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BOMI International RPA Capstone Experience Sample Questions:

1. Which of the following options MOST accurately describes industry best practices for maintenance programs?

A) Follow third-party vendor-recommended maintenance procedures, schedule periodic inspections, and maintain cursory notes of maintenance procedures.
B) Follow in-house maintenance procedures, schedule property inspections on an ad hoc basis, and maintain written records in any format they choose.
C) Follow local building code, periodically inspect the property, and contact the asset manager if there are problems.
D) Follow manufacturer-recommended preventive maintenance procedures, schedule regular inspections, and maintain written records.

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

3. Which of the following is required under the Americans with Disabilities Act (ADA) for a commercial building?

A) Elevators must be available in all buildings above three floors.
B) Restrooms must be accessible, but only on the ground floor.
C) A ramp must be installed if there are more than three steps at the building's entrance.
D) All signage must be in Braille, regardless of the size of the building.

4. An asset manager has been assigned the task of reviewing lease agreements for a portfolio of buildings that a client may acquire. All buildings are multi-tenant properties with low vacancy rates. What process should the asset manager use to verify tenant lease information and identify lease modifications that may impact acquisition price and transaction risk?

A) Appraisal
B) Lease abstracting
C) Asset management plan
D) Pro forma

5. A property manager has been given the responsibility for hiring and managing a leasing team. Which of the following is the MOST important to improve leasing outcomes?

A) Set obtainable goals.
B) Determine an appropriate compensation structure.
C) Monitor performance and report to ownership.
D) Provide an adequate budget for marketing materials.

Solutions: