At Least 95 Percent of the Value of a REIT's

question 10

True/False

At least 95 percent of the value of a REIT's assets must consist of real estate assets,cash,and government securities.

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Definitions:

Ambiguous

Something that can be understood in more than one way or is not clearly defined.

Indorsements

Signatures or stamps placed on a document (often a financial document) that specify the legal transfer of rights from one party to another.

Unqualified Indorsement

An endorsement on a financial instrument, like a check, that doesn't limit payment to any particular individual or entity.

Indorser

A person who transfers an instrument by signing (indorsing) it and delivering it to another person.