Multiple Choice
Which of the following does NOT contribute to the complication of estimating the amount of interest carry?
A) The loan is taken down in draws and interest is calculated only as funds are drawn down
B) Revenue from each type of site varies
C) The rate of repayment of a loan depends on when the parcels are actually sold
D) Development loan interest rates are usually fixed while market rates fluctuate
Correct Answer:
Verified
Correct Answer:
Verified
Q9: The release price is the dollar amount
Q10: Generally,which of the following is FALSE regarding
Q11: The release schedule refers to a schedule
Q12: Consider the table,which summarizes monthly construction draws
Q13: Consider the feasibility study shown in the
Q15: It is proper to include an estimate
Q16: By using an option contract,a developer may
Q17: Which of the following costs should NOT
Q18: A developer must sell all of the
Q19: Consider the feasibility study shown in the