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Real BOMI International CAP-2101-20 Exams & Latest Real CAP-2101-20 Exam

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BOMI International RPA Capstone Experience Sample Questions (Q29-Q34):

NEW QUESTION # 29
A tenant has filed a claim against a property management company's architect, alleging financial loss suffered as a result of non-performance on a space design contract. Which of the following insurance policiesBEST protects the architect from this claim?

A. Fiduciary liability insurance
B. Employee benefits liability insurance
C. Professional liability insurance
D. Employment practices liability insurance

Answer: C

Explanation:
Professional liability insurance(also known as errors and omissions insurance) protects professionals like architects from claims of negligence, mistakes, or failure to perform services as promised in a contract. This makes it the best protection against claims related to professional work performance.

NEW QUESTION # 30
An investment firm has hired a third-party property manager to oversee a multi-tenant building with many tenants who are delinquent in payingrent. Which of the following strategies is MOST important to ensure successful revenue collection from tenants?

A. Referring all collections efforts to legal counsel before contacting each tenant
B. Advising the investment firm that the role of a property manager does not include rent collection
C. Uniform collection policy and persistent collection efforts by the property manager
D. Custom collection policy tailored to each tenant and periodic emails from the property manager

Answer: C

NEW QUESTION # 31
An asset manager has requested the assistance of a property manager with financial analysis of a potential property acquisition. The asset manager wants to know the estimated annual net operating income (NOI) that the property will contribute to the portfolio. Which of the following reports isMOSThelpful for the asset manager?

A. Rent roll
B. Pro forma
C. Budget reconciliation
D. Funds from operation (FFO)

Answer: B

Explanation:
Thepro formais a financial report used to estimate the future income, expenses, and operating costs, including the projected net operating income (NOI) for a property. It would be the most useful for estimating the annual NOI that will contribute to the portfolio.

NEW QUESTION # 32
Which of the following is LEAST likely to be an asset manager's responsibility?

A. Overseeing property managers
B. Developing an asset plan
C. Drafting preventative maintenance schedules
D. Making property financing recommendations

Answer: C

NEW QUESTION # 33
A new tenant will be paying for 100% of its improvement costs. The property manager wants to recommend a project delivery method that combines the planning and construction phases and encourages collaboration. Which of the following project delivery methods BEST aligns with these objectives?

A. Design-bid-build
B. Construction management-at-risk
C. Design-build
D. Multiple prime contracts

Answer: C

Explanation:
Analysis:
* A. Construction management-at-risk- Offers some collaboration, but design and construction are still typically handled separately.
* B. Design-bid-build- A linear approach withseparatedesign and construction phases.Not collaborative
.
* C. Design-build-#Combines design and constructionunder one contract, streamlining planning and execution, andfosters collaborationbetween parties. Ideal for tenant-funded projects.
* D. Multiple prime contracts- Adds complexity and coordination challenges, which isnot idealfor tenant-funded improvements.

NEW QUESTION # 34
......

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