Answers 26-27 Ignite Technical Math-Financial Math - MA2007 Real Estate InvestmentsQuestion 14

14

QuizMultiple Choice

Real Estate Investments

Question 14 • 26-27 Ignite Technical Math-Financial Math - MA2007

What is a real estate investment group?

Answer

A

A collection of investors who pool their resources in order to purchase and manage property for a profit.

B

An investment trust which uses investors’ money to purchase property, which it then manages in the investors’ stead.

C

A category of real estate, such as “houses” or “apartment buildings.”

D

A set of several properties purchased all at once.

Explanation

A real estate investment group is a collection of investors who combine their resources to buy and manage property for profit. Choice A states this definition. Choice B describes an investment trust, while C and D refer to property categories or a group of properties.

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