Which arrangement enables a corporation to assume ownership by using a developer to hold ownership until completion?

Master the BOMI Facilities Management Fundamentals Exam. Study with flashcards and multiple choice questions, each offering hints and explanations. Prepare effectively and excel in your exam!

Build-to-suit is a development approach where a building is designed and constructed to fit a specific tenant’s needs, with the developer financing and holding ownership during construction. When the project is completed, the corporation can take ownership under the agreed terms, typically through a long-term lease or a purchase arrangement. This setup directly enables the corporation to assume ownership after completion while still benefiting from a building tailored to its requirements.

The other options describe different arrangements. A triple-net lease is a leasing structure where the tenant pays most operating costs and ownership remains with the landlord, not a transfer of ownership at completion. A cost-sharing arrangement isn’t about ownership or development of a specific facility. A sale-leaseback involves selling the property to an investor and then leasing it back, meaning ownership shifts to the investor rather than the corporation holding it during construction.