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Real Estate Math Quiz 8 Questions And Answers | 2026 Update | With Complete Solution

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5 pages

Written in 2026/2027

Grade A+

kamaaalex47

REAL ESTATE MATH QUIZ 8 EXAM QUESTIONS AND ANSWERS A builder is subdividing a 4.5 acre tract into 50' x 100' lots. After allowing 71,020 square feet for streets, into how many lots can the tract be divided? - CORRECT ANSWER25

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2 pages

Written in 2025/2026

Grade A+

STANGRADES

REAL ESTATE MATH QUIZ EXAM QUESTIONS AND ANSWERS A buyer and seller close a transaction where the buyer was credited on their settlement statement for seller's portion of the anticipated yearly taxes of $4,212. The transaction closed on August 15th. When the buyer receives their tax bill with the new assessments for that year, the bill is for $8,100. How much more was this amount than the anticipated yearly tax amount the credit was originally determined from? - CORRECT ANSWER$1,360...

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6 pages

Written in 2025/2026

Grade A+

STANGRADES

Real Estate Math Quiz | Questions And Answers | 2026 Update | With Complete Solution

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6 pages

Written in 2025/2026

Grade A+

NursAid

REAL ESTATE MATH QUIZ QUESTIONS AND 100% CORRECT ANSWERS Q.Real Estate Commission: A real estate sales associate's agreement with their broker gives the sales associate 60% of all commissions earned by the firm. If a property sells for $145,000 and the firm earns a 6% commission, what would be the sales associate's share? A. $3,480 B. $5,220 C. $8,700 D. $9,870 - ANSWERS-B. $145,000 x 0.6 commission = $8,700. 60% of $8,700 = $5,220. Q.Net listing...

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17 pages

Written in 2025/2026

Grade A+

IszackBd

REAL ESTATE MATH EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 $42891 43,000 x 7% = 3,010. 3,010 / 12 = 250.8333 interest for that month 287 - 250.8333 = 36.1667 principal that month 43,000 - 36.1667 = 42,963.83 new principal of loan after the first payment 42,963.834 x 7% = 3007.4683 3,007.4683 / 12 = 250.6224 287 / 250.6224 = 36.3776 principal second month 42,963.834 / 36.3776 = 42,927.453 new principal of loan after the second payment 42,927.453 x 7% = 3004..9217 / 12 = 250..410...

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4 pages

Written in 2025/2026

Grade A+

TutorJosh

Real Estate Math Quiz | Questions And Answers | 2026 Update | With Complete Solution

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8 pages

Written in 2025/2026

Grade A+

EvaTee

Real Estate Math Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What was the price per front foot for a 100' x 125' lot that sold for $125,000. (the first number is front foot) 1. $1,250 2. $1,000 3. $556 4. $10 - Answer -1. $1,250 125,000÷100 = 1,250 If the bank makes 90% loan on a house valued at $88,500 how much additional cash is required as a down payment if the buyer has already paid $4,500 in earnest money 1. $3,500 2. $4,000 3. $4,350 4. $8...

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9 pages

Written in 2024/2025

Grade A+

AdelineJean

Real Estate Math Example Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Fencing comes in 5 foot sections. For a fence that is 120 feet long, how many fence posts are needed? - Answer -120/5=24 24+1= 25 (post for the end) How many square feet are in a room 15'6"x 30'9"? (inches-> feet) - Answer -6"/12= .5 ft + 15'= 15.5' wide 9"/12= .75 ft + 30 ft= 30.75' long 20.75x15.5= 476.625 sq ft Carpet costs $63 per square yard, what would it cost to...

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9 pages

Written in 2024/2025

Grade A+

AdelineJean

REAL ESTATE MATH EXAM 2024 WITH 100% CORRECT ANSWERS Types of Questions - correct answer (1) Percentage questions include commission, net listing, profit or loss, principal and interest, or interest only computations. (2) Square footage questions include how many lots or what size lot can be developed, and replacement costs. (3) Formula questions include memorizing formulas. They can be comparable sales appraisal questions or specific formulas for IRV, or taxable values. Real Esta...

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13 pages

Written in 2023/2024

Grade A+

YANCHY

What was the price per front foot for a 100' x 125' lot that sold for $125,000. (the first number is front foot) 1. $1,250 2. $1,000 3. $556 4. $10 - correct answer 1. $1,250 125,000÷100 = 1,250 If the bank makes 90% loan on a house valued at $88,500 how much additional cash is required as a down payment if the buyer has already paid $4,500 in earnest money 1. $3,500 2. $4,000 3. $4,350 4. $8,850 - correct answer 3. $4,350 P÷T×R 8,850÷88,500×90%-10% = $4,350 What did the selle...

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6 pages

Written in 2023/2024

Grade A+

YANCHY

REAL ESTATE MATH EXAM 2024 WITH 100% CORRECT ANSWERS The fastest way to calculate one month's interest on a real estate loan with an interest rate of 7.2% interest per annum is to multiply the principal balance by - correct answer 0.006 (7.2%/12) A duplex with a fair market value of $20,000 and an outstanding loan balance of $12,000 was exchanged for a four-plex with a market value of $35,000 and an outstanding $18,000 loan balance. The owner of the duplex would pay in cash or secondary...

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12 pages

Written in 2023/2024

Grade A+

YANCHY

Real Estate Math Problems Questions and Answers

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5 pages

Written in 2023/2024

Grade A+

AccurateScores

Real Estate Exam (Math Portion), Real Estate Math Practice Problems Question and answers already passed 2023/2024 A farmer is willing to pay $1,200 per acre. He is planning to buy the SE 1/4 of the SE 1/4 of the SE 1/4 of section 2. How much will he pay for the land? There are 640 acres in 1 section. $12,000 If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from the laundry facilities and extra storage is $700, what i...

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14 pages

Written in 2023/2024

Grade A+

Academia199

Real Estate Exam Math Portion Question and answers correctly solved 2023/2024 % to decimal move decimal 2 places to L OR divide by 100 decimal to % move decimal 2 places to R OR multiply by 100 Area rectangle= L x W square= L x W triangle= 1/2 (b x h)

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4 pages

Written in 2023/2024

Grade A+

Academia199

Real Estate Exam Math Questions (PSI) Question and answers correctly solved 2023/2024Margie needs to know the square footage for the first floor of the condo her client is interested in buying. The kitchen is 10 feet by 15 feet, the living/dining combo is 20 feet by 25 feet, and the office and bedroom are each 10 feet by 10 feet. What's the total square footage? Find the area of each room to get its square footage, then add the square footage of all four rooms. Kitchen = 150 sq. ft.; living/d...

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3 pages

Written in 2023/2024

Grade A+

Academia199

Real Estate Math Exam Question and answers already passed 2023/2024a. The fastest way to calculate one month's interest on a real estate loan with an interest rate of 7.2% interest per annum is to multiply the principal balance by: a. 0.0006 b. 0.6 c. 7.2% and divide by 12 d. 12 and divide by 7.2% c. A duplex with a fair market value of $20,000 and an outstanding loan balance of $12,000 was exchanged for a fourplex with a market value of $35,000 and an outstanding $18,000 loan bala...

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35 pages

Written in 2023/2024

Grade A+

Academia199