CCIM 104 EXAM WITH COMBINED TESTS 100% VERIFIED
-CCIM CI 104 Self Assessments Review
-CCIM 104 QUESTIONS
-CCIM 104 MODULE 1 - Introduction to Investment Decision Making
CCIM CI 104 Self Assessments Review
M1Q1
The reason or reasons to include income producing real estate in an investment
portfolio is:
-Real estate acts as an inflation hedge
-Operating cash flows provide a large part of the yield
-Real estate is counter cyclical to stocks and bonds
-All of the above - ANSWER All of the above
M1Q2
Real estate asset value is priced in the
Space market
Capital market
Both the space market and capital market
None of the above - ANSWER Capital Market
M1Q3
,Market rents, along with supply and demand for space, are determined
in the
Space market
Capital market
Both the space market and capital market
None of the above - ANSWER Space Market
M1Q4
When an investor buys an investment at a cap rate less than the desired yield the
investor assumes:
-Net operating income and/or asset value will decline over the holding
period
aNet operating income and/or asset value will go up over the holding
period
bNet operating income and asset value will remain constant over the
holding period
cNone of the above - ANSWER Net operating income and/or asset value will go up over
the holding period
M2Q1
Sole Proprietorship may not be the ideal ownership form for real estate because of:
aThe associated personal liability
bThe difficulty in raising capital
cThe inability to diversify among multiple properties
All of the above - ANSWER All of the above
, M2Q2
The advantage of General Partnership as an ownership form is:
Unlimited liability of the partners
All partners can carry on business for the partnership
The general partnership is a pass-through tax entity
Each partner owns interest in the partnership but not the property itself - ANSWER The
general partnership is a pass-through tax entity
M2Q3
The flexibility of pass-through taxation, limited liability and management structure make
the _________an increasingly popular choice as as ownership form.
Sole proprietorship
General partnersip
Corporation
Limited liability company - ANSWER Limited Liability Company
M2Q4
In order to make a REIT (Real Estate Investment Trust) election a corporation must meet
a number of requirements including:
At least 90 percent of taxable income distributed to shareholders
At least 75 percent of income is from real estate investments
There are at least 100 shareholders
All of the above - ANSWER All of the above
-CCIM CI 104 Self Assessments Review
-CCIM 104 QUESTIONS
-CCIM 104 MODULE 1 - Introduction to Investment Decision Making
CCIM CI 104 Self Assessments Review
M1Q1
The reason or reasons to include income producing real estate in an investment
portfolio is:
-Real estate acts as an inflation hedge
-Operating cash flows provide a large part of the yield
-Real estate is counter cyclical to stocks and bonds
-All of the above - ANSWER All of the above
M1Q2
Real estate asset value is priced in the
Space market
Capital market
Both the space market and capital market
None of the above - ANSWER Capital Market
M1Q3
,Market rents, along with supply and demand for space, are determined
in the
Space market
Capital market
Both the space market and capital market
None of the above - ANSWER Space Market
M1Q4
When an investor buys an investment at a cap rate less than the desired yield the
investor assumes:
-Net operating income and/or asset value will decline over the holding
period
aNet operating income and/or asset value will go up over the holding
period
bNet operating income and asset value will remain constant over the
holding period
cNone of the above - ANSWER Net operating income and/or asset value will go up over
the holding period
M2Q1
Sole Proprietorship may not be the ideal ownership form for real estate because of:
aThe associated personal liability
bThe difficulty in raising capital
cThe inability to diversify among multiple properties
All of the above - ANSWER All of the above
, M2Q2
The advantage of General Partnership as an ownership form is:
Unlimited liability of the partners
All partners can carry on business for the partnership
The general partnership is a pass-through tax entity
Each partner owns interest in the partnership but not the property itself - ANSWER The
general partnership is a pass-through tax entity
M2Q3
The flexibility of pass-through taxation, limited liability and management structure make
the _________an increasingly popular choice as as ownership form.
Sole proprietorship
General partnersip
Corporation
Limited liability company - ANSWER Limited Liability Company
M2Q4
In order to make a REIT (Real Estate Investment Trust) election a corporation must meet
a number of requirements including:
At least 90 percent of taxable income distributed to shareholders
At least 75 percent of income is from real estate investments
There are at least 100 shareholders
All of the above - ANSWER All of the above
