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BOMI International RPA Capstone Experience Sample Questions:

1. 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

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

3. 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) Expectation damages
B) Restitution
C) Liquidated damages
D) Consequential damages

4. 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) Asset management plan
B) Building commissioning report
C) Pro forma
D) Narrative appraisal report

5. During an emergency situation of a high-rise, the property manager is directed by the fire chief that a complete building evacuation is required. What type of evacuation isMOSTlikely to be used?

A) Rapid evacuation
B) Accelerated evacuation
C) Zone evacuation
D) Phased evacuation

Solutions: