Argus Exam Questions with Complete Solutions
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 - Answer-control panel
Which of the portfolio application tabs is best describe...
Argus Exam Questions with Complete
Solutions
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 -
Answer-control panel
Which of the portfolio application tabs is best described: this application allows users to
create and view analytical charts and graphs based on a combo of properties from the
portfolios - Answer-analysis
Modeling policies - Answer-will allow a user to view and change the options used for
data entry and calculations in this property model
Ground leases - Answer-allows a user to adjust market assumptions for a ground lease,
model valuation and or a discounted cash flow. this is commonly used with traditional
valuation and non freehold tenants
units - Answer-allows a user to easily track inventory, forecast property unit cash flows,
model renewal scenarios for replacement tenants or re-measurements and extract data
necessary for creating stacking plans and other external custom reports
Actuals - Answer-where we can import or manually enter actual expenses incurred by
the property
market tab - Answer-includes all assumptions dealing with inflation, general vacancy,
credit loss, market leasing profiles, market rent categories, free rent, cpi increases,
tenant improvements, lease commissions, rent components, and ranges
inflation rates can be entered as either positive or negative values - Answer-true
how to apply inflation to the first year - Answer-select modeling policies from the ribbon
and activate the allow inflation in year one option
miscellaneous revenue tab - Answer-where you can enter all non-tenant revenue (ex:
roof antenna)
by default what inflation does miscellaneous revenues use - Answer-the general
inflation rate
, vacancy and credit loss - Answer-is the amount of money or percentage of net
operating income that is estimated to not be realized due to non-payment of rents and
vacant units
where is general vacancy and credit loss located - Answer-market tab
general vacancy - Answer-is used to enter the stabilized vacancy rate for the property. it
represents the minimum vacancy loss for the property on a monthly or annual basis
4 general vacancy calculations - Answer-annual amount, % of potential gross revenue,
% of total rental revenue, and % of total tenant revenue
annual amount (general vacancy equation - Answer-general vacancy will take the
amount entered in and spread it evenly over a 12 month period. By clicking on the
ellipsis, it will give the capability to enter specific amounts, by the month, and them
change the inflation associated with the amount
save property to file - Answer-will save an .avux file without saving to the database
check in or check out property - Answer-a user can select either option in order to check
in or check out property models and restrict who can edit them
% of potential gross revenue (general vacancy equation) - Answer-total tenant revenue
+ total other income
% of total rental revenue (general vacancy equation) - Answer-schedule base rent + cpi
increases
% of total tenant revenue - Answer-total tenant revenue + total other tenant revenue
the three check boxes that can affect how general vacancy is calculated - Answer-gross
up revenue by absorption and turnover, reduce general vacancy result by absorption
and turnover, override specified tentants
gross up revenue by absorption and turnover - Answer-provides the ability to add back
the absorption and turnover vacancy, prior to calculation the general vacancy amount
absorption and turnover vacancy - Answer-the projected loss and rental revenue
associated with the speculative lease up of currently vacant space, as well as the
downtime between lease terms associated with tenants moving in and out of the
building
-by adding back the absoprtion and turnover vacancy to the projected revenue, before
calculating general vacancy, ths option results in the general vacancy being calculated
on the potential revenue of the building as if it was 100% occupied
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.39. You're not tied to anything after your purchase.
