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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. A building owner is preparing space for a new tenant and has selected a preferred contractor. The property manager received an estimate for the construction, agreed on the overhead and profit, and settled on a construction cost. WhichBESTdescribes the process followed?

A) Single source
B) Competitive bid
C) Negotiated proposal
D) Request for proposal (RFP)

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

3. The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:

A) Host a broker open house to introduce the partnership's plans for the building.
B) Place an advertisement in the local business press detailing the intentions of the partnership.
C) Open the building to public tours to display ideas and encourage feedback.
D) Enroll the building in the EPA's Energy Star Program to validate the building's energy efficiency.

4. An asset manager has requested the assistance of a property manager with financial analysis of a potential property acquisition. The asset manager wants to know the estimated annual net operating income (NOI) that the property will contribute to the portfolio. Which of the following reports isMOSThelpful for the asset manager?

A) Pro forma
B) Budget reconciliation
C) Rent roll
D) Funds from operation (FFO)

5. An investment firm has hired a third-party property manager to oversee a multi-tenant building with many tenants who are delinquent in payingrent. Which of the following strategies is MOST important to ensure successful revenue collection from tenants?

A) Referring all collections efforts to legal counsel before contacting each tenant
B) Uniform collection policy and persistent collection efforts by the property manager
C) Custom collection policy tailored to each tenant and periodic emails from the property manager
D) Advising the investment firm that the role of a property manager does not include rent collection

Solutions: