Question

Underline all of the following costs that are included in the cost of land.

a) Removal of unwanted buildings
b) Lighting
c) Fencing and paving
d) Brokerage commission
e) Survey fees and legal fees
f) Purchase price
g) Security system

Answer 1

a) Removal of unwanted buildings

d) Brokerage commission

e) Survey fees and legal fees

f) Purchase price