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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. A tenant in a commercial building is considering moving to a competitor's property. Which of the following strategies would be most effective in encouraging the tenant to remain in the building?

A) Offer a rent reduction or financial incentive.
B) Inform the tenant that no changes can be made to their lease terms.
C) Improve the building's amenities and offer custom space improvements.
D) Allow the tenant to sublease without any restrictions.

2. A property manager is determining how much to lease their newly vacant space for. The manager has compiled data from neighboring buildings about their rents, vacancy, amenities, and absorption. The manager should use this data to create what kind of report?

A) Logistics assessment
B) Market comparable
C) Property assessment
D) Building analysis

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

4. An investment firm has hired a third-party property manager to oversee a multi-tenant building with many tenants who are delinquent in payingrent. Which of the following strategies is MOST important to ensure successful revenue collection from tenants?

A) Uniform collection policy and persistent collection efforts by the property manager
B) Referring all collections efforts to legal counsel before contacting each tenant
C) Advising the investment firm that the role of a property manager does not include rent collection
D) Custom collection policy tailored to each tenant and periodic emails from the property manager

5. A property manager received a call from their asset manager quest-ioning the completion of the installation, as well as the processing and payment of the invoice, for a chiller rebuild. What is the name of the comprehensive documentation process that the property manager followed?

A) Audit trail
B) Transaction documentation
C) Project tracking
D) Financial auditing

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