Which of the following is NOT a requirement of REITs?
A) A REIT must have at least 100 stockholders
B) Not more than 50% of a REIT's shares can be owned by five or fewer shareholders
C) At least 95% of a REIT's income must be distributed to shareholders
D) All of the above are REIT requirements
Correct Answer:
Verified
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A)An increase in
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