direct or indirect. None of the above Question 7. Question : (TCOs 6 and 7) Single-family houses are typically expected to observe the following pattern. Values tend to rise, providing a possible hedge against inflation. Values rise less than the Consumer Price Index. Values remain stable in the northern parts of the United States. Values tend to rise in New England states, but decline in the South. Values remain unchanged in the United States. Question 8. Question : (TCOs 6 and 7) Which REIT pools money to finance construction loans? Mortgage REIT Compound REIT Hybrid REIT Simple REIT Equity REIT Question 9. Question : (TCOs 6 and 7) You should invest in _____ if you want a risk-proof real estate investment. REITs real estate limited partnerships participation certificates (PCs) real estate syndicates Post Office buildings Question 10. Question : (TCOs 6 and 7) You have purchased a condominium in Orlando, FL in order to rent out rooms to vacationers. What type of investment have you made? Direct investment in real estate Indirect investment in real estate Investment in precious metals Investment in collectibles Investment in gems Question 11. Question : (TCOs 6 and 7) By the time you reach your _____ birthday, you should have established a comprehensive retirement plan. 25th 35th 45th 55th 65th
Question 12. Question : (TCOs 6 and 7) The average life expectancy of a woman at age 65 is 9 years. 16 years. 13 years. 11 years. 19 years. Question 13. Question : (TCOs 6 and 7) If your mortgage is largely or completely paid off, then you may be eligible for a reverse mortgage annuity. variable annuity. mortgage advance. regional-based annuity. mortgage package. Question 14. Question : (TCOs 6 and 7) The of division of pensions in a divorce situation primarily depends on the _____. length of the divorce period husband’s generosity length of the marriage judge’s decision Question 15. Question : (TCOs 6 and 7) When you retire, which one of the following expenditures is likely to decrease? Medical expenses Insurance expenses Clothing expenses Expenses for leisure activities Gifts and contributions Question 16. Question : (TCOs 6 and 7) Estate planning involves all but which of the following? Managing your property while you are alive Dealing with what happens to that property after your death. Your family’s financial security in the event of your death Your family’s financial security in the event of your spouse’s death Deciding on working part time into retirement age Question 17. Question : (TCOs 6 and 7) _____ refers to what Gerald Wilkins has in his possession and owns, including a home worth $250,000, a car worth $15,000, various investments worth $600,000, and other personal assets worth $25,000.