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Land acquisition and development loans are usually disbursed: A) upon loan approval or at the time actual development commences. B) on a piecemeal basis as
Land acquisition and development loans are usually disbursed:
A) upon loan approval or at the time actual development commences.
B) on a piecemeal basis as improvements are completed.
C) only on completion of the development project.
D) whenever requested by the developer.
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