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Illinois Real Estate Exam

Category - Illinois

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In Illinois the most common form of ownership in a Real Estate Syndicate is:

Corporation
Real estate investment trust
Limited partnership
Joint venture

Explanation

Answer: C - A real estate syndicate can take the form of a corporation, a real estate investment trust, a limited partnership, or a joint venture. However, the most frequently used structure is a limited partnership.

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Illinois Real Estate Exam

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