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Jane Calvert Owns a Condominium at the Beach Which She

Question 84

Multiple Choice

Jane Calvert owns a condominium at the beach which she rents out to vacationers.What type of investment does she hold?


A) Direct investment in real estate
B) Indirect investment in real estate
C) Equity REIT
D) Participation certificate
E) Mortgage REIT

Correct Answer:

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