CCIM 101 MODULE 1 EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026

CCIM 101 MODULE 1 EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026 Who are the Two decision maker - Answers 1. The user 2. The investor The User's objective - Answers To make the decision regarding the space that they need for their business The investor's objective - Answers To make a decision regarding investment in properties that are or could be leased to users Can a user be an investor - Answers Yes User Decision - Answers 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 - Answers . 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) - Answers . 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) - Answers . 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 - Answers . What should the disposition price be? . What should the disposition method be? . What should the disposition process be? What are the four major decisions to consider User & investor - Answers . Acquisition decisions . Holding Period Decisions . Disposition Decisions Acquisition Decision - Answers . 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 acquisition process be? Holding Period Decisions ( Lease space) - Answers . Should discretionary capital expenditures be made? . Should the capital structure of the occupancy be changed ? . Should the space utilization be changed? . Should the user continue to occupy the space? . Should any lease option be exercised? . Should the lease be renegotiated? . Should the space be disposed of ? Holding Period Decision (Owned Space) - Answers . 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? Disposition Decisions - Answers . What should the disposition price be? . What should the disposition method be? .What should the disposition process be? Defind yeild - Answers return on investment What is the definition of rate of return? - Answers The percentage returned on each dollar investment for each period it is invested