With regard to real estate, all properties must be included in at least one ________.

With regard to real estate, all properties must be included in at least one ________.
A . account
B . investment type
C . composite
D . sector
E . portfolios

View Answer

Answer: C

Explanation:

Consistent with the general requirements for all composites, all properties with discretionary fee- paying investors must be included in at least one account. Because of the unique nature of individual real estate investments, however, composites containing single properties are appropriate in many cases.