North Dakota Real Estate Practice Exam 2026 – Comprehensive All-in-One Guide for Exam Success!

Investor-owned property refers to real estate that is acquired primarily for the purpose of generating income through rental activities or for the potential appreciation in value over time. This type of property is a means for individuals or entities to build wealth and create cash flow through renting or leasing the space to tenants. It's common for investors to seek properties that promise a good return on investment, whether through consistent rental income or an increase in the property's market value.

In this context, the other options do not align with the definition of investor-owned property. For instance, property owned by the government does not serve the same purpose as investor-owned spaces, as government properties are typically not utilized for personal profit generation. Land that is not for sale also does not fit within the investor-owned framework since ownership implies an intent to sell or profit in some capacity. Lastly, residences primarily occupied by owners denote owner-occupied properties, which contrasts with the notion of investor-owned, where the primary motive is profit rather than occupancy by the owner.