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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Definitions:

Ritualized Behaviors

Actions performed in a prescribed manner that are often symbolic and are part of a larger cultural or religious practice.

Disaster

A sudden event, such as an accident or a natural catastrophe, that causes great damage or loss of life.

Obsessive-compulsive Disorder

A mental disorder characterized by unwanted, recurring thoughts and repetitive behaviors that the individual feels compelled to perform.

Recurrent

Occurring repeatedly or periodically, often referring to events, symptoms, or conditions that return after periods of absence.