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BOMI International RPA Capstone Experience Sample Questions:

1. Property managers keep a database of all tenant and property reports. There is a potential tenant looking for a new space in a property manager's building, as well as a current tenant who wants to move into a larger vacant space within the same building. Which reportBESTsupports the property manager's decision based on available square footage, expiration dates, and vacancies?

A) Rent roll
B) Tenant profile
C) Stepped rent report
D) Lease expiration report

2. The owner of a building wants feedback from building occupants regarding building services. What is the MOSTeffective way for the property manager to collect this information?

A) Install a suggestion box in the lobby.
B) Implement a tenant satisfaction program.
C) Conduct a facility condition assessment.
D) Contact tenants on an ad hoc basis.

3. A property manager is evaluating the financial performance of their portfolio. There are various ways to evaluate performance, but they will begin with evaluating actual operations and budgeted projections. The property manager requested that any difference greater than $5,000 or 5% of the budgeted amount must be explained. Which standard performance comparisonBESTdescribes this step?

A) Industry comparisons
B) Market comparable
C) Prior year comparisons
D) Budget comparison and variances

4. A property manager was recently hired to oversee a portfolio of properties. The property manager would like to become familiar with the terms of the leases and is reviewing the lease abstracts for this information. The previous property manager is a former colleague and someone who the current property manager knows quite well. What is best practice when assuming the role of a property manager to determine theMOSTaccurate lease terms?

A) Compare the lease to the budget.
B) Compare the lease abstract to the rent roll.
C) Compare the rent roll to the tenant rent invoice.
D) Compare the lease abstract to the lease.

5. After acquiring a property, what is the BEST way to document a building's physical condition on a daily, monthly, or quarterly basis?

A) Property inspections
B) Work orders
C) Tenant audits
D) Tenant surveys

Solutions: