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BOMI International RPA Capstone Experience Sample Questions:

1. A building owner is preparing space for a new tenant and has selected a preferred contractor. The property manager received an estimate for the construction, agreed on the overhead and profit, and settled on a construction cost. WhichBESTdescribes the process followed?

A) Request for proposal (RFP)
B) Single source
C) Negotiated proposal
D) Competitive bid

2. What is the certification that is essential to marketing a building for sale or lease that requires property managers to first create a baseline to quantify gains in operational efficiency?

A) Building Research Establishment's Environmental Assessment Method (BREEAM)
B) Energy management control system (EMCS)
C) Leadership in Energy and Environmental Design (LEED)
D) Green Seal Certification (GSC)

3. What is the BEST way to identify loss exposures related to a building's mechanical, electrical, and plumbing systems?

A) Physical property inspection
B) Legal document inspection
C) Deed inspection
D) Security inspection

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

5. A landlord and prospective tenant are negotiating the insurance provisions of a commercial office lease. The lease is a triple-net (NNN) agreement, and the landlord will recapture the tenant's pro-rata share of annual property insurance expenses. The landlord and tenant agree to include a clause stipulating that in the event of a property loss, each party will collect from their own respective insurance policies regardless of fault. What is the appropriate term for this clause?

A) Mutual indemnification clause
B) Errors and omissions clause
C) Mutual waiver of subrogation clause
D) Hold-harmless clause

Solutions: