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BOMI International RPA Capstone Experience Sample Questions:

1. Current expenses on the property are $1,700,000.
The most recent Experience Exchange Report (EER) for similar properties in the market showsaverage expenses of $10.00 per square foot.
What percent are the expensesbelow the market average?

A) 17.65 percent
B) 0.85 percent
C) 1.50 percent
D) 15 percent

2. The building owner wants to profit $150,000 annually on the prospective lease. What is the minimum lease rate required to meet the owner's objectives?
Options:

A) $13.00 per square foot
B) $7.14 per square foot
C) $14.51 per square foot
D) $15.14 per square foot

3. During an emergency situation of a high-rise, the property manager is directed by the fire chief that a complete building evacuation is required. What type of evacuation isMOSTlikely to be used?

A) Phased evacuation
B) Zone evacuation
C) Accelerated evacuation
D) Rapid evacuation

4. A real estate services company wants to obtain additional insurance coverage beyond the limits of its general commercial liability insurance. Which of the followingBESTdescribes the type of insurance that the company should purchase?

A) Umbrella liability insurance
B) Rental reimbursement insurance
C) Combined single limit (CSL) of liability
D) Incidental malpractice liability insurance

5. A real estate services company has just been hired to provide property management services for a high- rise office building. As the property manager assigned to the building, what report should be created that incorporates the owner's objectives into a plan to operate the property?

A) Building commissioning report
B) Narrative appraisal report
C) Pro forma
D) Asset management plan

Solutions: