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Real Estate Brokers Exam
2. Math Equations
13
Real Estate & Planning
Graduate
04/21/2013

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Cards

Term
Interest Formula
Definition
Interest = Principal x Rate x Time
Term
Un-Amortized Loan
Definition
Interest only (Straight note)
Term
Plus Interest Note
Definition
Payments of a fixed amount of principal plus interest added
Term
Including Interest Note
Definition
included P and I
Term
Metes & Bound
Definition
Irregular shaped, most difficult, metes (ft, yard, rods, links), bounds (sts, rivers, treams)
Term
Lot, Tract and Recorded Map
Definition
Lot 1, Block 2 of recorded map
Term
Government Survey
Definition
US Rectangular Survey (Township, Range, etc)
Term
Township
Definition
6 miles square, 36 sections, numbering like snake (right to left), 24 mile perimeter
Term
Sections
Definition
1 mi square, 640 acres
Term
3 Base & Meridian Section
Definition
North (Humboldt), Central (Mt Diablo), South (San Bernardino)
Term
1 side of Square Acre
Definition
208.7 ft
Term
Lineal ft in a mile
Definition
5,280 ft
Term
Rods in a mile
Definition
1 rod = 16.5 ft, 320 rods in a mile
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