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Check all true statements regarding requirements for a fund to be a REIT Have a minimum of 100 shareholders Pay 90% of its income in
Check all true statements regarding requirements for a fund to be a REIT
Have a minimum of 100 shareholders | ||
Pay 90% of its income in the form of shareholder dividends every year | ||
Real estate should constitute at least 75% of its total assets | ||
Derive at least 50% of its gross income from income generated by real estate | ||
Invest only in Commercial Real Estate buildings |
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