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Exam CFM Topic 3 Question 184 Discussion

Actual exam question for IFMA's CFM exam
Question #: 184
Topic #: 3
A company is ready to sign a lease for a new location. The new space must be renovated before workstations can be moved. The facility manager is asked to provide the occupancy date. Why is providing the occupancy date information critical?

Suggested Answer: B Vote an answer

Theoccupancy date is criticalbecause it determineswhen the company begins paying rent, regardless of whether renovations are complete.
* Lease agreementstypically require rent payments from the occupancy date onward.
* Failure to account for renovation timecould lead to unnecessary costs.
* Why the other options are incorrect:
* (A) Scheduling a moving company is important but secondary to financial commitments.
* (C) The date can often be negotiated if properly addressed in the lease agreement.
* (D) While credibility is important, financial and contractual obligations take precedence.

by Harriet at Dec 24, 2025, 10:59 AM

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