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BOMI International RPA Capstone Experience Sample Questions:

1. A property manager is working on constructing a new building that has a proposed height of one hundred feet.
Which of the following codes should the managerFIRSTaddress to get the building built?

A) Building
B) Zoning
C) Structural
D) Engineering

2. A tenant has filed a claim against a property management company's architect, alleging financial loss suffered as a result of non-performance on a space design contract. Which of the following insurance policiesBEST protects the architect from this claim?

A) Fiduciary liability insurance
B) Employee benefits liability insurance
C) Employment practices liability insurance
D) Professional liability insurance

3. 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) 15 percent
B) 17.65 percent
C) 0.85 percent
D) 1.50 percent

4. The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:

A) Host a broker open house to introduce the partnership's plans for the building.
B) Open the building to public tours to display ideas and encourage feedback.
C) Place an advertisement in the local business press detailing the intentions of the partnership.
D) Enroll the building in the EPA's Energy Star Program to validate the building's energy efficiency.

5. A property manager is performing a risk assessment of a business continuity plan. What type of plan is a business continuity plan?

A) Backup plan
B) Service plan
C) Emergency plan
D) Disaster plan

Solutions: