BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 79

Real estate dwelling Real estate syndicate Mortgage pool Real estate investment trust Question 8.8. (TCOs 6 and 7) Which REIT pools money to finance construction loans? (Points : 1) Mortgage REIT Compound REIT Hybrid REIT Simple REIT Equity REIT Question 9.9. (TCOs 6 and 7) An investor holds legal title to a piece of property if he or she participates in what type of real estate investment? (Points : 1) Ginnie Mae Participation certificates (PCs) REITs Direct investment Indirect investment Question 10.10. (TCOs 6 and 7) You have purchased a condominium in Orlando, FL in order to rent out rooms to vacationers. What type of investment have you made? (Points : 1)