Which of the following is a "soft cost" of construction?
A) The cost of the architectural drawings
B) The cost of pouring the foundation
C) The cost of erecting the building
D) The cost of finishing the interior space
Correct Answer:
Verified
Q14: Lenders typically finance the development of a
Q15: One of the risks of project development
Q16: Permanent financing commitments usually allow the lender
Q17: Generally,as the cost of a site increases,so
Q18: Loans made under the assumption that markets
Q20: A standby commitment differs from a permanent
Q21: What term applies to third-party financing that
Q22: Interest on a construction loan is usually
Q23: Developers usually hold back about _ percent
Q24: ADL lenders recognize that too much of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents