23. A planned unit development is

A) a multiuse project that enforces the use of regular zoning.

B) a large multiuse development that may deviate from regular zoning regulations.

C) a property to be split off and sold separately from the main parcel.

31. Land's value can be affected by political activities occurring in the immediate vicinity due to

A)

permanence.

B)

risk.

C)

fixity.

D)

longevity.

You buy an investment property and form a limited partnership to sell a portion of the ownership to several doctors you know. You will act as the general partner. They may choose to buy shares because of all the following reasons EXCEPT

A)

possible high profits.

B)

their limited personal liability.

C)

their limited responsibility for management.

D)

the impact of double taxation.

D) a small development under unified control.