Which of the following is the usual progression for a real estate development project?
A)Land acquisition,completion,management,sale,construction
B)Land acquisition,construction,completion,management,sale
C)Land acquisition,construction,completion,sale,management
D)Land acquisition,management,construction,completion,sale

Question

Quizplus · Accepted Answer

Typically, real estate development projects follow the sequence of first acquiring land, then constructing buildings, completing the project, managing the property, and finally, selling it. Therefore, the correct progression of activities would be land acquisition, construction, completion, management, and sale. Choice B follows this sequence, making it the best choice.

Which of the Following Is the Usual Progression for a Real