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Master BOMI International CAP-2101-20 Exam Topics
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BOMI International RPA Capstone Experience Sample Questions (Q49-Q54):
NEW QUESTION # 49
Property managers work under the direction of an asset manager. Which of the following is the core task of every asset manager?
- A. Determination of highest and best use
- B. Identification of capital sources
- C. Assembly of a property team
- D. Preservation and creation of value
Answer: D
Explanation:
The core task of an asset manager is topreserve and create valuefor the property or investment. This involves strategic management, increasing property value, optimizing income, and ensuring long-term profitability, which is the essence of asset management.
NEW QUESTION # 50
A property manager is reviewing the annual operating budget for a commercial office building. The building's budget for energy costs is projected to be $200,000, but actual expenses for the year were $250,000. What action should the property manager take to address this overage?
- A. Reallocate the overage from the building's capital improvements budget.
- B. Reduce the property's reserve fund to cover the additional costs.
- C. Report the overage in the monthly financial statement and recommend a review of energy efficiency measures.
- D. Ignore the overage, as it was within the allowable 10% variance.
Answer: C
NEW QUESTION # 51
Which of the followingBESTdescribes an obligation of the tenant under a lease?
- A. Duty to disclose concealed dangerous conditions
- B. Covenant of possession
- C. Duty to care for the leased property
- D. Covenant of quiet enjoyment
Answer: C
Explanation:
While options A and B are obligations of thelandlord, thetenantis responsible for maintaining the property in a reasonable condition and avoiding damage beyond normal wear and tear. Therefore, theduty to care for the leased propertybest represents a tenant's obligation under a lease.
NEW QUESTION # 52
If the property manager fails to regularly maintain and review water treatment reports and there is an increase in mineral saturation combined with high pH, what potential water use problem can occur?
- A. Micro-bacterial growth
- B. Dissolved solids
- C. Scale
- D. Corrosion
Answer: C
Explanation:
Analysis:
* High mineral saturation + high pHtypically leads toprecipitation of minerals.
* This causesdeposits(such as calcium or magnesium) to build up in water systems, pipes, or equipment
- commonly referred to asscale.
* Corrosionis usually linked tolow pHor acidic conditions.
* Micro-bacterial growthis influenced more by temperature and disinfection levels.
* Dissolved solidsare a condition, not a problem - scale is the problem caused by them under these conditions.
NEW QUESTION # 53
A tenant in a multi-story, multi-tenant office building has requested dock access for furniture moving. Which item should the property manager request of the tenant's contractor before work begins?
- A. Waiver of restoration
- B. Right of entry
- C. Performance bond
- D. Certificate of insurance (COI)
Answer: D
Explanation:
ACertificate of Insurance (COI)verifies that the contractor has the necessary liability and workers' compensation coverage. This protects the property owner and other tenants in the event of damage or injury during the move, making it a standard requirement before allowing contractor access.
NEW QUESTION # 54
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