CA Real Estate Principles Course » 2021 » Section 5 Unit 3 Exam

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Question #1
Your client Frank is interested in selling a 54,450-square-foot lot. A comparable property in the vicinity sold for $3,500 per acre. What would be reasonable list price for Frank’s property?
A.   $3,500
B.   $4,375
C.   $4,955
D.   $5,250
Question #2
An area of 640 acres is equal to ______.
A.   One kilometer
B.   One hectare
C.   One township
D.   One square mile
Question #3
Margie needs to know the square footage for the first floor of the condo her client is interested in buying. The kitchen is 10 feet by 15 feet, the living/dining combo is 20 feet by 25 feet, and the office and bedroom are each 10 feet by 10 feet. What’s the total square footage?
A.   3,000 square feet
B.   750 square feet
C.   850 square feet
D.   2,200 square feet
Question #4
A lot measuring 108,900 square feet is for sale. How many acres is this?
A.   Two-and-a-half
B.   Three
C.   One
D.   Five

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