Question: The developer will incur significant costs before reaching the stage of construction financing, including the title examination, environmental and ecological evaluation, legal and other costs

The developer will incur significant costs before reaching the stage of construction financing, including the title examination, environmental and ecological evaluation, legal and other costs of the permitting process, and architectural and engineering fees. These types of costs are more commonly referred to as:

Multiple Choice

hard costs.

carry costs.

soft costs.

land costs.

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