[Dec 27, 2025] Free BI-RPACS CAP-2101-20 Exam Question [Q60-Q76]

NEW QUESTION 60
An investment firm recently purchased an office building and hired a property manager to operate the building. The property manager is evaluating whether to recommend replacement of single-pane windows with new energy-efficient windows for the entire building. The investment firm’s desired rate of return is
12.5%, the project will cost $1,250,000, and the property manager estimates that the new windows will save
$125,000 in energy costs per year.
What is the payback period, and how much will the value of the building increase if the project is implemented?

The payback period is 10 years, and the increase in value is $156,250.

The payback period is 10 years, and the increase in value is $1,000,000.

The payback period is 12.5 years, and the increase in value is $15,625.

The payback period is 12.5 years, and the increase in value is $1,000,000.

NEW QUESTION 61
A property manager is evaluating vendors, suppliers, and contractors to perform routine building maintenance operations. Which of the following is MOST important when choosing between competing proposals?

Consider prior work relationship.

Develop a spreadsheet to compare proposals.

Retain current contractor if prices remain flat.

Select lowest cost option.

NEW QUESTION 62
A property management team was just hired to manage a property on behalf of a new client. After the team gathers data, such as long-term capital goals, leasing goals, and ownership goals, what is the BEST course of action to proceed?
Options:

Summarize in a certified letter with read receipt.

Summarize in a memo to ownership.

Summarize information to property management leadership.

Summarize information to property management team.

NEW QUESTION 63
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?

Errors and omissions clause

Hold-harmless clause

Mutual indemnification clause

Mutual waiver of subrogation clause

NEW QUESTION 64
A property manager is evaluating the financial performance of their portfolio. There are various ways to evaluate performance, but they will begin with evaluating actual operations and budgeted projections. The property manager requested that any difference greater than $5,000 or 5% of the budgeted amount must be explained. Which standard performance comparisonBESTdescribes this step?

Budget comparison and variances

Industry comparisons

Market comparable

Prior year comparisons

NEW QUESTION 65
Which of the following is MOST likely categorized as a manager of technical professionals?

Chief engineer

Head day porter

Security director

Stand-by elevator mechanic

NEW QUESTION 66
A yoga studio rents a space in a building and their lease is coming to an end. Originally, the studio paid base rent covering all charges owed. However, with the installment of their new showering space, the maintenance and bill has increased significantly. The property manager wants to adjust the rent to cover the increased expenses. Which type of lease wouldBESTsuit this change?

Gross lease

Modified gross lease

Single-net lease

Triple-net (NNN)

NEW QUESTION 67
A high credit tenant desires to give back several thousand feet of space due to corporate downsizing. The tenant’s lease is still in effect for six additional years, and the property manager has no contractual obligation to take back the space. What is the landlord’sBESToutcome?

Assignment

Condemnation

Sublease

Subordination

NEW QUESTION 68
The risk management process is designed to prevent a loss from occurring or to minimize the consequences of a loss after an incident has occurred.
Which of the following are the threePRIMARYclassifications of loss exposures?

Capital losses, operating losses and liability losses

Contract losses, personnel losses and force majeure losses

Insurance losses, lien losses and title losses

Liability losses, personnel losses and property losses

NEW QUESTION 69
Which of the following would be the most effective risk management tool for mitigating potential injury claims in a multi-tenant office building?

Ensuring that the building’s insurance policy covers liability for tenant injuries.

Conducting monthly safety inspections and addressing any hazards immediately.

Requiring all tenants to purchase their own liability insurance.

Reducing the cost of maintenance services to cut expenses.

NEW QUESTION 70
A property manager is performing a risk assessment of a business continuity plan. What type of plan is a business continuity plan?

Backup plan

Disaster plan

Emergency plan

Service plan

NEW QUESTION 71
A landlord operates a business incubator with private offices and shared amenity areas. In the past, a handful of tenants have exclusively occupied the amenity spaces on such a frequent basis that other tenants have been unable to access them. What type of provision can the landlord include in its leases to describe acceptable utilization of leased premises and common areas?

Force majeure clause

Landlord indemnification clause

Use clause

Waiver of subrogation clause

NEW QUESTION 72
A property manager has been given the responsibility for hiring and managing a leasing team. Which of the following is the MOST important to improve leasing outcomes?

Determine an appropriate compensation structure.

Monitor performance and report to ownership.

Provide an adequate budget for marketing materials.

Set obtainable goals.

NEW QUESTION 73
A building manager for a large financial center is tasked with procuring a full elevator maintenance contract.
Which of the following statementsBESTdescribes the purpose of obtaining a full maintenance contract for elevators?

To maximize budget savings

To minimize parts and labor costs

To prevent elevator problems

To share liability in accident claims

NEW QUESTION 74
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?

Formally require employees and contractors to fill out hazard surveys on an annual basis.

Informally poll contractors before they begin tenant improvement projects.

Periodically conduct ad-hoc visual inspections of mechanical rooms to find electrical hazards.

Systematically and frequently gather information from workers both verbally and in writing.

NEW QUESTION 75
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?

Construction management-at-risk

Design-bid-build

Design-build

Multiple prime contracts

NEW QUESTION 76
A property manager is tasked with reducing the energy consumption of a commercial building. Which of the following is the most effective first step in achieving this goal?

Perform a comprehensive energy audit and implement cost-effective recommendations.

Ask tenants to lower their use of electricity during peak hours.

Increase the building’s electricity usage to take advantage of economies of scale.

Install solar panels on the roof without evaluating current energy use.

[Dec 27, 2025] Free BI-RPACS CAP-2101-20 Exam Question [Q60-Q76]

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