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CCIM 101 Module 1 (Latest) Quizzes & Ans!!
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CCIM 101 Module 1 (Latest) Quizzes & Ans!!
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CCIM 101 Module 1 (Latest) Quizzes & Ans!!Who are the Two decision maker Answer- 1. The user
2. The investor
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?
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