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AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE II EXAM STUDY GUIDE WITH THE VERIFIED
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AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE II EXAM STUDY GUIDE WITH THE VERIFIED
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AYPO REALESTATE
PRINCIPLES OF
REAL ESTATE II
EXAM STUDY
GUIDE WITH THE
VERIFIED
SOLUTIONS
, If bthe bbase bside bof ba btriangular bplot bmeasures b45' band bthe bheight bline
bmeasures b12', bwhat bis bthe barea bof bthe bplot bin bsquare bfeet?([b bx bh] bx b½ b= bA)
b- bcorrect banswer-270 bsquare bfeet
An bapplicant bis ballowed bto buse bwhat belectronic bdevices bduring bthe breal bestate
bexam? b- bcorrect banswer-Hand-held bcalculator
Convert bthe bfollowing bfraction bto ba bdecimal bfor bease bof bcomputation: b31/25 b-
bcorrect banswer-1.24
What bis bthe bgeneral bformula bto bdetermine bCapital bGain? b- bcorrect banswer-
Profit bfrom bSale b- bBase bValue b= bCapital bGain
A bproperty bowner bborrows b$490,000 bat ba b12% binterest brate. bHow bmuch
binterest baccumulates bin bthe bfirst byear?(Interest bRate b= bInterest b/ bPrinciple) b-
bcorrect banswer-$58,800
A bproperty bowner bhas ba b20-year bmortgage bthat bis bworth b$97,500 bwith ba b7.5%
bannual binterest brate. bWhat bdoes bthe bproperty bowner bpay bin bmortgage
bpayments bevery bmonth? b- bcorrect banswer-$784.87
What bis bthe bbasic bformula bfor bdetermining bthe bproration bof bfees? b- bcorrect
banswer-Tax bor bFee bRate bx bRemaining bDays bor bMonths b= bTax bor bFee bOwed
A bhouse bhas b3 bdistinct brectangular bshapes:
A=20'x30'
B=10'x10'
C=75'x50'
What bis bthe bsquare bfootage btotal? b- bcorrect banswer-4450 bft2
How bmany bhours bmust ban bapplicant bprovide bthat bare bacceptable band bverifiable
bappraisal bexperience bacquired bover ba bminimum bof b12 bmonths? b- bcorrect
banswer-1,500 bhours
What bis bfunctional bobsolescence? b- bcorrect banswer-The bloss bof bproperty bvalue
bdue bto bqualities bof bthe bproperty bthat bcannot bbe beasily bchanged
What bis bthe bmost bprobable bprice bwhich ba bproperty bshould bbring bin ba
bcompetitive band bopen bmarket bunder ball bconditions brequisite bto ba bfair bsale, bthe
bbuyer band bseller beach bacting bprudently band bknowledgeably? b- bcorrect banswer-
Market bvalue
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