Chapter 10A - Real Estate Math Flashcards
1
Q
Acre
A
43,560 square feet
2
Q
Commission
A
Price x rate = commission
Commission / rate = price
Commission / price = rate
3
Q
Cubic Feet
A
7.48 gallons, 27 cubic feet to a cubic yard
4
Q
Front Foot / Frontage
A
Measurement that faces the street. When measuring a lot, the frontage is always the first measurement.
5
Q
Hectacre
A
2.47 acres
6
Q
Interest
A
Cost of borrowing money.
7
Q
Net to Seller
A
Estimate of what a seller should receive after commission.
8
Q
Perimeter
A
Length around all sides of the lot
9
Q
Square Feet
A
43,560 square feet = 1 acre
10
Q
Principal
A
Balance of a loan
