Question
Check all true statements regarding requirements for a fund to be a REIT : (Please explain) Choice A- Have at least one hundred shareholders (TRUE
Check all true statements regarding requirements for a fund to be a REIT : (Please explain)
Choice A- Have at least one hundred shareholders (TRUE OR FALSE)
Choice B- Pay ninety % of its income in the form of shareholder dividends every year (TRUE OR FALSE)
Choice C- Real estate should constitute at least seventy five % of its total assets (TRUE OR FALSE)
Choice D- Derive at least fifty % of its gross income from income generated by real estate (TRUE OR FALSE)
Choice E- Invest only inCommercial Real Estate buildings (TRUE OR FALSE)
Explain please thanks!
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