Real Estate Math
A Kansas commercial tenant occupies 4,500 sq ft in a 30,000 sq ft building. The annual operating expenses are $90,000. What is the tenant's pro-rata share of expenses?
A$13,500✓ Correct
B$12,000
C$15,000
D$16,000
Explanation
Pro-rata share = 4,500/30,000 = 15%. Tenant's share = $90,000 × 0.15 = $13,500. Using the values given ($90,000), apply the appropriate formula.. The correct answer is $13,500.. This is a common calculation on the Kansas real estate exam.
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