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QUESTION 19 Which of the following is the best definition of equity? The rate at which a mortgage is amortized The intrinsic value of a

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QUESTION 19 Which of the following is the best definition of equity? The rate at which a mortgage is amortized The intrinsic value of a property The interest or value that an owner has in real estate over and above the mortgage The amount of a balloon payment needed to amortize a mortgage QUESTION 20 Double taxation is a characteristic of which ownership form: REITS Corporations Syndicates Limited partnerships

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