If you want a risk-proof real estate investment,participation certificates are for you.
Correct Answer:
Verified
Q28: Investment in land usually produces considerable cash
Q29: A REIT may engage in speculative,short-term holding
Q30: Commercial property refers to land and buildings
Q31: First and second mortgages may potentially provide
Q32: Financial leverage is the use of borrowed
Q34: A REIT pools investor funds and invests
Q35: Ginnie Maes and Freddie Macs are guaranteed
Q36: A REIT must invest all of its
Q37: A limited partner cannot take part in
Q38: If you are a limited partner,you are
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