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Which of the following statement(s) is true about the nature of real estate? Real estate is a heterogeneous asset Real estate is very fungible asset

  1. Which of the following statement(s) is true about the nature of real estate?
    1. Real estate is a heterogeneous asset
    2. Real estate is very fungible asset
    3. Real estate consists of surface, subsurface and airspace
    4. Real estate is a very perishable asset
    5. All the above except b

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