AYPO Real Estate Principles of Real Estate II
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Questions & Answers for Guaranteed Pass |
Newest Update, 2025-2026.
Terms in this set (115
If the base side of a triangular 270 square feet
plot measures 45' and the
height line measures 12',
what is the area of the plot in
square feet?([b x h] x ½ = A)
An applicant is allowed to Hand-held calculator
use what electronic devices
during the real estate exam?
Convert the following 1.24
fraction to a decimal for
ease of computation:
31/25
What is the general Profit from Sale - Base Value = Capital Gain
formula to determine
Capital Gain?
$58,800
A property owner borrows
$490,000 at a 12% interest
rate. How much interest
accumulates in the first year?
(Interest Rate = Interest /
Principle)
,A property owner has a 20- $784.87
year mortgage that is worth
$97,500 with a 7.5% annual
interest rate. What does the
property owner pay in
mortgage payments every
month?
What is the basic formula Tax or Fee Rate x Remaining Days or Months = Tax or
for determining the Fee Owed
proration of fees?
A house has 3 distinct 4450 ft2
rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage
total?
How many hours must an 1,500 hours
applicant provide that are
acceptable and verifiable
appraisal experience
acquired over a minimum of
12 months?
What is functional The loss of property value due to qualities of the property that
obsolescence? cannot be easily changed
, What is the most probable Market value
price which a property should
bring in a competitive and
open market under all
conditions requisite to a fair
sale, the buyer and seller
each acting prudently and
knowledgeably?
Which of the following Anticipation
objective value means the
value of a piece of property
will rise or fall because of a
future benefit or a future
complication?
Replacement cost, or the Cost approach.
dollar amount it would cost
to construct at current prices
a structure that is not exactly
the same is in which type of
appraisal?
A CMA is what? Comparative Market Analysis
Origination points.
What are fees paid to the
lender to compensate the
loan company or bank for
evaluating, processing, and
approving a mortgage?
Exam Study Guide / Expert Verified Actual
Questions & Answers for Guaranteed Pass |
Newest Update, 2025-2026.
Terms in this set (115
If the base side of a triangular 270 square feet
plot measures 45' and the
height line measures 12',
what is the area of the plot in
square feet?([b x h] x ½ = A)
An applicant is allowed to Hand-held calculator
use what electronic devices
during the real estate exam?
Convert the following 1.24
fraction to a decimal for
ease of computation:
31/25
What is the general Profit from Sale - Base Value = Capital Gain
formula to determine
Capital Gain?
$58,800
A property owner borrows
$490,000 at a 12% interest
rate. How much interest
accumulates in the first year?
(Interest Rate = Interest /
Principle)
,A property owner has a 20- $784.87
year mortgage that is worth
$97,500 with a 7.5% annual
interest rate. What does the
property owner pay in
mortgage payments every
month?
What is the basic formula Tax or Fee Rate x Remaining Days or Months = Tax or
for determining the Fee Owed
proration of fees?
A house has 3 distinct 4450 ft2
rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage
total?
How many hours must an 1,500 hours
applicant provide that are
acceptable and verifiable
appraisal experience
acquired over a minimum of
12 months?
What is functional The loss of property value due to qualities of the property that
obsolescence? cannot be easily changed
, What is the most probable Market value
price which a property should
bring in a competitive and
open market under all
conditions requisite to a fair
sale, the buyer and seller
each acting prudently and
knowledgeably?
Which of the following Anticipation
objective value means the
value of a piece of property
will rise or fall because of a
future benefit or a future
complication?
Replacement cost, or the Cost approach.
dollar amount it would cost
to construct at current prices
a structure that is not exactly
the same is in which type of
appraisal?
A CMA is what? Comparative Market Analysis
Origination points.
What are fees paid to the
lender to compensate the
loan company or bank for
evaluating, processing, and
approving a mortgage?
