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Florida Real Estate Course
Chapter 15
Florida Real Estate Practice Question
You owned 5/8 of a property. You were paid $850,000 for your share of the property when it sold. How much did the property sell for?
Answer choices
A
. $531,250
B
$1,360,000
C
$1,416,666
D
$2,266,666
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Florida Closing Math: Debits, Credits and Prorations
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