Question

Owners of OP Units of an UPREIT a) Receive the same dividends as shareholders of public...

Owners of OP Units of an UPREIT

a) Receive the same dividends as shareholders of public shares in that UPREIT

b) Are prohibited from holding seats on the public company board of directors

c) May vote their OP units in electing board members

d) All of the above

Homework Answers

Answer #1

The answer is all of the above

Upreit is the umbrella real estate partnership trust structure. In such a structure the person conducts sustantially all its operations, through the operating partnership.

They are eligible for the regular income payments as such the stockholders bearing the same amount of risk.

The operating partnership doesnt give the right to hold seats on the board of directors but still they may vote in electing the board members bearing the risk.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Before a company can pay dividends to the common shareholders, the owners of cumulative preferred shares...
Before a company can pay dividends to the common shareholders, the owners of cumulative preferred shares must receive Select one: a. dividends in arrears, but not the current year's dividends b. the current year's dividend, but not dividends in arrears c. all dividends in arrears plus the current year's dividend d. neither the current year's dividends nor dividends in arrears
32. The liability of shareholders is a. similar to the liability of the owners of a...
32. The liability of shareholders is a. similar to the liability of the owners of a partnership. b. similar to the liability of the owner of a proprietorship. c. equal to an amount sufficient to satisfy all creditors. d. limited to their property or service invested in the corporation. 33. Callable preferred shares a. may be redeemed at any time at the shareholder’s option. b. may be called or redeemed at the option of the issuing corporation. c. usually have...
True/False: A special meeting can be called by the shareholders to consider and vote on whether...
True/False: A special meeting can be called by the shareholders to consider and vote on whether or not to declare dividends. The bylaws of a corporation can require a super majority of the outstanding shares of stock to vote on a major issue such as the takeover by a third party. The board of directors may bring a director's derivative lawsuit on behalf of the corporation if the shareholders fail to bring the requested lawsuit after 90 days from the...
Midland Petroleum is holding a stockholders’ meeting next month. Ms. Ramsey is the president of the...
Midland Petroleum is holding a stockholders’ meeting next month. Ms. Ramsey is the president of the company and has the support of the existing board of directors. All 12 members of the board are up for reelection. Mr. Clark is a dissident stockholder. He controls proxies for 42,001 shares. Ms. Ramsey and her friends on the board control 52,001 shares. Other stockholders, whose loyalties are unknown, will be voting the remaining 24,998 shares. The company uses cumulative voting. a. How...
When shareholders receive fully-franked dividends, they a. do not have to pay personal income tax. b....
When shareholders receive fully-franked dividends, they a. do not have to pay personal income tax. b. are entitled to receive tax refunds. c. avoid double dipping. d. pay less personal income tax than the tax that the firm has paid. e. None of the above.
Assuming you want to invest in a particular company, which of the following would you consider...
Assuming you want to invest in a particular company, which of the following would you consider a corporate governance red flag? (you may choose more than one answer) a. CEO has the majority of the voting right b. Board of directors has 9 members, 7 of which are independent members c. The firm one class of shares with one share one vote right d. the company has a classified board e. CEO of the firm is also the chairman of...
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which...
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which one of the following rights is most apt to be granted to the preferred shareholders? 24) A) Right to all residual income after the common dividends have been paid B) Right to share in company profits prior to other shareholders C) Right to elect the corporate directors D) Right to a permanent seat on the board of directors E) Right to vote on proposed...
Suppose owners of a bank would like to reduce the amount of capital relative to assets....
Suppose owners of a bank would like to reduce the amount of capital relative to assets. This could be accomplished by: a. all of these b. distributing dividends to shareholders c. borrowing funds and making more loans d. buying back shares from existing owners
2.Which of the following is true? Select one: a. Preferred dividends can be paid only if...
2.Which of the following is true? Select one: a. Preferred dividends can be paid only if common shareholders vote in favor of doing so at the AGM. b. If dividends have been in arrears for a lengthy period, preferred shareholders may be able to vote at the AGM in favor of directors who would treat them more kindly. c. In the event of a liquidation, preferred shareholders are paid whatever dividends are in arrearage and nothing else. d. Firms are...
The following investments are held by investors that are public companies: A $5,000,000 5% publicly traded...
The following investments are held by investors that are public companies: A $5,000,000 5% publicly traded 10-year bond of Tree Ltd. The bonds are held for short-term capital appreciation, as the investor is expecting interest rates to change. A $4,000,000, 5% publicly traded bond that matures in 10 years. The bond is in a portfolio that is managed with the objective of collecting interest and principal. Common shares of Shrub Ltd., amounting to 30% of the outstanding shares. The remaining...