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Basic Question 8 of 9
Which of the following statements is most accurate?
A. An equity REIT invests in properties such as apartments and hotels.
B. A REIT is similar to an open-end fund.
C. In a RELP, all parties have limited liability.
D. A mortgage REIT is a type of mortgage-backed security (MBS).
A. An equity REIT invests in properties such as apartments and hotels.
B. A REIT is similar to an open-end fund.
C. In a RELP, all parties have limited liability.
D. A mortgage REIT is a type of mortgage-backed security (MBS).
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain features and characteristics of real estate
CFA® 2024 Level I Curriculum, Volume 5, Module 4.