18-12.In the event of a default,the development lender will have the rights to:
A) dollar based fees
B) impact fees
C) work materials of developer
D) recovery fee
Correct Answer:
Verified
Q6: The speculator is interested in:
A) appreciation of
Q7: 18-10.When the developer puts up only a
Q8: The developer is interested in:
A) appreciation of
Q9: When a construction loan is made and
Q10: Land loans will seldom exceed:
A) 70-80% of
Q12: 18-15.Payments made to municipalities or other local
Q13: Land loans are considered to be:
A) risky
B)
Q14: Rolling options are popular with:
A) speculators
B) residential
Q15: A large proportion of the covenants and
Q16: 18-11.Development includes:
A) subdividing
B) engineering
C) physical work
D) all
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents