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CAP-2101-20 Guide Torrent, Test CAP-2101-20 Assessment

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BOMI International RPA Capstone Experience Sample Questions (Q54-Q59):

NEW QUESTION # 54
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. Employment practices liability insurance
B. Professional liability insurance
C. Fiduciary liability insurance
D. Employee benefits liability insurance

Answer: B

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 # 55
A property manager was recently hired to oversee a portfolio of properties. The property manager would like to become familiar with the terms of the leases and is reviewing the lease abstracts for this information. The previous property manager is a former colleague and someone who the current property manager knows quite well. What is best practice when assuming the role of a property manager to determine theMOSTaccurate lease terms?

A. Compare the rent roll to the tenant rent invoice.
B. Compare the lease to the budget.
C. Compare the lease abstract to the lease.
D. Compare the lease abstract to the rent roll.

Answer: C

Explanation:
The best practice for determining the most accurate lease terms is to compare thelease abstractto thelease itself, as it will provide the most direct and accurate information.

NEW QUESTION # 56
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. Separation of loss exposures
B. Loss reduction
C. Risk transfer
D. Loss prevention

Answer: D

NEW QUESTION # 57
A tenant in a commercial building is considering moving to a competitor's property. Which of the following strategies would be most effective in encouraging the tenant to remain in the building?

A. Offer a rent reduction or financial incentive.
B. Allow the tenant to sublease without any restrictions.
C. Inform the tenant that no changes can be made to their lease terms.
D. Improve the building's amenities and offer custom space improvements.

Answer: D

NEW QUESTION # 58
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. Accelerated evacuation
B. Rapid evacuation
C. Phased evacuation
D. Zone evacuation

Answer: B

Explanation:
In a complete building evacuation, particularly in a high-rise building during an emergency, arapid evacuationis typically the most appropriate method. This ensures that all occupants leave the building as quickly as possible in a coordinated manner to minimize risk.

NEW QUESTION # 59
......

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Dan Ford Dan Ford

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