Master the World of Commercial Property
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Questions and Answers

Which of the following is NOT considered commercial property?

  • Retail stores
  • Single-family homes (correct)
  • Multifamily housing buildings
  • Medical centers

    • What is the purpose of commercial property?

  • To generate capital gains
  • To support local authorities
  • To provide housing for individuals
  • To generate rental income (correct)

    • In some states, residential property with a certain number of units qualifies as commercial property for which of the following purposes?

  • Borrowing purposes
  • Tax purposes
  • Both borrowing and tax purposes (correct)
  • None of the above

    • What are examples of commercial buildings?

    <p>Warehouses and garages (D)</p> Signup and view all the answers

    What can commercial buildings be called when they allocate space to multiple functions?

    <p>Mixed-use buildings (B)</p> Signup and view all the answers

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