Author Question: Barb is discussing home ownership with a friend at lunch. Her friend tells her that she lives in a ... (Read 238 times)

ec501234 · **on:** Aug 3, 2018

Barb is discussing home ownership with a friend at lunch. Her friend tells her that she lives in a building that is owned by a corporation. She bought stock in the corporation which entitled her to occupy a unit in the building as long as she owns the stock. Barb's friend most likely lives in a:

A. Cooperative
B. Condominium
C. Time Share
E. Leasehold

Question 2

In a net listing, the compensation is set at an amount unrelated to the sale price.

A. True
B. False