Types of Real Estate Flashcards
1
Q
What are the General Types of Real Estate?
CRISPAR
A
- Commercial/Investment Property
- Residential Property
- Industrial Property
- Special Purpose Property
- Public Property
- Agricultural Property
- Recreational Property
2
Q
Industrial Property Includes _____.
A
Mines and Utilities.
3
Q
Special Purpose Property
A
Property used for Churches Hospitals Nursing Homes Colleges Cemeteries, etc
4
Q
Special Purpose Properties must comply with ______
A
GOVERNMENTAL ZONING and USE REGULATIONS