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Exam (elaborations)

Arizona Real Estate Exam Solved 100%

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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. The time required to keep rejected offers. 3. from expiration in property management keep records. 3 yrs - ANSWER-1. Redemption period following a real property tax sale. 2. A person must be active in real estate to qualify for broker's license. 3. financials from property management. 5 yrs - ANSWER-1. Length of time a judgement remains valid. 2. A broker must keep copy of all contracts from termination date. 3. The period of time to file suit to obtain money from recovery fund. 4. Period of non-use to lose an easement 6 months - ANSWER-1. Time period to file suit after mechanic's lien was filed. 2. Length if time the transferee must retain all notices to creditors under the Uniform Commercial Code. 3. Statutory period of redemption regarding a mortgage foreclosure. 4. A person may reject a contract regarding unimproved subdivided or unsubdivided land when purchased sight unseen. 6yrs - ANSWER-1. Length of time the Advisory Board Members serve. 7 days - ANSWER-1. Period of time to reject a contract regarding unimproved subdivided or unsubdivided land if the buyer has inspected the land. 2. Time to recsind a timeshare contract . 10 days - ANSWER-1. Amount of days to notify the Real Estate Dept. regarding change of address, judgement, conviction of crime, and change of employer. 2. tenant act notice of breech of contract(both), terminate week to week or distraint(landlord), and to repair minor defects or tenant may repair and deduct the rent or $300 whichever is greater. 10 yrs - ANSWER-1. Time period of constant use to claim an easement by prescription. 24hrs. or 30hrs. - ANSWER-1. continuing ed. 24hrs. Assoc. Broker or Sales person license.

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Institution
Arizona Real Estate
Course
Arizona Real Estate

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Uploaded on
August 21, 2023
Number of pages
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Written in
2023/2024
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