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AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE II
LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||LATEST EXAM!!!!|| ||BRANDNEW!!!||
If the base side of a triangular 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) - Answer-270 square feet
An applicant is allowed to use what electronic devices
during the real estate exam? - Answer-Hand-held
calculator
Convert the following fraction to a decimal for ease of
computation: 31/25 - Answer-1.24
What is the general formula to determine Capital Gain? -
Answer-Profit from Sale - Base Value = Capital Gain
A property owner borrows $490,000 at a 12% interest rate.
How much interest accumulates in the first year?(Interest
Rate = Interest / Principle) - Answer-$58,800
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A property owner has a 20-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? -
Answer-$784.87
What is the basic formula for determining the proration of
fees? - Answer-Tax or Fee Rate x Remaining Days or
Months = Tax or Fee Owed
A house has 3 distinct rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage total? - Answer-4450 ft2
How many hours must an applicant provide that are
acceptable and verifiable appraisal experience acquired
over a minimum of 12 months? - Answer-1,500 hours
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What is functional obsolescence? - Answer-The loss of
property value due to qualities of the property that cannot
be easily changed
What is the most probable 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? - Answer-
Market value
Which of the following objective value means the value of
a piece of property will rise or fall because of a future
benefit or a future complication? - Answer-Anticipation
Replacement cost, or the dollar amount it would cost to
construct at current prices a structure that is not exactly
the same is in which type of appraisal? - Answer-Cost
approach.
A CMA is what? - Answer-Comparative Market Analysis
AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE II
LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||LATEST EXAM!!!!|| ||BRANDNEW!!!||
If the base side of a triangular 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) - Answer-270 square feet
An applicant is allowed to use what electronic devices
during the real estate exam? - Answer-Hand-held
calculator
Convert the following fraction to a decimal for ease of
computation: 31/25 - Answer-1.24
What is the general formula to determine Capital Gain? -
Answer-Profit from Sale - Base Value = Capital Gain
A property owner borrows $490,000 at a 12% interest rate.
How much interest accumulates in the first year?(Interest
Rate = Interest / Principle) - Answer-$58,800
,2|Page
A property owner has a 20-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? -
Answer-$784.87
What is the basic formula for determining the proration of
fees? - Answer-Tax or Fee Rate x Remaining Days or
Months = Tax or Fee Owed
A house has 3 distinct rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage total? - Answer-4450 ft2
How many hours must an applicant provide that are
acceptable and verifiable appraisal experience acquired
over a minimum of 12 months? - Answer-1,500 hours
, 3|Page
What is functional obsolescence? - Answer-The loss of
property value due to qualities of the property that cannot
be easily changed
What is the most probable 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? - Answer-
Market value
Which of the following objective value means the value of
a piece of property will rise or fall because of a future
benefit or a future complication? - Answer-Anticipation
Replacement cost, or the dollar amount it would cost to
construct at current prices a structure that is not exactly
the same is in which type of appraisal? - Answer-Cost
approach.
A CMA is what? - Answer-Comparative Market Analysis
