Which of the following statement about the real estate
development is FALSE ?
Real estate development includes five stages: land acquisition,
construction, completion and occupancy, management and sales.
The real estate development project subjects to the financial
risk, scheduling risk and design risk in the construction
stage.
The most risky stage in the real estate development process is
the sales stage.
The most risky stage in the real estate development process is
the land acquisition stage.
Which of the following...