General - Chapter 10 Lesson 1

Question 1

one square year

Answer 1

9 square feet

Question 2

1 mile

Answer 2

5280 linear feet`

Question 3

1 acre

Answer 3

43560 square feet

Question 4

Area measurement gives you the…

Answer 4

square footage (L*W)

Question 5

A=

Answer 5

L*W

Question 6

A(of triangle)=

Answer 6

1/2(B*H)

Question 7

Square footage provides prospective buyers and tenants - as well as lenders and appraisers…

Answer 7

a point of comparison with other properties

Question 8

When measuring residential property who sets guidelines…

Answer 8

American National Standards Institute (ANSI)

Question 9

Where should you measure according to ANSI

Answer 9

exterior finished surface inwards, only including heated, finished living areas above ground level

Question 10

Gross living area

Answer 10

livable square footage and what’s measured

Question 11

in commercial real estate rent is generally calculated based on…

Answer 11

rentable square footage, total floor area

Question 12

Usable square footage

Answer 12

amount of actual space within the perimeter of the defined space occupied by a specific tenant

Question 13

Acreage

Answer 13

surveyor’s measurement that describes a particular unit of area

Question 14

Acreage=

Answer 14

Square feet/43560

Question 15

linear measurement allows you to determine the _______ of something

Answer 15

length (most often perimeter)

Question 16

Frontage

Answer 16

portion of the parcel that faces a feature (street, water, or rail line)

Question 17

Frontage is the ______ number listed

Answer 17

first

Question 18

Frontage may be…

Answer 18

more valuable than area (commercial and waterfront property)