Real Estate Math
A Louisiana property manager charges a leasing fee of one month's rent for new tenant placement. A unit rents for $1,150/month. What is the leasing fee?
A$575.00
B$1,150.00✓ Correct
C$1,725.00
D$345.00
Explanation
Leasing fee = 1 month's rent = $1,150.00.
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