Question
Which of the following types of direct co-ownership combines single person ownership with tenancy in common? A. Cooperative B. Tenancy by the entirety C. Condominium
Which of the following types of direct co-ownership combines single person ownership with tenancy in common?
A. Cooperative B. Tenancy by the entirety C. Condominium D. Partnership
15. Suppose you plan to put a 20% down payment on a house and obtain a mortgage loan that is less than the size limit on conforming loans ($417,000) to finance the remainder of the purchase. Based on your understanding of the loan-to-value ratio, what is the maximum price that you could pay for a home with these restrictions in mind? A. $333,600 B. $500,400 C. $521,250 D. $2,085,000
16. Expense Stops transfer ______________ risk from the _______________ to the ____________
. A. Inflation, Tenant, Landlord B. Marketing, Investors, Management Team C. Renting, Landlord, Management Team D. Inflation, Landlord, Tenant
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