Author Question: What is an REIT? How does an REIT own real estate interests? What will be an ideal ... (Read 47 times)

darbym82 · **on:** Aug 3, 2018

What is an REIT? How does an REIT own real estate interests?

What will be an ideal response?

Question 2

In ________, the Supreme Court ruled that a prosecutor could not use race as a basis for excluding jurors during voir dire.

A) Furman v. Georgia
B) Batson v. Kentucky
C) Gregg v. Georgia
D) Booth v. Maryland

Jsherida · **Reply #1 on:** Aug 3, 2018

Answer to Question 1

REIT is the acronym for Real Estate Investment Trust. It is a company that buys, develops, manages, and sells real estate assets. The REIT sells shares or interests in its business to individual who otherwise would lack the funds to invest in real estate. In this way the REIT is similar to a stock mutual fund. There are three basic forms of REIT: 1) Equity REIT invests in and owns properties and derives income from the properties' rents; 2) Mortgage REIT deals in investments and ownership of property mortgages; and 3) Hybrid REIT dabbles in both the equity and the mortgage side of the business.

Answer to Question 2

B