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Arizona Real Estate Exam Questions and Correct Answers
Arizona Real Estate Exam Questions and Correct Answers
[Show more]Arizona Real Estate Exam Questions and Correct Answers
[Show more]Article 26 of the State of Arizona constitution gave what powers to real estate 
agents: 
a. The ability to negotiate leases 
b. Authority to prepare real estate documents and draft contracts 
c. The rights to charge commissions for selling real estate in Arizona 
d. The powers to be able to revise...
Preview 4 out of 116 pages
Add to cartArticle 26 of the State of Arizona constitution gave what powers to real estate 
agents: 
a. The ability to negotiate leases 
b. Authority to prepare real estate documents and draft contracts 
c. The rights to charge commissions for selling real estate in Arizona 
d. The powers to be able to revise...
Arizona broker price opinions (BPOs) are perfectly legal if all of the following 
apply EXCEPT 
Answer---- the opinion must be provided by an Arizona real estate broker. 
What is the maximum dollar amount a subdivider/developer can accept for a lot 
reservation? 
Answer---- $5,000 
If the holder o...
Preview 4 out of 32 pages
Add to cartArizona broker price opinions (BPOs) are perfectly legal if all of the following 
apply EXCEPT 
Answer---- the opinion must be provided by an Arizona real estate broker. 
What is the maximum dollar amount a subdivider/developer can accept for a lot 
reservation? 
Answer---- $5,000 
If the holder o...
While fannie mae considers total housing debt to income ratios in its 
underwriting process, freddie mac considers 
Answer---- only total debt to income 
an insurance score above (a. 500, b. 660, c. 770 or d.800) should be considered 
a good score. 
Answer---- 770 
carmen has a buyer client who's...
Preview 3 out of 18 pages
Add to cartWhile fannie mae considers total housing debt to income ratios in its 
underwriting process, freddie mac considers 
Answer---- only total debt to income 
an insurance score above (a. 500, b. 660, c. 770 or d.800) should be considered 
a good score. 
Answer---- 770 
carmen has a buyer client who's...
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