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