Math FAQs

Question 1

A level surface or piece of ground; the size of a surface; the amount of a two-dimensional object.

Answer 1

Area

Question 2

The appraisal principle stating that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.

Answer 2

Balance

Question 3

A mathematical process for estimating the value of a property using a proper rate of return on the investment and the annual net operating income expected to be produced by the property. The formula is expressed as follows: income ÷ rate = value.

Answer 3

Capitalization

Question 4

The number written below the line in a fraction.

Answer 4

Denominator

Question 5

A number or quantity divided into another.

Answer 5

Divisor

Question 6

The measurement of a parcel of land by the number of feet of street or road frontage.

Answer 6

Front Footage

Question 7

The length of property along the street or waterfront.

Answer 7

Frontage

Question 8

Measurement in a straight line.

Answer 8

Linear Measurement

Question 9

The number written above the line of a fraction representing the number to be divided by the denominator.

Answer 9

Numerator

Question 10

One part in a hundred.

Answer 10

Percent

Question 11

The number resulting from dividing one number by another.

Answer 11

Quotient

Question 12

A year composed of 12 months, with each month consisting of 30 days, for a total of 360 days in the year. Also called a banker’s year.

Answer 12

Statutory Year

Question 13

A math tool used to solve percentage problems indicating what values to multiply or divide to arrive at the unknown value.

Answer 13

X-bar Method

Question 14

The amount of space of a three-dimensional object.

Answer 14

Volume