What is the largest financial asset for most Americans?

An apartment building is considered____________.

Since the 1980s, real estate syndicates have been less appealing to investors because

Which of the following is an indirect investment?

Participation certificates are issued by____________.

The value of real estate investment may decrease if____________--.

Which is NOT an appeal of precious gem to investors?

Which items would most likely be considered collectibles?

Precious gems are rated for all the following characteristics EXCEPT _________________?

An advantage of using the Internet for adding to a collection is ____________________.

Mortgages on second homes can provide tax benefits

A real estate investment trust is direct investment

REITS sell real estate for quick profits

Financial leverage is the use of borrowed funds for direct investment purposes.

Precious Gems appeal to investors as protection against inflation.

A diamond will get the same rating each time it's graded.

Palladium is a precious metal used in the production of automobiles.

Historically, over time home ownership produces the same average rate of return as a bond.

A real estate syndicate is most commonly organized as a limited liability corporation.

If you invest in an equity REIT, your money will be invested in property.

An investment where a trustee is appointed to hold legal title to a property on behalf of an investor or group of investors.

An investment that works like a mutual fund but invests in real estate and mortgage loans

An association of investors organized as a corporation, trust, or limited partnership.

An agency that sells participation certificates.

A real estate investment in which the owner holds legal title to a property he or she has purchased.

A lesser known precious metal

The use of borrowed funds for investment purposes.

Land or Buildings that produce lease income

Rough Mineral Deposits that are dug from the earth and shaped into brilliant jewels.

An investment in a group of mortgages that have been produced by a government agency