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    Real Estate Finance Investments
  4. Exam
    Exam 16: Financing Project Development
  5. Question
    A Standby Commitment Differs from a Permanent Take-Out Commitment in That
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A Standby Commitment Differs from a Permanent Take-Out Commitment in That

Question 18

Question 18

True/False

A standby commitment differs from a permanent take-out commitment in that neither party really expects the standby commitment to be used by the developer.

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