Real Estate Math
A Kansas commercial property has 10,000 sq ft. Usable square footage is 8,500 sq ft. What is the load factor (add-on factor)?
A10%
B15%
C17.6%✓ Correct
D20%
Explanation
Load factor = (Rentable - Usable) ÷ Usable = (10,000 - 8,500) ÷ 8,500 = 1,500 ÷ 8,500 = 17.6%. Apply the appropriate real estate math formula to arrive at the answer.. The correct answer is 17.6%.. This is a common calculation on the Kansas real estate exam.
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