Exam (elaborations)
GA Real Estate Math(SOLVED)
- Course
- Institution
GA Real Estate Math(SOLVED)
[Show more]
Content preview
GA Real EstateMath(SOLVED)
How many sq ft in an acre? - answer 43,560 sq ft
How many acres in a section? - answer 640 acres
How many feet in a mile? - answer 5,280 feet
Gross - answer SP ÷ rent
Estimated Value - answer rent × gross
Loan Amount - answer SP × Loan to value (LTV)
Down Payment - answer SP − LA
Annual Interest - answer LA × %
, Intangible Tax - answer $1.50 for each $500
Equation
Accrued Interest - answer (LB × %) ÷ (360 × # of
days owed)
Transfer Tax - answer $ .10 for each $100
Interest adjustment - answer DOM - closing date
+1
Who is responsible for the day of closing is a
proration is between buyer and seller? - answer
Seller
What is the due and payable date used in the
course for property taxes? - answer July 1st
Is the closing is on April 28th, what is true about
the property tax proration? - answer The seller
owes the buyer a prorated amount
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BRAINBOOSTERS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83100 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now