NY REAL ESTATE SALESPERSON FINAL EXAM
2026/2027 BANK 2 VERSIONS AND STUDY GUIDE
EXAM CURRENTLY TESTING EXAM QUESTIONS
WITH DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS /ALREADY GRADED A+|BRAND
NEW!!
How do you calculate rent for commercial properties? -
....ANSWER...Example: If a space is $8 per square foot
and the space is a total of 600 square feet, then the the
monthly rent would be $4000.
$8 x 6000 sqft = $4800 annual
$4800/12 months = $4000
Loss Factor or LOAD - ....ANSWER...The ratio of
rentable space to usable space
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How do you calculate Loss Factor (Load) -
....ANSWER...(Rentable Sq Ft - Usable Sq Ft) / Rentbale
Sq Ft = Loss Factor
Example: Bldg has 10,000 sq ft and 8,000 sq ft is usable
sq ft, 20% Loss Factor
,(10,000 - 8,000) / 10,000 = .20 or 20%
How do you calculate building efficiency -
....ANSWER...Usable Sq Ft / Rentable Sq ft = Building
Efficiency
Example: Bldg has 10,000 sq ft and 8,000 sq ft is usable
sq ft, 80% Building Efficiency
8,,000 = .80 0r 80%
What is a management