Rolling options are popular with:
A) speculators
B) residential developers
C) lenders
D) commercial developers
Correct Answer:
Verified
Q9: When a construction loan is made and
Q10: Land loans will seldom exceed:
A) 70-80% of
Q11: 18-12.In the event of a default,the development
Q12: 18-15.Payments made to municipalities or other local
Q13: Land loans are considered to be:
A) risky
B)
Q15: A large proportion of the covenants and
Q16: 18-11.Development includes:
A) subdividing
B) engineering
C) physical work
D) all
Q17: 18-19.If the developer fails to initiate construction,he
Q18: 18-16.The process whereby a developer agrees to
Q19: Warehousing refers to:
A) tying up as much
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