Real Estate Math
A Kansas property manager charges a leasing fee of one month's rent for finding a new tenant. If the monthly rent is $1,350, what is the leasing fee?
A$675
B$1,000
C$1,350✓ Correct
D$1,620
Explanation
Leasing fee = 1 month's rent = $1,350. Using the values given ($1,350,), apply the appropriate formula.. The correct answer is $1,350.. This is a common calculation on the Kansas real estate exam.
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