CCIM 101 Module 1 Exam Questions and
Answers
Who are the Two decision maker - -1. The user
2. The investor
-The User's objective - -To make the decision regarding the space that they need for their
business
-The investor's objective - -To make a decision regarding investment in properties that are
or could be leased to users
-Can a user be an investor - -Yes
-User Decision - -They want space that meet the needs of their business in terms of
location, size and layout of the space, quality of the building and perhaps proximity to other
business that might be supplier or customers (1.3)
-Acquisition Decisions - -. Should space be acquired?
. What type and how much space should be acquired?
. Where should space be acquired?
. Which space should be acquired?
. What should the space acquisition entity be ?
. should the space be leased or purchased?
. What should the space the acquisition process be?
-Holding Period Decisions (leased space) - -. Should discretionary capital expenditures be
made?
. Should the capital structure of occupancy be changed?
. Should the space utilization be changed?
. Should the user continue to occupy the space?
. Should the any lease options be exercised?
. Should the lease be renegotiated?
. Should the space be disposed of?
-Holding Period Decisions (Owned Space) - -. Should discretionary capital expenditures be
made?
. Should the capital structure be changed?
. Should the space utilization be changed?
. Should the space user continue to occupy the space?
. Should the property be sold or exchanged?
-Disposition Decisions - -. What should the disposition price be?
. What should the disposition method be?
Answers
Who are the Two decision maker - -1. The user
2. The investor
-The User's objective - -To make the decision regarding the space that they need for their
business
-The investor's objective - -To make a decision regarding investment in properties that are
or could be leased to users
-Can a user be an investor - -Yes
-User Decision - -They want space that meet the needs of their business in terms of
location, size and layout of the space, quality of the building and perhaps proximity to other
business that might be supplier or customers (1.3)
-Acquisition Decisions - -. Should space be acquired?
. What type and how much space should be acquired?
. Where should space be acquired?
. Which space should be acquired?
. What should the space acquisition entity be ?
. should the space be leased or purchased?
. What should the space the acquisition process be?
-Holding Period Decisions (leased space) - -. Should discretionary capital expenditures be
made?
. Should the capital structure of occupancy be changed?
. Should the space utilization be changed?
. Should the user continue to occupy the space?
. Should the any lease options be exercised?
. Should the lease be renegotiated?
. Should the space be disposed of?
-Holding Period Decisions (Owned Space) - -. Should discretionary capital expenditures be
made?
. Should the capital structure be changed?
. Should the space utilization be changed?
. Should the space user continue to occupy the space?
. Should the property be sold or exchanged?
-Disposition Decisions - -. What should the disposition price be?
. What should the disposition method be?
