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BOMI International RPA Capstone Experience Sample Questions:

1. A property manager must prepare the annual budget to review current rents, increases, and lease expiration dates. As the property manager, they want to prepare the budget by looking up tenant names, suite numbers, square footage, and other physical details. Which document should the manager use to compare information with an easy-to-read overview of the property and its tenants?

A) Rent roll
B) Delinquency report
C) Pro forma
D) Vacancy report

2. In reviewing the due diligence information, the property manager notices that tenants are on a variety of lease types. Which is the MOST effective approach for the property manager with respect to the current leases?

A) Review leases with each tenant and explain that the property now has a triple-net (NNN) lease structure.
B) Require each tenant to sign a new lease from the new owner to create conformity.
C) Adhere to the terms in the current leases.
D) Hire an attorney to write a special lease rider to make leases uniform.

3. Which initial action MOST supports the partnership's sustainability goals for the building?
Options:

A) Recommission the building.
B) Conduct a property condition assessment.
C) Conduct an American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) Level 1 assessment.
D) Reduce operating hours.

4. A property management team was assigned a multi-tenant office building. The team wants to keep track of which suites on each floor are occupied and vacant. Which type of report shows where tenants are located throughout the building and which spaces are vacant?

A) Rent roll
B) Stacking plan
C) Floor plan
D) Tenant profile

5. A property manager is looking to select an elevator service contractor. The property manager is concerned with needing emergency maintenance on weekends. Which assessment criteria would the property manager need to further consider in the selection process?

A) Technical expertise
B) Sufficient workforce
C) Facility inventory
D) Financial soundness

Solutions: