Urby - How much do you know?
Quiz
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Other
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Professional Development
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Medium
Shu Yi Ang
Used 8+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can you do on Urby?
Buy entire properties
Buy bite-sized profit-share contracts of the property
Invest in a REIT
Get a home loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Property Notes represent?
A share of profits when the property is sold or bought back
A share of the property itself (i.e., equity)
A share of a home loan that entitles you to some of its monthly repayments
A share of an asset holding company that holds the property
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you own Property Notes through Urby, which of the following statements best describes your rights and liabilities?
I have the right to live in the property, receive rental income, and I am responsible for any maintenance or property taxes.
I do not have the right to live in the property or receive rental income, but I share in the profits when the property is sold or when the homeowner buys back the equity. I am not liable for property-related risks such as maintenance or taxes.
I am a part-owner of the property, meaning I have partial rights to the property and am partially responsible for its upkeep and any associated costs.
I can profit from it when the property is rented out, and I am liable for the rental agreement and renovation costs.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
How can you make money on Urby?
By holding onto the shares until the property is sold
By selling the shares on Urby’s secondary market
By renting out the property
By selling it for a higher price on other investment platforms
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What happens if you sell your shares on Urby’s secondary market?
You’re guaranteed to make a profit
You might make a profit
Your sale is unaffected by market conditions
You might sell at a loss
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is Urby regulated by the Securities Commission?
No, and they don’t plan to be
No, but they are pursuing regulation
Yes, Urby is regulated by the SC!
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where is your money held when you deposit into Urby?
In a trustee account
In Urby’s corporate account
In Chaly's bank account
In high-interest savings accounts
8.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the risks involved in investing with Urby?
You may not be able to sell your shares immediately.
You may have to hold your shares for an extended period before realizing any profits, as the decision to sell or buy back the property lies with the homeowner, not UrbanWave.
Urby is not regulated by the Securities Commission.
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