Prorations — Who Owes Whom

National · Real Estate Math — free cheat sheet for the real estate licensing exam.

🧮 Real Estate Math

📋 The 1-minute cheat sheet

Prepaid item (insurance, prepaid taxes): CREDIT seller, debit buyer
Accrued/unpaid item (taxes in arrears): DEBIT seller, credit buyer
Statutory year: 360 days/30-day months; actual: 365 — read which the question uses
Daily rate × days used = share
Seller usually owns closing day unless stated otherwise

Is Prorations — Who Owes Whom on the real estate exam?

Yes. Real Estate Math is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.