CCIM 101 MODULE 1 ACTUAL EXAM PAPER
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ The User's objective . Answer: To make the decision regarding the
space that they need for their business
◉ The investor's objective . Answer: To make a decision regarding
investment in properties that are or could be leased to users
◉ Can a user be an investor . Answer: Yes
◉ User Decision . Answer: 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 . Answer: . 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) . Answer: . 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) . Answer: . 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 . Answer: . What should the disposition price
be?
. What should the disposition method be?
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ The User's objective . Answer: To make the decision regarding the
space that they need for their business
◉ The investor's objective . Answer: To make a decision regarding
investment in properties that are or could be leased to users
◉ Can a user be an investor . Answer: Yes
◉ User Decision . Answer: 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 . Answer: . 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) . Answer: . 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) . Answer: . 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 . Answer: . What should the disposition price
be?
. What should the disposition method be?
