Valuation - Capitalization A) True B) False - correct answer A) True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. A)True B) False - correct answer A) True In AE, a us er can add over 100 properties into a portfolio. A)True B)False - correct answer A)True Which is a benefit to utilizing a Chart of Acco...

ARGUS Certification Test 1. Once a Property Asset Type is selected it cannot be changed - False 2. The Analysis Begin Date defaults to the current Month and Year - True 3. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. What dollar amount should be entered in the Amount1 field? (no commas) - 100000 4. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. What will be the actual expense on the Cash Flow for CAM (no commas...

ARGUS Certification Practice Test True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. - True In AE, a user can add over 100 properties into a portfolio. - True Which is a benefit to utilizing a Chart of Accounts? a) Easier to track Revenues/Expenses b) Standa...

Argus Exam 1 Study Set with Latest Questions and Expert Answers-2024 What type of recovery method do retail tenants usually have? ANSWER Net; retail tenants primarily reimburse net operating expenses. When calculating a Market Leasing profile w/ the Upon Expiration set to renew, Argus assumes: ANSWER 100% renewal The Upon Expiration field within the market leasing profile allows us to select any overrides for past terms ANSWER FALSE When you have one-time increase, or an increase that hap...

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 Perc...

Once a Property Asset Type is selected it cannot be changed T/F? ANSWER: False The Analysis Begin date defaults to the current Month and Year T/F? ANSWER: True Which section in the Navigation Pane allows users to update a variety of different settings ranging from Managing Users to Data Import Validation Rules to Report Settings? A) Property Portfolios B) Global Categories C) Help D) Control Panel ANSWER: D Which of the Portfolio Application Tabs is best described by the follow...

Expense amount on cash flow ANSWER: (Expense Amt x % Fixed) + (Expense Amt x % Variable x % Occupied) Reimbursable expenses ANSWER: expenses a property owner will recover from tenants. Includes CAM, Taxes, Insurance and Repairs Recent Properties ANSWER: -included in navigation pane -allows user to see up to 10 most recent Argus files Global Categories ANSWER: -in navigation pane, includes: 1. Manage Indices 2. Manage Inflation Rates 3. Manage Classifications 4. Manage Currencie...