Argus Enterprise Practice Test

The Fixed Steps Unit column in ARGUS Enterprise is specifically designed to handle scenarios where rental increments vary, making it appropriate to use when a property’s rental increases are not consistent or fixed. This column allows users to input specific fixed step increases for rent at designated intervals over the lease term.

Using this column provides more accurate modeling of rental income, particularly in instances where leases might have complex structures such as differing rates or scheduled changes in rent that do not follow a uniform pattern. For example, if a lease agreement stipulates that rent increases every two years by different amounts, the Fixed Steps Unit column allows the user to clearly delineate these variations instead of assuming a flat increase.

In contrast, one-time increases or scenarios with consistently fixed increments may not require the use of this feature, as they can typically be captured using simpler rental adjustment inputs. Similarly, decreasing rent scenarios are often addressed through other options in the software designed for adjustments rather than the fixed steps structure intended for varied increments.