Real Estate Math Podcast

All of the following are sufficient to transfer an interest in real estate, except:

A subdivider needs to give a copy of the Real Estate Commissioner’s public report to:

Which of the following instruments does NOT transfer an interest in real property?

The annual percentage yield (APY) applies to:

Which of the following BEST defines real property?

A property has annual property taxes of $3,600. The seller paid taxes through December 31, but the sale closes on October 1. How much does the seller owe the buyer as a proration?

A buyer obtains a loan for $200,000 at 6% annual interest. What is the monthly interest payment for the first month?

A man died without a will and with no sur- viving relatives. His four-acre farm will

A property’s cost basis is most affected by an owner’s:

An investment property has a net operating income of $36,000 and a cap rate of 8%. What is the property value?

If a property has a net operating income of $60,000 and sells for $750,000, what is the capitalization rate?

A property sells for $350,000 in Florida. The documentary stamp tax on the deed is:

A broker earns 5% commission on a $600,000 sale. If the listing broker gets 60%, how much do they receive?

If a buyer and seller decide to rescind a deal after the deed has been recorded, the buyer is to:

In a deed that states “to Jonathon for his life,” the grantor has what type of interest?

A property in Arizona sells for $400,000. If the agent earns 3% on the first $100,000 and 2.5% on the remainder, what is the total commission?

The buyer gets a $280,000 mortgage in Florida. The intangible tax is:

Which of the following is of least interest to an appraiser?

A property sells for $800,000 in NYC. The transfer tax (state + city) is approximately:

A property sells for $300,000. The commission rate is 6%, split equally between listing and selling brokers. What does each broker receive?