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Questions and Answers
Which of the following is NOT considered commercial property?
Which of the following is NOT considered commercial property?
- Retail stores
- Single-family homes (correct)
- Office buildings
- Hotels
What is another term for commercial property?
What is another term for commercial property?
- Medical centers
- Investment property (correct)
- Residential property
- Farm land
Which of the following can be considered a commercial building?
Which of the following can be considered a commercial building?
- Medical centers
- Warehouses
- Single-family homes
- Convenience stores (correct)
In some states, what type of residential property can be considered commercial property for borrowing and tax purposes?
In some states, what type of residential property can be considered commercial property for borrowing and tax purposes?
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What are the main purposes of commercial property?
What are the main purposes of commercial property?
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