Unit 14: Real Estate-Related Computations and Closing of Transactions Flashcards

1
Q

Calculate Sales Commission

A

Complete

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2
Q

Calculate the Percentage of Profit or Loss

A

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3
Q

Define a Walk-through

A

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4
Q

Calculate State Transfer Taxes - New & Assumed Note and doc stamp taxes.

A

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5
Q

Calculate Intangible Tax

A

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6
Q

Rules of Thumb

A

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7
Q

Debits & Credits

A

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8
Q

Purchase Price

A

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9
Q

Unpaid property tax proration

A

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10
Q

Interest on an Assumed Mortgage

A

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11
Q

Earnest Money Deposit

A

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