Oregon Real Estate Exam — Deck 7: Real
Estate Math & Formulas | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
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Delinquency Date (Oregon)
Choose an answer
$400,000 sale × 6% =
A unit of land area equal to
1 2 $24,000; listing/selling split
43,560 square feet.
50/50 = $12,000 each.
(Assessed Value ÷ 1,000) ×
3 Mill Rate = Annual Property 4
, Tax. Final tax installment due May
15; delinquent May 16.
Don't know?
Terms in this set (38)
A unit of land area equal to Acre
43,560 square feet.
Formula: Length × Width. Area (Square Footage)
Example: 40 ft × 30 ft = 1,200
sq ft.
Value placed on property for Assessed Value
tax purposes; in Oregon,
limited by Measure 50 to
increase 3% per year.
Property tax rate expressed Mill Rate
per $1,000 of assessed value.
Example: 18 mills = $18 per
$1,000.
(Assessed Value ÷ 1,000) × Mill Property Tax Formula
Rate = Annual Property Tax.
Estate Math & Formulas | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
Save
Practice questions for this set
Learn 1 /7 Study using Learn
Delinquency Date (Oregon)
Choose an answer
$400,000 sale × 6% =
A unit of land area equal to
1 2 $24,000; listing/selling split
43,560 square feet.
50/50 = $12,000 each.
(Assessed Value ÷ 1,000) ×
3 Mill Rate = Annual Property 4
, Tax. Final tax installment due May
15; delinquent May 16.
Don't know?
Terms in this set (38)
A unit of land area equal to Acre
43,560 square feet.
Formula: Length × Width. Area (Square Footage)
Example: 40 ft × 30 ft = 1,200
sq ft.
Value placed on property for Assessed Value
tax purposes; in Oregon,
limited by Measure 50 to
increase 3% per year.
Property tax rate expressed Mill Rate
per $1,000 of assessed value.
Example: 18 mills = $18 per
$1,000.
(Assessed Value ÷ 1,000) × Mill Property Tax Formula
Rate = Annual Property Tax.
