12.	Which of the following is NOT a requirement of REITs?

12. Which of the following is NOT a requirement of REITs?

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 1.      Which of the following is NOT a requirement of REITs?

 

(A)   A REIT must have at least 100 stockholders

(B)   Not more than 50% of a REIT’s shares can be owned by five or fewer shareholders

(C)   At least 95% of a REIT’s income must be distributed to shareholders

(D)   All of the above are REIT requirements

 
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