Real estate az Study guides, Class notes & Summaries

REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS 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 tax foreclosure sale: - Answer- Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Speci...

REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS 2024( A+ GRADED 100% VERIFIED).

* Arizona Property Taxes and Assessments (Delinquent) - ● Penalty for delinquency 16% and tax lien ● Purchaser of tax liens gets a certificate of purchase ● May foreclose in 3yrs if taxes are not paid by the property owner. * Arizona Property Taxes - ● Charged "ad valorem" (A Latin phrase meaning "according to value"; used to refer to taxes assessed on the value of property) or assessed value ● Levied once (Jan. 1st) and paid twice a year ● Oh No More Money (Oct, Nov, Mar,...

AZ real estate test questions and answers solved 100% correct!

Who regulates ground water in AZ? - ANSWER ADWR (Arizona Department of Water Resource) Who is responsible for pest management in AZ? - ANSWER Arizona Department of Agriculture What does the ADRE Enforce? - ANSWER Real Estate Statutes and Commissioner's Rules How long is a septic tank inspection good for? - ANSWER 6 Months Which law requires a non-us resident to pay tax gains from US property sale? - ANSWER U.S. Foreign Investment in Real Property Tax Act and is referred to as F.I.R....

AZ Real Estate, Questions and answers/ VERIFIED/ What is not a specific lien? - judgment Lien What is not an encumbrance on real property? - homestead right the physical characteristics of land include: - indestructibility what restrictive covenants is most likely to be enforceable? - prohibits use for anything other than single-family dwelling. What would a landlocked property owner most likely ask the court for? - easement by necessity restrictive covenants are enforced by - legal ac...

AZ real estate State practice exam Questions and Answers 2024

AZ Real Estate Final Exam Questions and Answers 2024

REAL ESTATE (AZ SPECIFIC ), Exam Questions and answers/ Arizona property taxes are based on: - -Assessed value The tax rate applied to owner occupied residential property is: - -10 % What lien has priority first: - -Property taxes Property taxes become a lien the first day of: - -January If a property is not bid at a tax foreclosure sale: - -Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - -Property Taxes...