Certified Commercial Investment Member (CCIM)
Comprehensive Exam –2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND VERIFIED SOLUTIONS
||BRAND NEW
The Mid-month Convention: For cost recovery, taxpayers
are required to use what day of the month to establish the
acquisition and disposition dates when calculating cost-
recovery deductions? - ANSWER-15th
What are the four basic components of NOI? - ANSWER-1
- Potential rental income (PRI)
2 - Vacancy and credit losses
3 - Other income
4 - Operating expenses
, [XXXX] is used to determine a property's PRI (Potential
Rental Income.) - ANSWER-Lease analysis
PRI equals NOI in what property/tenant scenario? -
ANSWER-If the property has one tenant with a long-term
absolute NNN lease.
[XXXX] is PRI minus vacancy and collection losses. -
ANSWER-ERI (Effective Rental Income)
What's the biggest difference between cap rate and yield?
- ANSWER-Cap rate does not factor in eventual sale
Comprehensive Exam –2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND VERIFIED SOLUTIONS
||BRAND NEW
The Mid-month Convention: For cost recovery, taxpayers
are required to use what day of the month to establish the
acquisition and disposition dates when calculating cost-
recovery deductions? - ANSWER-15th
What are the four basic components of NOI? - ANSWER-1
- Potential rental income (PRI)
2 - Vacancy and credit losses
3 - Other income
4 - Operating expenses
, [XXXX] is used to determine a property's PRI (Potential
Rental Income.) - ANSWER-Lease analysis
PRI equals NOI in what property/tenant scenario? -
ANSWER-If the property has one tenant with a long-term
absolute NNN lease.
[XXXX] is PRI minus vacancy and collection losses. -
ANSWER-ERI (Effective Rental Income)
What's the biggest difference between cap rate and yield?
- ANSWER-Cap rate does not factor in eventual sale
