BOMI International CAP-2101-20 Practice Verified Answers - Pass Your Exams For Sure! [2025]
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NEW QUESTION # 32
A newly hired property manager is working on completing several employee reviews and knows there are several ways this can be accomplished. The reviewer would like to assess the employees based on quality of work and job knowledge. Which of the following is theBESTway to accomplish this?
- A. Graphic-rating scale
- B. Critical incident
- C. Checklist method
- D. Behaviorally anchored rating scale (BARS)
Answer: D
Explanation:
TheBehaviorally Anchored Rating Scale (BARS)is thebestmethod for evaluating employees on qualitative factors like job knowledge and quality of work. It combines elements of quantitative ratings and qualitative examples, offering clear, behavior-based descriptions for each level of performance, which helps reduce bias and improve review accuracy.
NEW QUESTION # 33
A property manager in a disaster-prone area wants to ensure business continuity during an emergency. What is one of theBESTways for the manager to mitigate downtime if many of the resources inside the disaster zone are not available during the crisis?
- A. Develop relationships with vendors outside of the immediate area.
- B. Develop relationships with large contractors in the immediate area.
- C. Develop relationships with property management companies in theimmediate area.
- D. Develop relationships with buildings outside of the immediate area.
Answer: A
Explanation:
In a disaster scenario, local vendors may be unavailable or overwhelmed.Vendors outside the immediate areaare more likely to be operational and accessible, making them critical to maintaining services and minimizing downtime during a crisis.
NEW QUESTION # 34
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. Engineering
- B. Zoning
- C. Structural
- D. Building
Answer: B
Explanation:
Zoning codesmust be addressedfirstbecause they determine whether the proposed use, height, and location of a building are legally permitted on a particular parcel of land. If the building doesn't comply with zoning regulations, other code considerations like structural or engineering won't matter until zoning is resolved.
NEW QUESTION # 35
According to the new Building Owners and Managers Association (BOMA) system of space measurement, which of the following items on the vacant floor are considered building common and prorated to all tenants?
Options:
- A. 20,000 square feet of raised flooring
- B. 21,000 square feet of secured data room
- C. 2,000 square feet of restrooms
- D. 30,000 square feet of vacant space
Answer: C
Explanation:
Under theBOMA standard,"building common areas"are spaces that:
* Serve all tenants (e.g., lobbies, public corridors, restrooms),
* Arenotusable solely by one tenant, and
* Areprorated across all tenantsbased on rentable square footage.
Let's analyze each option:
* A. 2,000 square feet of restrooms#Correct.Restrooms arebuilding common areasand shared by all tenants. BOMA defines such areas as common and therefore prorated.
NEW QUESTION # 36
In addition to standard commercial liability insurance, a lease requires auto coverage for tenant-owned vehicles that are parked on the property. Which document describes how the auto insurance will be added to the commercial liability coverage?
Options:
- A. Endorsement
- B. Certificate of insurance (COI)
- C. Claim
- D. Insurance binder
Answer: A
NEW QUESTION # 37
A real estate services company has just been hired to provide property management services for a high- rise office building. As the property manager assigned to the building, what report should be created that incorporates the owner's objectives into a plan to operate the property?
- A. Narrative appraisal report
- B. Asset management plan
- C. Pro forma
- D. Building commissioning report
Answer: B
NEW QUESTION # 38
A property management team was assigned a multi-tenant office building. The team wants to keep track of which suites on each floor are occupied and vacant. Which type of report shows where tenants are located throughout the building and which spaces are vacant?
- A. Floor plan
- B. Stacking plan
- C. Rent roll
- D. Tenant profile
Answer: B
NEW QUESTION # 39
Which of the following is considered a "controllable" operating expense?
- A. Property taxes
- B. Energy cost
- C. Vendor contracts
- D. Property insurance
Answer: C
Explanation:
Acontrollable operating expenserefers to costs that a property manager has the ability to influence or control.
Vendor contractsfall into this category because a property manager can negotiate rates or change service providers. On the other hand, property insurance, energy costs, and property taxes are typically less controllable.
NEW QUESTION # 40
Which of the following is required before a vendor invoice can be paid?
- A. Sufficient funds
- B. Tenant satisfaction
- C. Purchase order
- D. Property manager approval
Answer: D
Explanation:
Before a vendor invoice can be paid,property manager approvalis typically required to verify that the goods or services were delivered satisfactorily and that the invoice is accurate. This step ensures financial control and accountability in property management operations.
