Real Estate Math
A South Carolina lot is 1.5 acres. How many square feet is this?
A43,560 sq ft
B52,272 sq ft
C65,340 sq ft✓ Correct
D73,500 sq ft
Explanation
1 acre = 43,560 sq ft. 1.5 acres = 1.5 × 43,560 = 65,340 sq ft. Remember: 1 acre = 43,560 square feet. Multiply or divide as needed to convert between units.. The correct answer is 65,340 sq ft.. This is a common calculation on the South Carolina real estate exam.
Related South Carolina Real Estate Math Questions
- A South Carolina agent earns 2.4% on the purchase side of a $375,000 transaction. What is the commission?
- A South Carolina investor wants a 10% return on investment. They paid $385,000 for a property. What annual NOI is needed?
- A South Carolina home appreciates from $290,000 to $328,700. What is the percentage increase?
- A South Carolina broker earns a 3% listing commission on a $520,000 sale. If the broker pays their salesperson 55% of the listing side, how much does the salesperson receive?
- A South Carolina building has 8,000 sq ft of gross leasable area (GLA). It is 92% occupied at $22/sq ft/year (NNN). What is the annual base rent from occupied space?
- A Myrtle Beach property manager charges 9% of collected monthly rents. Monthly collections are $22,000. What is the annual management fee?
- A rental property in South Carolina has a potential gross income of $45,000/year. With a 6% vacancy and $16,200 operating expenses, what is the NOI?
- What is the monthly interest for a $180,000 mortgage at 5.5% annual interest?
Practice More South Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Carolina Quiz →