- | P a g e
AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE II
LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||LATEST EXAM!!!!|| ||BRANDNEW!!!||
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) - Answer-270 square feet
An applicant is allowed to use what electronic devices during the real estate exam? - Answer-Hand-held calculator
Convert the following fraction to a decimal for ease of
computation: 31/25 - Answer-1.24
What is the general formula to determine Capital Gain? - Answer-Profit from Sale - Base Value = Capital Gain
A property owner borrows $490,000 at a 12% interest rate.How much interest accumulates in the first year?(Interest Rate = Interest / Principle) - Answer-$58,800 1 / 3
- | P a g e
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? - Answer-$784.87
What is the basic formula for determining the proration of fees? - 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? - Answer-4450 ft2
How many hours must an applicant provide that are acceptable and verifiable appraisal experience acquired over a minimum of 12 months? - Answer-1,500 hours
- / 3
- | P a g e
What is functional obsolescence? - 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? - 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? - 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 which type of appraisal? - Answer-Cost approach.
A CMA is what? - Answer-Comparative Market Analysis
- / 3