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Exclusive CAP-2101-20 Exam Questions And CAP-2101-20 Dumps For The 2025 Exam
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BOMI International RPA Capstone Experience Sample Questions (Q126-Q131):
NEW QUESTION # 126
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
Answer: B
Explanation:
Amutual waiver of subrogation clauseensures that both parties' insurance companies will not pursue recovery from each other in the event of a claim, even if one party is at fault. This clause is common in commercial leases to prevent insurance disputes between the landlord and tenant.
NEW QUESTION # 127
Which type of lease is MOST likely to be executed between the lessor and the law enforcement agency?
- A. Ground
- B. Percentage
- C. Triple-net (NNN)
- D. Gross
Answer: D
Explanation:
Based on the Scenario:
From the scenario:
"The owner pays all operating expenses."
This is a key indicator of aGross Lease, where:
* Thelandlord paysfor taxes, insurance, and maintenance (i.e., operating expenses).
* Thetenant pays a fixed rent, with no variable expenses added.
Also:
* Alaw enforcement agencyis agovernmental/office-type tenant, and such tenants typically prefergross leasesfor budgeting simplicity.
* Ground leasesinvolve land use and construction - not applicable here.
* Percentage leasesare used in retail, where rent is based on sales - not applicable.
* Triple-net (NNN)leases require the tenant to pay operating costs - opposite of what the scenario states.
NEW QUESTION # 128
A job hazard analysis (JHA) is a way to identify and correct workplace hazards before incidents occur.
Which of the following is the MOST effective and comprehensive strategy for implementing JHA analyses to prepare for corrective action?
- A. Informally poll contractors before they begin tenant improvement projects.
- B. Periodically conduct ad-hoc visual inspections of mechanical rooms to find electrical hazards.
- C. Systematically and frequently gather information from workers both verbally and in writing.
- D. Formally require employees and contractors to fill out hazard surveys on an annual basis.
Answer: C
Explanation:
Analysis:
To beeffective and comprehensive, a JHA strategy must be:
* Proactive
* Ongoing(not just once per year)
* Inclusiveof all types of input (verbal, written)
* Systematic, not ad-hoc or informal
NEW QUESTION # 129
A landlord has hired an electrician to rewire a vacant floor in an office building. Before work can commence, the property manager wants to verifythat the contractor has liability coverage for their negligent acts. Which of the followingMOSTaccurately describes this type of coverage?
- A. General commercial liability insurance
- B. Fire damage insurance
- C. Personal liability insurance
- D. Workers' compensation insurance
Answer: A
Explanation:
General commercial liability insuranceprovides coverage for bodily injury, property damage, and negligent acts caused by contractors while performing their work. It is themost accurate and appropriate coverageto protect against claims resulting from a contractor's mistakes or accidents during a project.
NEW QUESTION # 130
Which of the requested renovations is categorized as tenant improvements?
- A. Restrooms
- B. Lobby
- C. Windows
- D. Access control system
Answer: D
Explanation:
From the Scenario:
The scenario mentions:
"The potential occupant will require secured access to their space at all times."
"The potential occupant would like to have the windows restored and two sets of public restrooms totaling
2,000 square feet."
Now let's evaluate:
* A. Access control system-Requested by thetenantfor theirexclusive use. This is a typicaltenant improvement.
Scenario 2
A real estate partnership recently purchased a new property for its portfolio. The property was developed in the 1980s and has not since had a major renovation. It is a200,000 square foot, three-story office building.
When built, it was aClass A suburban office buildingin a strong market in one of the nicer business parks in the city.
The partnership typically purchases buildings that are in need of repairs and upgrades. The partnership is focused onsustainability and energy savings. The partnership staff, including asset management, accounting, and finance, are located1,000 miles away. This is the partnership'sfirst purchase in this marketplace.
During due diligence, the partnership found records were not as complete as expected. There are a variety of lease types, although they all have strong terms and conditions for lease renewals, including exceptions for tenant default. It is the new owner's preference totransition the building to a triple-net (NNN)lease structure. All leases and addenda, past rent rolls, financials, and operating reports are available for inspection and review.
The property is70% occupied, and25% of the building is up for renewal during the next two years. An appraisal report shows thecapitalization ratefor the market for this type of property is6.5%. The property manager has been asked to prepare anincome projectionfor the coming budget year.
The building has many needs in order to return to its former position in the marketplace, which includes energy and sustainability upgradesusing modern technology.
NEW QUESTION # 131
......
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