Arizona Real Estate License Exam Prep with Complete Solutions Arizona Real Estate Exam Latest Updated AZ Real Estate Exam Prep 2023/24 Graded A+ REAL ESTATE (AZ SPECIFIC) Questions and Answers 2023/24 Arizona Real Estate Exam Solved 100% Arizona Real Estate Study Guide with Complete Solutions Arizo...
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police power - ANSWER-zoning enforcement code enforcement city planning enforcement P.I.T.I. impound account - ANSWER-required on all FHA and VA loans Principle Interest Tax Insurance Points - ANSWER-lenders charge to increase their return either 1% of loan amount or 1/8% of lenders inv...
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Add to cartpolice power - ANSWER-zoning enforcement code enforcement city planning enforcement P.I.T.I. impound account - ANSWER-required on all FHA and VA loans Principle Interest Tax Insurance Points - ANSWER-lenders charge to increase their return either 1% of loan amount or 1/8% of lenders inv...
Encumber, Access, Use, Transfer, Exclude are all __________ - ANSWER-Bundle of Rights Real Property that you can touch is __________ - ANSWER-Corporeal Real Property you can NOT touch is __________ - ANSWER-Incorporeal Chattel is __________ - ANSWER-Personal Property Adjoining landowners...
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Add to cartEncumber, Access, Use, Transfer, Exclude are all __________ - ANSWER-Bundle of Rights Real Property that you can touch is __________ - ANSWER-Corporeal Real Property you can NOT touch is __________ - ANSWER-Incorporeal Chattel is __________ - ANSWER-Personal Property Adjoining landowners...
When the contract is accepted - ANSWER-At what point in the transaction does Roger first get equitable title to Trenton's property? Capitalization rate - ANSWER-The expected rate of return on investment What's the relationship between the Loan Estimate and the Closing Disclosure? - ANSWER-Le...
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Add to cartWhen the contract is accepted - ANSWER-At what point in the transaction does Roger first get equitable title to Trenton's property? Capitalization rate - ANSWER-The expected rate of return on investment What's the relationship between the Loan Estimate and the Closing Disclosure? - ANSWER-Le...
Arizona property taxes are based on: - ANSWER-Assessed value The tax rate applied to owner occupied residential property is: - ANSWER-10 % What lien has priority first: - ANSWER-Property taxes Property taxes become a lien the first day of: - ANSWER-January If a property is not bid at a t...
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Add to cartArizona property taxes are based on: - ANSWER-Assessed value The tax rate applied to owner occupied residential property is: - ANSWER-10 % What lien has priority first: - ANSWER-Property taxes Property taxes become a lien the first day of: - ANSWER-January If a property is not bid at a t...
appurtenant - ANSWER-Runs with the land when item is transferred assemblage - ANSWER-The combining of two or more adjoining lots into one large tract. Buffer zone - ANSWER-In zoning, a strip of land separating one land use from another. 1 year - ANSWER-1. Residential rental agreements. 2. ...
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Add to cartappurtenant - ANSWER-Runs with the land when item is transferred assemblage - ANSWER-The combining of two or more adjoining lots into one large tract. Buffer zone - ANSWER-In zoning, a strip of land separating one land use from another. 1 year - ANSWER-1. Residential rental agreements. 2. ...
ADRE Commissioner - ANSWER-appointed by the governor ADRE Commissioner term - ANSWER-at the pleasure of the governor ADRE requirements - ANSWER-Arizona resident, 5 years industry experience, 3 years administrative experience & no financial interest in any RE firm RE Advisory board - ANSWER-...
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Add to cartADRE Commissioner - ANSWER-appointed by the governor ADRE Commissioner term - ANSWER-at the pleasure of the governor ADRE requirements - ANSWER-Arizona resident, 5 years industry experience, 3 years administrative experience & no financial interest in any RE firm RE Advisory board - ANSWER-...
What are the two requirements of the property if the anti-deficiency statute is to apply? - ANSWER-2.5 acres or less. Utilized as a family home for a 1 or 2 family dwelling. In a deed of trust, who is the "trustor?" - ANSWER-The person buying the house (the purchaser). Who has priority in li...
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Add to cartWhat are the two requirements of the property if the anti-deficiency statute is to apply? - ANSWER-2.5 acres or less. Utilized as a family home for a 1 or 2 family dwelling. In a deed of trust, who is the "trustor?" - ANSWER-The person buying the house (the purchaser). Who has priority in li...
Carryback - ANSWER-Financing in which the seller takes back a note for part of the purchase price and is secured by a junior mortgage(second or third mortgage), wraparound mortgage, or contract for deed(between seller and buyer). Agreement for sale - ANSWER-Terms that transfer ownership from one ...
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Add to cartCarryback - ANSWER-Financing in which the seller takes back a note for part of the purchase price and is secured by a junior mortgage(second or third mortgage), wraparound mortgage, or contract for deed(between seller and buyer). Agreement for sale - ANSWER-Terms that transfer ownership from one ...
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