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The Real Estate Investment Trust Act authorizes: Question options: REITs are subject to double taxation in exchange for limited liability. REITs are exempt from double

The Real Estate Investment Trust Act authorizes: Question options:

REITs are subject to double taxation in exchange for limited liability.

REITs are exempt from double taxation as long as certain conditions are met.

REITs are considered a form of limited partnership.

REITs are exempt from federal securities laws.

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