NEW QUESTION # 41
An investment firm recently purchased an office building and hired a property manager to operate the building. The property manager is evaluating whether to recommend replacement of single-pane windows with new energy-efficient windows for the entire building. The investment firm's desired rate of return is
12.5%, the project will cost $1,250,000, and the property manager estimates that the new windows will save
$125,000 in energy costs per year.
What is the payback period, and how much will the value of the building increase if the project is implemented?
- A. The payback period is 10 years, and the increase in value is $156,250.
- B. The payback period is 12.5 years, and the increase in value is $1,000,000.
- C. The payback period is 12.5 years, and the increase in value is $15,625.
- D. The payback period is 10 years, and the increase in value is $1,000,000.
Answer: B
NEW QUESTION # 42
Which of the following entities isMOSTlikely to be omitted from a standard property insurance policy?
- A. The named insured
- B. Mortgagees
- C. Adjacent property owners
- D. The property manager
Answer: C
Explanation:
Astandard property insurance policytypically covers thenamed insured(the property owner),mortgagees, andproperty managersif they are added as additional insureds.Adjacent property ownersare less likely to be included in the policy unless specifically added, as they have no direct ownership or stake in the insured property.
NEW QUESTION # 43
A yoga studio rents a space in a building and their lease is coming to an end. Originally, the studio paid base rent covering all charges owed. However, with the installment of their new showering space, the maintenance and bill has increased significantly. The property manager wants to adjust the rent to cover the increased expenses. Which type of lease wouldBESTsuit this change?
- A. Triple-net (NNN)
- B. Modified gross lease
- C. Gross lease
- D. Single-net lease
Answer: B
Explanation:
Amodified gross leaseallows flexibility by letting landlords shift certain operating expenses (e.g., maintenance, utilities) to tenants while keeping a base rent. It's ideal when expenses increase due to tenant- specific changes like new amenities. This setup benefits both parties and is thebestoption for adapting to increased costs.
NEW QUESTION # 44
What is the FIRST step in the Plan-Do-Check-Act (PDCA) continuous improvement process as it relates to maintaining compliance with sustainability certifications and related legal requirements?
- A. Develop a series of steps to mitigate the issue using the certification system or legal compliance.
- B. Apply on a larger scale throughout the building if the implementation has been successful.
- C. Assess the effectiveness of the strategy that has been developed and implemented.
- D. Identify an environmental problem in the building that can be mitigated by compliance.
Answer: D
Explanation:
Analysis:
ThePDCA cyclestands for:
* Plan- Identify a problem or opportunity and plan a change.
* Do- Implement the change on a small scale.
* Check- Measure and assess the results.
* Act- If successful, implement on a larger scale or adjust as needed.
So, thefirst stepis toidentify the issuethat needs improvement - in this context, an environmental issue related to compliance.
NEW QUESTION # 45
A property manager is evaluating vendors, suppliers, and contractors to perform routine building maintenance operations. Which of the following is MOST important when choosing between competing proposals?
- A. Consider prior work relationship.
- B. Retain current contractor if prices remain flat.
- C. Select lowest cost option.
- D. Develop a spreadsheet to compare proposals.
Answer: D
Explanation:
#Analysis:
* A.Prior work relationships are helpful but may introduce bias or overlook better proposals.
* B.#Creating acomparison spreadsheetallows for a structured, objective evaluation of key proposal elements like cost, scope, quality, and experience.
* C.Automatically retaining a contractor maymiss out on better offersor improvements in service.
* D.Selecting the lowest cost without full analysis risks sacrificingquality and value.
NEW QUESTION # 46
Property managers work under the direction of an asset manager. Which of the following is the core task of every asset manager?
- A. Assembly of a property team
- B. Determination of highest and best use
- C. Preservation and creation of value
- D. Identification of capital sources
Answer: C
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 # 47
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. Disaster plan
- C. Service plan
- D. Emergency plan
Answer: B
Explanation:
Abusiness continuity planis a type ofdisaster plandesigned to ensure that essential business functions can continue during and after a major disruption (such as a natural disaster or system failure). It focuses on minimizing downtime and maintaining operations.
NEW QUESTION # 48
A property manager is tasked with reducing the energy consumption of a commercial building. Which of the following is the most effective first step in achieving this goal?
- A. Perform a comprehensive energy audit and implement cost-effective recommendations.
- B. Increase the building's electricity usage to take advantage of economies of scale.
- C. Install solar panels on the roof without evaluating current energy use.
- D. Ask tenants to lower their use of electricity during peak hours.
Answer: A
NEW QUESTION # 49
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