6. Which of the following is NOT a common source of financing for real estate projects?
a) Mortgage loans
b) Equity financing
c) Government grants
d) Construction loans
7. Which type of real estate investment involves purchasing properties with the intention of renting them out for income?
a) Flipping
b) REITs (Real Estate Investment Trusts)
c) Rental properties
d) Land development
8. What is the process of legally transferring ownership of a property from one party to another called?
a) Leasing
b) Financing
c) Conveyancing
d) Renting
9. What is the term used to describe the legal document that represents ownership of a property?
a) Title deed
b) Lease agreement
c) Mortgage contract
d) Purchase agreement
10. Which of the following is NOT a factor influencing real estate market trends?
a) Interest rates
b) Population growth
c) Stock market performance
d) Government regulations