Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ace paid the annual tax of $ 5 1 6 . for his house on January 1 , 1 9 6 y . On July
"Ace" paid the annual tax of $ for his house on January
On July he sold his house to "Flop". How much would the tax
credit be and who would receive it
The sales price of a house is $ The FHA will insure
of the first $ and of the balance. How much of the
sales price is insurable?
Salesman Scott sold a house for $ The gross commission was
of the sale pri.e The listing agent received of the gross
commission and saleman scoit received or the net commission.
How much was Scott's cormission?
Salesman Scott received $ rev elling a property. If the cross
commission was of the sala price, the listing salesman received
of the gross commission and Scrit received of the ballunce,
how much did the property sell for?
Broker A leased a property for years at an annual rentel or $
He was to receiva commission of for the rirst year, himext
year, the next years and for the remaining years. What
would his trotal cominission be
A house sold for $ aind the seller agreed to pay the linting brencr
The isting salesman received of gross and the selling salciman
received of the net commission. How much wolld the broker liave
after everyone was paia?
"Capitalist" invested $ in an apartment building. The rentai
incoine is a follows:
Annual expenses are as follows:
Commission of gross net
What would "Capitalist's" annual rate of return yield be
A property at the end of three years was valued at $ It had
depreciated during each of the three years. What was the original
value?
"Clever" owned two lots each with frontage by deep
for which he paid $ each. He subdjuided them into three lots
and sold each for $ He paid a broker commission. How much
did he receive per front foot for the lots and what percent of profit
did he make?
The cost of two houses was $ If one house cost more than
the other, how much did the higher priced house cost?"Ace" paid the annual tax of $ for his house on January y
On July he sold his house to "Flop". How much would the tax
credit be and who would receive it
The sales price of a house is $ The FHA will insure
of the first $ and of the balance. How much of the
sales price is insurable?
Salesman Scott sold a house for $ The gross commission was
of the sale pri.e The listing agent received of the gross
commission and saleman scoit received or the net commission.
How inucli was Scott's cormission?
Salesman Scott received $ rev elling a property. If the cross
commission was of the sala price, the listing salesman received
of the gross commission ard Scrit received of the ballance,
how much did the property sell for?
Broker A leased a property for years at an annual rentel of $
He was to receiva a commission of for the rirst year, :
year, the next years and for the remaining years. What
would his trotal cominission be
A house sold for $ aind the seller agreed to pay the linting brincr
The isting salesman received of gross and the selling salciman
received of the net commission. How much wolld the broker liave
after everyone was paia?
"Capitalist" invested $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started