CCIM 101 Exam Questions and Correct Verified Answers
Two major decision makers - Answer-Users and investors
Users - Answer-Those who make decisions regarding space that they need to use for their
business
Investors - Answer-Those who make decisions regarding investments in properties that are
or could be leased to users
Can a user also be an investor? - Answer-Yes. Even so it is useful to separate the decision to
use the real estate from the decision to invest in the real estate. A property can have great
use but maybe a bad investment.
User decisions - Answer-Users want space that meets the needs of their business in terms of
location, size and layout of the space, quality of building and perhaps proximity to other
business suppliers and customers
Users decisions part two - Answer-Should space be acquired?
What type and how much space should be acquired?
Where should the space be acquired?
What should the space acquisition entity be?
Should the space be a purchase or lease?
What should the acquisition process be?
User decision leased space - Answer-Should discretionary capital expenditures be made?
Should the capital structure of acupuncture be changed?
Should the space utilization be changed?
Should the user continue to occupy the space?
Should any lease options be exercised?
, Should the lease be renegotiated?
Should the space be disposed of?
User decisions owned space - Answer-Should discretionary capital expenditures be made?
Should the capital structure be changed?
Should the space utilization be changed?
Should the user continue to occupy the space?
Should the property be sold or exchanged?
User disposition decisions - Answer-What should the disposition price be?
Should should the disposition method be?
Should should the disposition process be?
Investor decisions - Answer-Investors are primarily interested in receiving a return on
investment (yield) that is commensurate with the risk that they will incur by making an
investment.
Rate of return - Answer-The rate of return is the percentage return on each dollar invested
for each period it is invested. Rates of return can be estimated on before tax or an after tax
basis
Acquisition decisions - Answer-Should investment real estate be acquired?
What type of investment real estate should be acquired?
When should investment real estate be acquired?
Where should investment real estate be acquired?
Which of the available investment real estate alternatives should be acquired?
How should the investment real estate be acquired?
What should be the sources of debt and equity capital?
What should the investment real estate acquisition entity be?
Two major decision makers - Answer-Users and investors
Users - Answer-Those who make decisions regarding space that they need to use for their
business
Investors - Answer-Those who make decisions regarding investments in properties that are
or could be leased to users
Can a user also be an investor? - Answer-Yes. Even so it is useful to separate the decision to
use the real estate from the decision to invest in the real estate. A property can have great
use but maybe a bad investment.
User decisions - Answer-Users want space that meets the needs of their business in terms of
location, size and layout of the space, quality of building and perhaps proximity to other
business suppliers and customers
Users decisions part two - Answer-Should space be acquired?
What type and how much space should be acquired?
Where should the space be acquired?
What should the space acquisition entity be?
Should the space be a purchase or lease?
What should the acquisition process be?
User decision leased space - Answer-Should discretionary capital expenditures be made?
Should the capital structure of acupuncture be changed?
Should the space utilization be changed?
Should the user continue to occupy the space?
Should any lease options be exercised?
, Should the lease be renegotiated?
Should the space be disposed of?
User decisions owned space - Answer-Should discretionary capital expenditures be made?
Should the capital structure be changed?
Should the space utilization be changed?
Should the user continue to occupy the space?
Should the property be sold or exchanged?
User disposition decisions - Answer-What should the disposition price be?
Should should the disposition method be?
Should should the disposition process be?
Investor decisions - Answer-Investors are primarily interested in receiving a return on
investment (yield) that is commensurate with the risk that they will incur by making an
investment.
Rate of return - Answer-The rate of return is the percentage return on each dollar invested
for each period it is invested. Rates of return can be estimated on before tax or an after tax
basis
Acquisition decisions - Answer-Should investment real estate be acquired?
What type of investment real estate should be acquired?
When should investment real estate be acquired?
Where should investment real estate be acquired?
Which of the available investment real estate alternatives should be acquired?
How should the investment real estate be acquired?
What should be the sources of debt and equity capital?
What should the investment real estate acquisition entity be?
