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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. Which of the followingBESTdescribes an obligation of the tenant under a lease?

A) Duty to disclose concealed dangerous conditions
B) Duty to care for the leased property
C) Covenant of possession
D) Covenant of quiet enjoyment

2. Which of the following is considered a "controllable" operating expense?

A) Energy cost
B) Property taxes
C) Property insurance
D) Vendor contracts

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

4. A property manager is reviewing the annual operating budget for a commercial office building. The building's budget for energy costs is projected to be $200,000, but actual expenses for the year were $250,000. What action should the property manager take to address this overage?

A) Ignore the overage, as it was within the allowable 10% variance.
B) Reallocate the overage from the building's capital improvements budget.
C) Reduce the property's reserve fund to cover the additional costs.
D) Report the overage in the monthly financial statement and recommend a review of energy efficiency measures.

5. Which time frameBESTreflects the budget reporting frequency required by most building owners?

A) Quarterly
B) Annually
C) Monthly
D) Semi-annually

Solutions: