Arizona real esta Study guides, Class notes & Summaries

ARIZONA REAL ESTATE EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ 15 days An example of involuntary alienation is where title to real estate passes by: Sheriff's deed What event will create an involuntary life estate? Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: Signed by grantee The clause in a deed which sets forth or limits the extent of the interests in the title being convey...

Which of the following is NOT a specific lien? a. an unrecorded mortgage b. a mechanic's lien c. a judgement lien d. a blanket mortgage - c. a judgement lien Which of the following is NOT an encumbrance on real property? a. lease b. easement c. homestead right d. restrictive convenant - c. homestead right Which of the following is NOT an appurtenance? a. easement right b. mineral right c. water rights d. trade fixtures - d. trade fixtures

Q1) Which of the following ways of specializing is common in the real estate brokerage business? A. By type of mortgage financing required B. By years of experience in the business C. By type of property D. By background of client C. By type of property Q2) Which of the following is included in the legal concept of land? A. A corn crop B. A lake C. A felled tree D. An abandoned vehicle B. A lake Q3) A property abuts a non-navigable stream. What does the owner own? A. Land to the l...

Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ - 15 days An example of involuntary alienation is where title to real estate passes by: - Sheriff's deed What event will create an involuntary life estate? - Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: - Signed by grantee The clause in a deed which sets forth or limits the extent of the interests in the title being conve...

Arizona Real Estate Salesperson Exam-with 100% verified solutions -tutor verified

_________of the Arizona Constitution gives licensees the authority to prepare all types of real estate contract - Article XXVI The______ requires real estate contracts to be in writing to be enforceable - Statute of Frauds The________ are not law but have the force and effect of law on real estate licensees. - Commissioner's Rules A real estate broker is defined in law as someone who performs real estate services for another and for - Compensation Failure of a broker to notify the Commis...

What are the two requirements of the property if the anti-deficiency statute is to apply? - correct 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?" - correct answer The person buying the house (the purchaser). Who has priority in liens even over a purchase money mortgage lien filed prior? - correct answer Liens for unpaid property taxes and agricultural liens on crops. Does an IRS lien filed in 2015 have prior...

Does the anti-deficiency statute apply to investment property? - True. Does the anti-deficiency statute apply to second mortgages and deeds of trust? - False. What are the two requirements of the property if the anti-deficiency statute is to apply? - 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?" - The person buying the house (the purchaser). Who has priority in liens even over a purchase money mortgage lien filed prior...

ARIZONA REAL ESTATE EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ARIZONA REAL ESTATE EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ARIZONA REAL ESTATE EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+