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You just entered into a contract to purchase a recently renovated apartment building, and you are concerned that some of the contractors have not been
You just entered into a contract to purchase a recently renovated apartment building, and you are concerned that some of the contractors have not been paid. In performing your due diligence, which of the following procedures should be performed to alleviate your concern? A. Have the property surveyed. B. Have an environmental study performed. C. Search the public records for outstanding liens.Which of the following statements about real estate indices is most accurate A. Transaction-based indices tend to lag appraisal-based indices. B. Appraisal-based indices tend to lag transaction-based indices. C. Transaction-based indices appear to have lower correlation with other asset classes as compared to appraisal-based indices
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