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Question 2 Check all true statements regarding requirements for a fund to be a REIT. A Have a minimum of 1 0 0 shareholders B

Question

2

Check all true statements regarding requirements for a fund to be a REIT.

A Have a minimum of

100

shareholders

B Pay

90 %

of its income in the form of shareholder dividends every yearC Real estate should constitute at least

75 %

of its total assets

D Derive at least

50 %

of its gross income from income generated by real estate E Invest only in Commercial Real Estate

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