Real estate development

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Reference no: EM131910612

1. Land acquisition and development loans are usually disbursed:

A) upon loan approval or at the time actual development commences.

B) on a piecemeal basis as improvements are completed.

C) only on completion of the development project.

D) whenever requested by the developer.

2. Real estate development:

A) is usually financed by local or state government.

B) is seldom completed without tax-free bond financing.

C) ranges in size from single-family dwellings to entire new cities.

D) is essentially a post-World War II phenomenon.

Reference no: EM131910612

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