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BOMI International RPA Capstone Experience Sample Questions:

1. 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 leadership.
B) Summarize information to property management team.
C) Summarize in a memo to ownership.
D) Summarize in a certified letter with read receipt.

2. As part of the due diligence process for an office building acquisition, an investment firm wants to incorporate information regarding tenant lease terms, rental payments, square footage, and monthly payment due dates into its pro forma analysis. Which type of report wouldBESTsummarize this information for the purchaser?

A) Vacancy report
B) Income statement
C) Balance sheet
D) Roll-up report

3. What is the process used to break down a lease into its specific parts to discover any lease components that have an effect on base rent and the rental stream?

A) Location analysis
B) Lease abstract
C) Lease buyout
D) Leasing plan

4. A property manager has been given the responsibility for hiring and managing a leasing team. Which of the following is the MOST important to improve leasing outcomes?

A) Monitor performance and report to ownership.
B) Set obtainable goals.
C) Provide an adequate budget for marketing materials.
D) Determine an appropriate compensation structure.

5. In semi gross and net leases, a landlord implements an additional rent clause to recapture the increased cost of operating the building. What may be another reason for additional rent clause?

A) Hedge against inflation.
B) Allow landlord to collect late fees.
C) Ensure the property is well-maintained.
D) Maintain the equity value of the base rent dollar.

Solutions: