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Author Question: American Rural Properties, Inc is preparing to sell oneacre parcels near a ski resort for vacation ... (Read 68 times)

fox

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on: Jun 24, 2018
American Rural Properties, Inc is preparing to sell oneacre parcels near a ski resort for vacation home sites. Currently, the parcels have access and underground utilities. What procedures will American need to follow in order to sell the parcels?

Question 2

Which of the following best describes a debenture?
 A) It is a note secured by mortgage on real estate.
 B) It is a secured bond issued by the state government.
 C) It is an unsecured bond or note issued by a business firm.
 D)It is a note secured by personal property.


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Brummell1998

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Reply #1 on: Jun 24, 2018
Answer to Question 1

File ILSFDA forms with HUD; make certain purchasers receive required information.

Answer to Question 2

C


fox

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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