KingDallydaz4011 KingDallydaz4011

24-01-2024
Business

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A builder purchases several vacant lots in an established residential subdivision. The builder constructs houses without having secured a buyer in advance of the construction of each home and advertises them for sale to prospective buyers. This is which type of residential construction?
1) Speculative construction
2) Custom construction
3) Production construction
4) Remodeling construction

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