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Series 24 STC Chapter 1 Exam 2025 With 100% Correct Answers
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---5August 20252025/2026A+
- SRO - CORRECT ANSWERSelf-Regulating Organization 
 
REIT - Real Estate Investment Trust - CORRECT ANSWERAt least 75% of gross income derived solely from real estate rent or interest on mortgages 
95% of gross income derived from real estate activities or dividends and interest 
Must be a trust 
Must distribute at least 90% of income. Shareholders responsible for tax 
 
Nontraded REIT - CORRECT ANSWEROffers limited liquidity 
Provide valuations within 18 months after cessation 
 
ADR - CORRECT AN...
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