BOMI International CAP-2101-20 Exam Questions : RPA Capstone Experience

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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. In semi gross and net leases, a landlord implements an additional rent clause to recapture the increased cost of operating the building. What may be another reason for additional rent clause?

A) Allow landlord to collect late fees.
B) Maintain the equity value of the base rent dollar.
C) Hedge against inflation.
D) Ensure the property is well-maintained.

2. A property management team was assigned a multi-tenant office building. The team wants to keep track of which suites on each floor are occupied and vacant. Which type of report shows where tenants are located throughout the building and which spaces are vacant?

A) Tenant profile
B) Floor plan
C) Rent roll
D) Stacking plan

3. A property manager was recently hired to oversee a portfolio of properties. The property manager would like to become familiar with the terms of the leases and is reviewing the lease abstracts for this information. The previous property manager is a former colleague and someone who the current property manager knows quite well. What is best practice when assuming the role of a property manager to determine theMOSTaccurate lease terms?

A) Compare the lease abstract to the lease.
B) Compare the lease to the budget.
C) Compare the lease abstract to the rent roll.
D) Compare the rent roll to the tenant rent invoice.

4. A commercial property was contacted by a governmental agency to schedule an upcoming property inspection. What is theMOSTappropriate way for the property manager to prepare for the inspection?

A) Prescreen maintenance vendors.
B) Create a tenant organizational chart.
C) Determine a daily staff roster and schedule.
D) Document policies and procedures.

5. The property manager has been tasked to prepare next year's budget by the asset manager.
This is the first assignment given since the acquisition, and the only available information is from the due diligence material described.
Which is the MOST appropriate action for the property manager to take?

A) Obtain the partnership's pro forma budget.
B) Prepare a draft budget to show knowledge of the local market.
C) Determine the partnership's goals, including the expected holding period.
D) Update budgets from prior year.

Solutions: