Understanding Real Estate Math - CE Source
Understanding
Real Estate
Math
Presented by:
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UNDERSTANDING
REAL ESTATE
MATH
M CE
Published in the United States of America
By: State Continuing Education/CE Source LLC
1.800.943.5573
Copyright 2015: State Continuing Education/CE Source LLC. All rights reserved. No part of this
publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any
means, electronic, mechanical, photocopying, recording or otherwise, without the prior written
permission of the Publisher.
Although great effort has been made to ensure this publication contains accurate and timely
information, it is provided with the understanding that the author and publisher is not engaged in
rendering legal, accounting, tax, or other professional service. If professional advice is required, the
services of a competent advisor should be sought.
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Table of Contents
Chapter One....................................................................................................1
Measurements And Legal Descriptions ................................................................... 1
Measurement of Dimensions .............................................................................................................. 1
Linear Measurement ............................................................................................................................ 2
Irregular Lots ..................................................................................................................................... 2
Perimeter............................................................................................................................................. 2
Area ........................................................................................................................................................ 2
Area Example 1 ..............................................................................................................................................2
Area Example 2 ..............................................................................................................................................2
Area Example 3 ..............................................................................................................................................2
Squares ................................................................................................................................................ 3
Calculating Areas within Areas ...................................................................................................................4
Acres....................................................................................................................................................... 5
Converting Measurements to/from Feet .......................................................................................... 5
Converting Feet to Yards.................................................................................................................. 5
Converting Feet to Acres .................................................................................................................. 6
Front Feet ............................................................................................................................................ 6
Price Per Front Foot........................................................................................................................... 7
Price Per Front Foot Example ....................................................................................................................... 7
Area of Triangles .................................................................................................................................. 7
Triangular Area Example 1 .............................................................................................................. 8
Triangular Area Example 2 .............................................................................................................. 9
Cubic Measurements ........................................................................................................................... 9
Cubic Measurement Example ........................................................................................................ 10
Metric Equivalents ............................................................................................................................. 10
Metric Equivalent Example ........................................................................................................................ 10
Summary of Measurements .............................................................................................................. 11
Legal Descriptions .............................................................................................................................. 12
Metes-and-Bounds and Monument Descriptions.......................................................................... 13
Metes and Bounds Example 1........................................................................................................ 14
Metes and Bounds Example 2........................................................................................................ 14
Blocks and Lots ................................................................................................................................... 16
Plats ...................................................................................................................................................... 17
U.S. Government Survey System ..................................................................................................... 17
Township Sections ....................................................................................................................................... 18
Calculating Number of Acres in a Tract ................................................................................................... 20
Summary of Legal Descriptions ....................................................................................................... 21
Chapter Two .................................................................................................23
Percentages, Interest and Mortgages ....................................................................... 23
Percentages .......................................................................................................................................... 24
Calculating Percentage Problems.................................................................................................. 24
? State Continuing Education/CE Source LLC
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