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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. A property management team was just hired to manage a property on behalf of a new client. After the team gathers data, such as long-term capital goals, leasing goals, and ownership goals, what is the BEST course of action to proceed?
Options:

A) Summarize information to property management team.
B) Summarize in a certified letter with read receipt.
C) Summarize information to property management leadership.
D) Summarize in a memo to ownership.

2. A yoga studio rents a space in a building and their lease is coming to an end. Originally, the studio paid base rent covering all charges owed. However, with the installment of their new showering space, the maintenance and bill has increased significantly. The property manager wants to adjust the rent to cover the increased expenses. Which type of lease wouldBESTsuit this change?

A) Modified gross lease
B) Triple-net (NNN)
C) Single-net lease
D) Gross lease

3. A high credit tenant desires to give back several thousand feet of space due to corporate downsizing. The tenant's lease is still in effect for six additional years, and the property manager has no contractual obligation to take back the space. What is the landlord'sBESToutcome?

A) Condemnation
B) Sublease
C) Subordination
D) Assignment

4. Property managers work under the direction of an asset manager. Which of the following is the core task of every asset manager?

A) Identification of capital sources
B) Assembly of a property team
C) Preservation and creation of value
D) Determination of highest and best use

5. Which time frameBESTreflects the budget reporting frequency required by most building owners?

A) Quarterly
B) Semi-annually
C) Annually
D) Monthly

Solutions: