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16 Cards in this Set

  • Front
  • Back

whole


rate


part

3 components of percentage

whole X rate = Unknown


whole=3,000q ft house


rate= kitchen area 15%




3,000 x .15= 450 sq ft

calculating the unknown

part/whole = rate




part= down payment 100,000


whole= purchase 400,000


100,000/400,000= 25%


calculating the rate

part/rate= whole


part= 5 homes


rate= 25%


5/25%= 20

calculating the whole

(A-B) / B= C


new amount-old amount


old amount = % change

Percentage change

Price X Percent = total

Percentage calculations

Price + Percent= New total

greater Percent change

Price - Percent = New total

lesser Percent change

Price X Percent= New total

Increase/decrease to amount

Price/Percent = New total

increase future sell amount

feet/meters= room measurements and lot sizes




square feet/square meters= square footage of a house,condominium and commercial




acres/hectares= total & workable farm acreage and rural/rec vacant land and building lots

3 types Area of Measurements



The measurement of an area by its length (L) and width (W); e.g., a rectangular building 40' (12.19 m) x 33' (10.06 m) = 1,320 square feet (122.63 sq. metres). Area measurements can be complex given irregular sizes.

Area of measurements

A measurement method, endorsed by the Alliance for Canadian Real Estate Education (ACRE), setting out living area calculations for various styles of houses; e.g., one-storey, 1½ storey, bi-level and 2-storey.

Living area measurements

Standards of measurement methods and calculations widely used with commercial properties in Canada. BOMA is an acronym for Building Owners and Managers Association.

BOMA


Building owners and managers association

Total area enclosed by the finished surfaces of a tenanted space within a commercial building, as more specifically defined by generally-accepted measurement/calculation methods; e.g., the BOMA standard for measurement.

Useable area

The usable area of a tenanted space plus an allocation for common areas; e.g., common lobby, maintenance rooms and washrooms.

Rentable area