Exam (elaborations)
Arizona Real Estate Exam 2024 Questions & Answers Already Passed!!
- Course
- Institution
Arizona Real Estate Exam 2024 Questions & Answers Already Passed!!
[Show more]
Content preview
Name: Score:73 Multiple choice questions
Term 1 of 73
Lessor will NOT pay maintenance, insurance, taxes this is called __________
Gross Lease
Percentage Lease
Net Lease
Ground Lease
Term 2 of 73
UFMIP (Upfront Mortgage Insurance Premium is paid at _________ (FHA LOAN)
6 or more
36 acres or less
The higher the CAP Rate =Buyer
The lower the CAP Rate= Seller
Closing
(1.75% of loan)
(1.25% for the life of the loan)
Capital Gains
Term 3 of 73
__________ Certificate verifies the terms of the lease
Estoppel Certificate
Lien Certificate
Warranty Deed
Quiet Title Certificate
,Term 4 of 73
A deed a spouse signs that they release any interest there might be in a property is called __________
Disclaimer Deed
Grant Deed
Quitclaim Deed
Warranty Deed
Term 5 of 73
_________ payments is P.I.T.I of which T.I is 1/2 months annual Real Estate Taxes ans Insurance
Budget
Amortization
Principal
Escrow
Term 6 of 73
_________ lien is against everything you have (IRS)
Specific Lien
General Lien
Mechanic's Lien
Tax Lien
, Term 7 of 73
Enabling Legislation is __________
Building Permit
Zoning Ordinance
Deed Restriction
Police Power
Term 8 of 73
Real Property you can NOT touch is __________
Physical
Solid
Incorporeal
Tangible
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller stuuviaa. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80202 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
