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The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain control of a site from another owner? O By purchasing directly from the existing owner O By negotiating an option to purchase from the existing owner By purchasing land at auction from the city O By borrowing money from a construction lender

The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain control of a site from another owner? O By purchasing directly from the existing owner O By negotiating an option to purchase from the existing owner By purchasing land at auction from the city O By borrowing money from a construction lender

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Of the many roles involved with a development, the developer is most closely associated with the notion of a "loan ranger" making everything happen O a "people person" managing relationships O a "quarterback" leading the team O a "benevolent dictator" in charge of everything around them.
Transcribed Image Text:Of the many roles involved with a development, the developer is most closely associated with the notion of a "loan ranger" making everything happen O a "people person" managing relationships O a "quarterback" leading the team O a "benevolent dictator" in charge of everything around them.
The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain control of a site from another owner? O By purchasing directly from the existing owner By negotiating an option to purchase from the existing owner O By purchasing land at auction from the city O By borrowing money from a construction lender
Transcribed Image Text:The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain control of a site from another owner? O By purchasing directly from the existing owner By negotiating an option to purchase from the existing owner O By purchasing land at auction from the city O By borrowing money from a construction lender
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