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BOMI International RPA Capstone Experience Sample Questions:

1. What is the process used to break down a lease into its specific parts to discover any lease components that have an effect on base rent and the rental stream?

A) Lease abstract
B) Leasing plan
C) Location analysis
D) Lease buyout

2. A building owner and general contractor sign a contract to build an addition to a retail shopping center. Both parties agree to include a provision that specifies an amount of money to be paid by one party that is in material breach to the other party. This provision is often used when the sum of damages is difficult to predict in advance of contract execution. What is this provision called?

A) Liquidated damages
B) Expectation damages
C) Consequential damages
D) Restitution

3. An experienced property manager has just begun a job at an asset management firm. This manager wants to focus on safety and create a program that can identify and prevent unsafe practices which can include unsafe wiring, flammable liquids, and boxes stacked too close to sprinklers. What type of program BEST meets this goal?
Options:

A) Loss reduction
B) Risk transfer
C) Loss prevention
D) Separation of loss exposures

4. What type of heat transfer occurs between two separate surfaces as a result of electromagnetic radiation?

A) Conduction
B) Convection
C) Thermal
D) Latent

5. 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) Claim
B) Insurance binder
C) Certificate of insurance (COI)
D) Endorsement

Solutions: