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BOMI International RPA Capstone Experience Sample Questions (Q87-Q92):

NEW QUESTION # 87
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?

A. Sublease
B. Subordination
C. Assignment
D. Condemnation

Answer: A

Explanation:
Asubleaseallows the tenant to find another party to occupy and pay rent for the unused space while the original tenant remains responsible for the lease. This maintains the landlord's cash flow and lease terms without requiring a new agreement or legal action, making it thebestoutcome for the landlord.

NEW QUESTION # 88
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. Combined single limit (CSL) of liability
B. Incidental malpractice liability insurance
C. Umbrella liability insurance
D. Rental reimbursement insurance

Answer: C

Explanation:
Umbrella liability insuranceprovides additional coverageabove and beyondthe limits of existing policies like general liability insurance. It is specifically designed to extend liability protection, making it the best choice for a company seeking extra coverage beyond standard policy limits.

NEW QUESTION # 89
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 indemnification clause
C. Errors and omissions clause
D. Mutual waiver of subrogation clause

Answer: D

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 # 90
Which of the following government agencies oversees the overland shipping of hazardous materials?

A. Environmental Protection Agency (EPA)
B. Department of Transportation (DOT)
C. Department of Defense (DOD)
D. Occupational Safety and Health Administration (OSHA)

Answer: B

Explanation:
TheDepartment of Transportation (DOT)is responsible for regulating the safe and secure transportation of hazardous materials by land, includingsetting standards for packaging, labeling, and routing. This oversight ensures public and environmental safety during the shipment of such materials.

NEW QUESTION # 91
A construction contractor has been awarded a major renovation project. What will the contractorMOSTlikely be required to provide to the property manager before proceeding?

A. Treasury bond
B. Municipal bond
C. Fidelity bond
D. Performance bond

Answer: D

Explanation:
Aperformance bondis a type of surety bond commonly required in construction projects. It guarantees that the contractor will complete the project according to the terms and specifications of the contract. This protects the property owner or manager from financial loss if the contractor fails to meet obligations.

NEW QUESTION # 92
......

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Dumps CAP-2101-20 Cost & Valid CAP-2101-20 Exam Sample

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BOMI International RPA Capstone Experience Sample Questions (Q87-Q92):

CAP-2101-20 study materials: RPA Capstone Experience & CAP-2101-20 test simulate material

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