Solved

Which of the Following Is True

Question 41

Multiple Choice

Which of the following is true?


A) Real Estate Investment Trusts (REITs) pool the funds of many small investors and use them to buy or build income property or to make or purchase mortgage loans.
B) Real Estate Investment Trusts (REITs) are pass-through enterprises in that rents from the income property or interest from the mortgages that the REIT owns are passed through to the shareholders.
C) Real Estate Investment Trusts (REITs) were authorized by Congress in 1960 to give small investors an opportunity to invest in commercial real estate.
D) All of the above are true.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents