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  • 問題数 139 • 2/6/2025

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    問題一覧

  • 1

    The process of sealing off asbestos is called

    Encapsulation

  • 2

    When both parties to purchase a contract, decide to mutually cancel this is called

    Recession

  • 3

    A broker obtains a verbal exclusive right to sell listing for four months. The listing is usually.

    Unenforceable

  • 4

    All of the following environmental concerns have been proven to cause health hazards, except

    Electromagnetic field

  • 5

    What is the maximum number of hours of continuous education classes can a licensee take in one day

    9

  • 6

    Which section in a Township is always dedicated for school purposes

    Section 16

  • 7

    Parking spaces and multi unit buildings, water, rights, and similar things of value are classified as

    Appurtenancees

  • 8

    If a buyer backs out of an agreement to buy because he is, she changes his or her mind

    All of the above

  • 9

    A homeowner should have a certified inspector check around showers, toilet sinks, air conditioners, for which environmental concern

    Mold

  • 10

    What was the sales price of a property whose owner paid a 6000 commission at a 6% rate?

    $100,000

  • 11

    Jake has been crossing over Benny’s land to get to the lake for over 10 years without Benny’s permission. Jake can acquire the legal right to use by which of the following.

    Eastment by prescription

  • 12

    What law gives real estate licenses in Arizona the right to draft contract without charging for those services

    Article 26

  • 13

    The term that means no to parcels are exactly alike is

    Nonhomogeneity

  • 14

    Bowling alley store, shelves, and restaurant equipment are examples of which of the following

    Trade fixtures

  • 15

    A license is an example of

    temporary use right

  • 16

    Which of the following is not a public accommodation under the Americans with disability act

    a home in a subdivision

  • 17

    A fair housing violation has been filed with HUD. The person who Has been violated May like to have the case heard by

    An administrative judge

  • 18

    The legal system that uses physical markers to describe a parcel of land is the

    Meets and bounds system

  • 19

    Under the statue of frauds, all contracts for the sale of real estate must be

    In writing to be enforceable

  • 20

    Type one water rights are associated with the land that is permanently, retired from farming, and converted to a none irrigation use may be conveyed

    With the land only

  • 21

    Donna lives in a subdivision and has hired Rhonda to list her house. Can Donna HOA restrict the placement of a for sale sign in the front of the home

    No, an association must allow the placement of a for sale sign

  • 22

    Which of the following statements is true?

    All liens are encumbrances

  • 23

    What happens to your real estate license upon payment from the recovery fund?

    Terminated

  • 24

    The project that brings water from the Colorado River to urban areas in Central Arizona By way of massive 336 Mile canal system is called.

    Central Arizona Project

  • 25

    Real property can become personal by

    Severance

  • 26

    What kind of listing agreement is illegal in most states because of the potential for conflict of interest between a brokers fiduciary responsibility to the seller and the brokers profit motive

    Net list

  • 27

    A physical characteristic of land is

    Both B & C

  • 28

    A seller has sold this property to a friend without the services of a real estate broker. The seller still owes the broker commission because the seller signed a

    Exclusive right to sell listing

  • 29

    A person has how long to file a housing discrimination, complaint with HUD

    One year

  • 30

    Which party would a unilateral contract be enforceable against

    Optionor

  • 31

    Wetlands Makeup, what percentage of Arizona’s landscape?

    less than 1%

  • 32

    How many acres in a section?

    640

  • 33

    An easement is most likely terminated by

    Abandonment

  • 34

    A shopping mall is what type of real estate

    Commercial

  • 35

    Families with children under the age of 18. Familia status became a protected class, by which of the following

    Fair housing amendment of 1988

  • 36

    When land is to be condemned under the power of eninment domain, which of the following must apply?

    the taking must be for public use

  • 37

    Betty has a lease that began on July 1, 2023 and ended on July 31, 2023. What type of lease state did Betty have?

    An estate for years

  • 38

    In the typical purchase of a home, the offeror would most likely be the

    Mortgagor

  • 39

    In order to form a REIT, you need a minimum of how many investors

    100

  • 40

    Who appoints the real estate advisory board?

    The governor

  • 41

    Which of the following can an unlicensed assistant not do?

    Perform a walk-through inspection

  • 42

    The 1968 federal fair housing act does not cover discrimination based on

    Maritial status

  • 43

    A license shall not describe a premium offered and no cost or reduced cost to promote Cell or leasing as a

    both A and C

  • 44

    who administrators the fair housing in Arizona

    Arizona Attorney General

  • 45

    Can an association prohibit the installation of solar energy devices

    An association can adopt a reasonable rules regarding the placement of solar devices

  • 46

    A long, narrow, opening or line of breakage made by cracking or splitting, especially in rock, or earth is called

    Fissures

  • 47

    Which of the following is not a category for continued education

    Safety

  • 48

    Who are the parties to a listing agreement?

    Seller and broker

  • 49

    How many square miles are contained in a township

    36

  • 50

    The seller has died before the real estate transaction is close. The contract is considered to be.

