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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 2
Storm water drainage systems are best described as:
A) Tangible assets.
B) Improvements to the land.
C) Intangible assets.
D) Improvements on the land.
A) Tangible assets.
B) Improvements to the land.
C) Intangible assets.
D) Improvements on the land.
Explanation
Verified
Verified
Improvements to the land include the components necessary to make the land suitable for building construction or other uses.
Storm water drainage systems are "tangible assets" and they are best described as "Improvements to the land".
Therefore the correct answer is b Improvements to the land
Storm water drainage systems are "tangible assets" and they are best described as "Improvements to the land".
Therefore the correct answer is b Improvements to the land
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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