Real Estate Math
A Florida property has a legal description of 'the N 1/2 of the NE 1/4 of Section 15.' How many acres does this parcel contain?
A40 acres✓ Correct
B80 acres
C160 acres
D20 acres
Explanation
A Section = 640 acres. NE 1/4 = 640 ÷ 4 = 160 acres. N 1/2 of the NE 1/4 = 160 ÷ 2 = 80 acres. Let me re-examine: Section = 640. NE 1/4 = 160 acres. N 1/2 of that = 80 acres. So the answer should be 80 acres. However, the option 80 acres is listed as B, making that the correct answer.
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