First-class CAP-2101-20 Exam Dumps supply you high-quality Practice Materials - Actual4Labs
First-class CAP-2101-20 Exam Dumps supply you high-quality Practice Materials - Actual4Labs
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BOMI International RPA Capstone Experience Sample Questions (Q79-Q84):
NEW QUESTION # 79
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. Triple-net (NNN)
- B. Single-net lease
- C. Gross lease
- D. Modified gross lease
Answer: D
Explanation:
Amodified gross leaseallows flexibility by letting landlords shift certain operating expenses (e.g., maintenance, utilities) to tenants while keeping a base rent. It's ideal when expenses increase due to tenant- specific changes like new amenities. This setup benefits both parties and is thebestoption for adapting to increased costs.
NEW QUESTION # 80
A property manager is evaluating the financial performance of their portfolio. There are various ways to evaluate performance, but they will begin with evaluating actual operations and budgeted projections. The property manager requested that any difference greater than $5,000 or 5% of the budgeted amount must be explained. Which standard performance comparisonBESTdescribes this step?
- A. Market comparable
- B. Budget comparison and variances
- C. Prior year comparisons
- D. Industry comparisons
Answer: B
Explanation:
The question describes a comparison betweenactual operations and budgeted projections, with a focus on identifying and explainingdifferences or variances. This is precisely whatbudget comparison and variance analysisis used for - tracking discrepancies between budgeted and actual results.
NEW QUESTION # 81
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 memo to ownership.
- C. Summarize information to property management leadership.
- D. Summarize in a certified letter with read receipt.
Answer: B
NEW QUESTION # 82
There are numerous existing programs that focus on sustainable practices. Which of the following would BEST be utilized in establishing a baseline for an accreditation project?
- A. Environmental Protection Agency (EPA) Energy Star
- B. Building Research Establishment Environmental Assessment Method (BREEAM)
- C. Global Real Estate Sustainability Board (GRESB)
- D. Leadership in Energy and Environmental Design (LEED)
Answer: D
Explanation:
Analysis:
* A. BREEAM- A comprehensive sustainability assessment method, butprimarily used in the UK.
* B. EPA Energy Star- Focuses onenergy performance, useful butnot comprehensivefor a full accreditation project baseline.
* C. GRESB- Measuresportfolio-levelsustainability performance, not individual project baselines.
* D. LEED-#A widely recognized framework forgreen building certification, withspecific baseline requirements and scoringsystems. Ideal for establishing a project baseline for accreditation.
NEW QUESTION # 83
Which of the following isLEASTlikely to be collected by a property manager?
- A. Monthly rent
- B. Property tax on tenant fixtures
- C. Operating expense increases
- D. Percentage rent
Answer: B
Explanation:
Property managers typically collectmonthly rent,operating expense increases, andpercentage rentas part of lease agreements. However,property tax on tenant fixturesis usually theresponsibility of the tenantand handled directly with the taxing authority, making it theleast likelyto be collected by the property manager.
NEW QUESTION # 84
......
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