BOMI International CAP-2101-20 Exam : RPA Capstone Experience

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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

Question 1

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. Certificate of insurance (COI)
B. Performance bond
C. Waiver of restoration
D. Right of entry

Question 2

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

Question 3

Which type of lease is MOST likely to be executed between the lessor and the law enforcement agency?

A. Gross
B. Percentage
C. Triple-net (NNN)
D. Ground

Question 4

Which type of report should a property manager use to compare monthly revenue and expenses against budget?

A. Cost recovery report
B. Cash flow report
C. Annual operating budget
D. Variance report

Question 5

A real estate services company wants to obtain additional insurance coverage beyond the limits of its general commercial liability insurance. Which of the followingBESTdescribes the type of insurance that the company should purchase?

A. Combined single limit (CSL) of liability
B. Umbrella liability insurance
C. Incidental malpractice liability insurance
D. Rental reimbursement insurance

Solutions: