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Basic Question 9 of 9
Direct ownership of real estate is ownership through ______. I. sole ownership
II. joint ventures
III. separate accounts
IV. real estate limited partnerships.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
explain features and characteristics of real estate
CFA® 2025 Level I Curriculum, Volume 5, Module 4.