Which of the Following Statements About Real Estate Limited Partnerships

question 28

Multiple Choice

Which of the following statements about real estate limited partnerships (RELP) is false?

• A) RELPs invest in real estate or loans secured by real estate.
• B) RELPs raise capital by borrowing from banks and issuing mortgages.
• C) RELPs are similar to open-end funds,with shares redeemable at NAV.
• D) All of these are true.
• E) Both a and b are true.

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