Real Estate

A building with two separate living quarters.

• Duplex

• Apartment

• Condominium

• Triplex

A complex is a group of many apartments with common facilities such as recreational areas, clubhouse and parking lots.

• Apartment

• Duplex

• Triplex

• condominium

An individually owned unit in an apartment style complex with shared ownership of common areas.

• Condominium

• Duplex

• Triplex

• Apartment

Buildings with three or four individual housing units.

• Triplex

• Apartment

• Duplex

• Condominium

He is the one who takes care of all repairs and maintenance, collects the rent and assures suitable living conditions.

• Residential land lord

• Property manager

• Care taker

• Owner

He is the one who collect rent, hires and pay people to make repairs and maintain the property.

• Property manager

• Resident land lord

• Caretaker

• Owner

Tangible metals that have known and universal value around the world.

• Precious metals

• Gems

• Jewelry

• Collectibles

Statement # 1 Investment in real estate is good because It appreciate over time.

Statement # 2 Investment in real estate has a tax benefits

• True; true respectively

• True, false respectively

• False ; false respectively

• False, True respectively

Statement # 1 Investment in real estate provides hedge against inflation.

Statement # 2 Investment in real estate is a long term investment

• True; true respectively

• False, false respectively

• False; true respectively

• True; false respectively

It is consider a speculative investment, so some banks are often unwilling to make loans on _________

• Vacant land

• Building

• Farm land

• Apartment