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Lease Rent Calculation and More -Study Guide with Solutions

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Lease Rent Calculation and More -Study Guide with Solutions

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Rent Calculation

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Rent Calculation

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Institution: Rent Calculation
Course: Rent Calculation

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Uploaded on: February 13, 2025
Number of pages: 2
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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lease rent calculation and more study guide with

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Lease Rent Calculation and More -Study
Guide with Solutions
Tax Requirement - ANSWER Tax requirement = Tax base x Rate

Commission Splits - ANSWER Determines earnings for each licensee in a sale

Total Commission - ANSWER Sale price x Commission rate

Co-brokerage Split - ANSWER Total commission x brokerage percent

Agent Commission - ANSWER Brokerage percent x Agent percent

Broker Commission - ANSWER Brokerage percent - Agent payment

Seller's Net - ANSWER Seller's profit after sale expenses

Minimum Listing Price - ANSWER Lowest price covering expenses and desired profit

Percentage Lease - ANSWER Landlord receives % of sales/profits as rent payment

Monthly Percentage Rent - ANSWER Rent = Sales x Percent Sales charged

Rent Escalations - ANSWER New rent = current rent x (100% + escalation rate)

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