Real Estate MathIntermediateDelaware Exam
A lot is 0.75 acres. How many square feet is this?
A28,000 sq ft
B30,000 sq ft
C32,670 sq ftCorrect
D43,560 sq ft
Why 32,670 sq ft Is Correct
Answer C: 32,670 sq ft
0.75 acres × 43,560 sq ft/acre = 32,670 square feet.
Exam Tip: Real Estate Math
Math questions are formula-based. Memorize the key formulas: commission splits, proration, cap rate (NOI ÷ Value), GRM (Price ÷ Gross Rent), and LTV (Loan ÷ Value). Practice converting between annual and monthly figures.
People Also Study
Related Delaware Questions
- Under Delaware law, what is the minimum age requirement to obtain a real estate salesperson license?Delaware License Law
- Under Delaware law, a salesperson who wants to upgrade to a broker license must have how many years of active experience as a salesperson?Delaware License Law
- Under Delaware law, a salesperson who wants to upgrade to a broker license must have how many years of active experience as a salesperson?Delaware License Law
- Under Delaware law, a real estate salesperson license is issued by the Commission only after the candidate:Delaware License Law
- If a Delaware buyer's agent shows the buyer a property listed by their own firm, the minimum ethical requirement is to:Agency
- A 6-unit apartment building grosses $7,200 per month in rent. Annual operating expenses total $28,800. What is the annual net operating income?Real Estate Math
- A buyer puts 20% down on a $375,000 home and finances the rest. What is the loan amount?Real Estate Math
- An agent earned a 6% commission on a sale. The commission totaled $21,600. What was the sale price?Real Estate Math
State-Specific Concepts
License Law
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →