Between residential and commercial loans the following is NOT true:
A) long-term commercial loans involve a more intricate underwriting process
B) residential loans have prepayment penalties,commercial loans do not
C) a clause in a residential loan allows the lender to step in and collect lease payments directly from the tenants in the event the borrower defaults on the loan
D) b and c
Correct Answer:
Verified
Q7: 19-19.Multi-site securitization refers to:
A) one facility is
Q8: An advantage of leasing rather than owning
Q9: The following statements of financial accounting standards
Q10: A sale-leaseback can be defined as:
A) a
Q11: 19-13.In an equity participation loan the lender
Q13: The seller-lessee cannot account for the transaction
Q14: 19-12.The value of commercial real estate properties
Q15: 19-14.The investor of a property may give
Q16: 19-11.The following is/are advantages of equity participation
Q17: 19-16.A sale-leaseback refers to the situation where:
A)
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