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AYPO REAL ESTATE PRINCIPLES OF REAL
ESTATE II 2026 100% PASS ASSURED
EXAMINATION SOLUTIONS
If the base side of a triangular plot measures
45' and the height line measures 12', what is
the area of the plot in square feet?([b x h] x
½ = A) - correct answer- 270 square feet
An applicant is allowed to use what electronic
devices during the real estate exam? - correct
answer- Hand-held calculator
Convert the following fraction to a decimal
for ease of computation: 31/25 - correct
answer- 1.24
What is the general formula to determine
Capital Gain? - correct answer- Profit from
Sale - Base Value = Capital Gain
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A property owner borrows $490,000 at a 12%
interest rate. How much interest accumulates
in the first year?(Interest Rate = Interest /
Principle) - correct answer- $58,800
A property owner has a 20-year mortgage that
is worth $97,500 with a 7.5% annual interest
rate. What does the property owner pay in
mortgage payments every month? - correct
answer- $784.87
What is the basic formula for determining the
proration of fees? - correct answer- Tax or
Fee Rate x Remaining Days or Months = Tax or
Fee Owed
A house has 3 distinct rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage total? - correct
answer- 4450 ft2
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How many hours must an applicant provide that
are acceptable and verifiable appraisal
experience acquired over a minimum of 12
months? - correct answer- 1,500 hours
What is functional obsolescence? - correct
answer- The loss of property value due to
qualities of the property that cannot be
easily changed
What is the most probable price which a
property should bring in a competitive and
open market under all conditions requisite to
a fair sale, the buyer and seller each acting
prudently and knowledgeably? - correct answer-
Market value
Which of the following objective value means
the value of a piece of property will rise or
fall because of a future benefit or a future
complication? - correct answer- Anticipation
Replacement cost, or the dollar amount it
would cost to construct at current prices a
structure that is not exactly the same is in
AYPO REAL ESTATE PRINCIPLES OF REAL
ESTATE II 2026 100% PASS ASSURED
EXAMINATION SOLUTIONS
If the base side of a triangular plot measures
45' and the height line measures 12', what is
the area of the plot in square feet?([b x h] x
½ = A) - correct answer- 270 square feet
An applicant is allowed to use what electronic
devices during the real estate exam? - correct
answer- Hand-held calculator
Convert the following fraction to a decimal
for ease of computation: 31/25 - correct
answer- 1.24
What is the general formula to determine
Capital Gain? - correct answer- Profit from
Sale - Base Value = Capital Gain
,2 | Page
A property owner borrows $490,000 at a 12%
interest rate. How much interest accumulates
in the first year?(Interest Rate = Interest /
Principle) - correct answer- $58,800
A property owner has a 20-year mortgage that
is worth $97,500 with a 7.5% annual interest
rate. What does the property owner pay in
mortgage payments every month? - correct
answer- $784.87
What is the basic formula for determining the
proration of fees? - correct answer- Tax or
Fee Rate x Remaining Days or Months = Tax or
Fee Owed
A house has 3 distinct rectangular shapes:
A=20'x30'
B=10'x10'
C=75'x50'
What is the square footage total? - correct
answer- 4450 ft2
, 3 | Page
How many hours must an applicant provide that
are acceptable and verifiable appraisal
experience acquired over a minimum of 12
months? - correct answer- 1,500 hours
What is functional obsolescence? - correct
answer- The loss of property value due to
qualities of the property that cannot be
easily changed
What is the most probable price which a
property should bring in a competitive and
open market under all conditions requisite to
a fair sale, the buyer and seller each acting
prudently and knowledgeably? - correct answer-
Market value
Which of the following objective value means
the value of a piece of property will rise or
fall because of a future benefit or a future
complication? - correct answer- Anticipation
Replacement cost, or the dollar amount it
would cost to construct at current prices a
structure that is not exactly the same is in