    Enforceable

  • 51

    When can he home when I refuse to sell a home to someone of another race?

    The homeowner can never discriminate on the bias of race

  • 52

    A broker can have how much of their own money in the brokerage trust account

    $3000

  • 53

    In Arizona, how many years are transaction records kept from completion of the transaction?

    5 years

  • 54

    The lead based paint, hazard reduction act, applies to all homes built before

    1978

  • 55

    The purchaser of any of the following units could have a fee simple interest except for the purchase of a

    Cooperative

  • 56

    A homeowner may be allowed certain protection from judgments of creditors, by which of the following

    Homestead rights

  • 57

    The phrase procuring cause is most significant to the seller in relation to a

    Exclusive agency listing

  • 58

    The name of our State Super fund Sites is called

    WQARF

  • 59

    Josephine has permission from Ryan to hike on his property during the summer months. Josephine has a.

    License

  • 60

    Which of the following is an essential requirement for a valid contract?

    Competent parties

  • 61

    Death of either the principle or the broker terminates the

    Listing contract

  • 62

    Property management, Appraisal, Financing and development are all

    Separate professions within the real estate industry

  • 63

    Arizona rejected offers are kept for how many years

    1 year

  • 64

    Personal property that now becomes real property is called

    Annexation

  • 65

    Bob Julie and Lena were co-owners of a parcel of real estate. Bob died and has interest in the property passed according to his will Bob was a.

    tenant in common

  • 66

    Three people are joint tenants in tract of land. One owner conveys interest to a friend which statement is true.

    The first two owners remain joint Tenants

  • 67

    A landlord, and legally refuse to rent a prospective tenant, because of which of the following

    The tenant is a drug addict

  • 68

    In Arizona home, inspectors must be licensed by

    Arizona State Board of technical registration

  • 69

    In Arizona, how long is the recession on a timeshare sale?

    10 calendar days

  • 70

    Buyer James and seller Lindsay have agreed to mutual assent this becomes indicated by

    Offer and acceptance

  • 71

    Final decision on a properties listed price should be made by the

    Seller

  • 72

    The one common element that both Tenancy in common and joint Tenancy share is

    Possession

  • 73

    A under ref, refusing to learn money to homebuyers in a predominately. African-American neighborhood is a violation of.

    redlining

  • 74

    A contract is said to be bilateral if

    All parties to the contract exchange binding promises

  • 75

    Error and omission insurance would typically cover the following

    Estimating market value

  • 76

    A class and a sales contract that requires punctual performance is described as a

    Time is of the essence

  • 77

    The licensee has how many days to respond to the departments notice of an investigation being initiated

    14 days

  • 78

    If the home has radon issues, the source of the radon would generally enter the house through

    Basement

  • 79

    A property was deed to a buyer with a stipulation that it can only be used for residential purposes conveyes a

    Difeasible fee estate

  • 80

    Crops are grown land and require annual planting and cultivation are called

    Emblements

  • 81

    Can a licensee get paid for performing broker price opinion

    Yes, if payment is paid to the employee broker

  • 82

    Which of the following must be present for an appurtenant easement to exist?

    To adjacent parcel, two owners

  • 83

    Every two years a licensee must have how many hours of continued education

    24 hours

  • 84

    If two licenses have an issue with their commission, what must they do?

    Allow the deal to close

  • 85

    Billy is building a brand new enclosed porch on his home a truckload of lumber that he purchased has been left on his driveway for you and building the porch at this point the lumber is considered to be

    Personal Property

  • 86

    A REALTOR is best described as an individual who is

    A member of The national Association of REALTORS

  • 87

    To aid in the sale of manufactured home on a rental pad in Arizona person must hold

    A license from the Arizona Department of housing

  • 88

    A contract that has been agreed to buy the actions of the parties is called

    Implied

  • 89

    Which of the following is included in the definition of real estate, but not the definition of land

    Fixtures on the property

  • 90

    Mr. Grao built a fence that extended beyond the boundary of his property onto his neighbors property. This is an example of.

    An encroachment

  • 91

    What department is in charge of all environmental issues in Arizona

    ADEQ

  • 92

    A broker has most likely earned a commission in which of the following cases?

    The broker has communicated the acceptance of the seller to the buyer

  • 93

    What department is in charge of All ground water in Arizona

    ADWR

  • 94

    The initial site assignment used to determine if the property has any environmental concerns, and if any further assessments will be needed is called

    phase 1 inspection

  • 95

    The case I was heard by the US Supreme Court in 1968, that upheld the civil rights act of 1866 was

    Jones vs Mayer

  • 96

    The right of property owners that border non- navigable waterways, such as rivers are called

    Riparian rights

  • 97

    The water rights that come with an irrigation grandfather right may be

    Runs with the land, and can’t be sold separately

  • 98

    The rights to the space above the ground with vertical planes are best described as

    Air rights

  • 99

    The four unities of oessession interest time and title are associated with which of the following

    joint tenancy

  • 100

    Who regulates the title insurance companies in Arizona

    Arizona Department of insurance