Georgia real estate math - Study guides, Class notes & Summaries

Intangible taxes are charged against the amount new funds burrowed by the buyer (less any part of the seller's loan assumed by the buyer). Alex bought a condo for $110,750 and put $11,500 down. What would the intangible recording tax be? $110,750 - $11,500= $99,250 in new debt/ 500= $198.50 (round up to $199) x $1.50= $298.50 Dain and Sherly's home sold for $751,150. They owe $675,900 on their mortgage. What will their net be after they pay $24,500 in expenses and a 6.8% commission? C...

intangibles rax purchase price -% loan value ÷by 500 ×1.50 percent of profit profit amount ÷ by cost transfer tax purchase price (- assumed loan) ÷ by 100 × .10 area length × width area of a triangle base × height ÷ by 2 market data solution comp price × weight % comp price × weight % add and round percentages "T" part percent / total capitalization rate "T" net income value / cap rate square feet in a mile 5...

What must happen with all funds in a sale - ️️All money that belongs to clients or customers must be deposited in the brokerage trust fund as soon as possible ASAP after receipt . A property's value is $ 125,000 and its land value is $ 10,000 . Assuming a depreciation term of 35 years , what is the amount of annual depreciation ? - ️️depreciation ? Total value $ 125,000- $ 10,000 land = $115,000 improvements / 35 years = $ 3,286 annual depreciation 21. MATH PROBLEM : GROSS RENT MU...

A certificate of occupancy is issued by a governmental authority to indicate that: - a building is ready and fit for inhabitants A client request or instruction that is either illegal or unethical does not fall under the duty of: - obedience (The duty of obedience does not apply when the principal's requests or instructions are illegal or unethical in any way.) A non-amortizing loan of $95,000 has an interest rate of 4.5%. How much will be paid in interest over the year? - $4,275 (0.045 x...

Based on what you know about how social problems are constructed, which social issue is most likely to be considered a social problem? a. Lead is discovered in the drinking water of the poor section of town. b. A large corporation's most popular product is found to cause cancer. c. Several gang-related burglaries occur in a gated community. d. Millions of people go bankrupt each year because they cannot afford healthcare. - correct answer c. Several gang-related burglaries occur in a gated ...

Chapter 02 The Employment Law Toolkit: Resources for Understanding the Law and Recurring Legal Concepts True / False Questions 1. (p. 43) The American legal system is based on stare decisis, a system of using legal precedent. TRUE Difficulty: 1 Easy 2. (p. 44) An appellee is the party who appealed the case to the court of appeals. FALSE Difficulty: 1 Easy 3. (p. 44, 46) If the plaintiff cannot establish a prima facie case in a Title VII lawsuit, the claim ...

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Ch. 34 Scientific Awakening Commonly called the Scientific Revolution Roughly 1550-1750 Science was originally called natural philosophy Revolution in thinking and methodology (experimenting) Laid basis for modern view of the world as a rational ordered place Shifted the nature of discourse from reason (deductive) to empirical (inductive) Influence felt in government, commerce, philosophy, education and ordinary discourse Science seeks to understand what nature is like Tech...

NR328 Final Exam (162 Q/A) / NR 328 Final Exam (Latest-2022): Chamberlain College of Nursing |Verified and 100% Correct Q & A| NR328 Final Exam ( 162 Q/A) / NR 328 Final Exam (Latest): Chamberlain College of Nursing 1. (TCO 1) Which of the following is the best example of an off-time event that could have negative effects upon an individual's development? @ Chapter 1, page 8 a. The deaths of elderly parents b. Being divorced at the age of 25 *c. The death of one's spouse at the a...