Which of the following gives the lender an option to purchase a full or partial interest in the property at the end of some specified period of time?
A)Convertible loan
B)Sale-leaseback
C)Accrual loan
D)Interest only loan

Question

Quizplus · Accepted Answer

A convertible loan gives the lender the option to convert the loan into an equity stake or purchase a full or partial interest in the property at the end of the loan period. It allows the lender to participate in the potential appreciation of the property value over time.

Which of the Following Gives the Lender an Option to Purchase