Article xxvi - Study guides, Class notes & Summaries

What must subdivided lots have? - ANSWER Ingress & Egress What action takes place when a buyer defaults on a deed of trust? - ANSWER Notice of sale is sent to the owner/trustor from the Trustee What percentage would a owner-occupied residential house be assessed at? - ANSWER 10% In a property tax foreclosure a homeowner has: - ANSWER a three year right of redemption How many hours of education are required to renew a real estate sales person's license? - ANSWER 24 Hours How many ...

Article XXVI of the Arizona Constitution - ANSWER RIGHT OF LICENSED REAL ESTATE BROKERS AND SALESMEN TO PREPARE INSTRUMENTS INCIDENT TO PROPERTY TRANSACTIONS The Real Estate Commissioner's Rules allow... - ANSWER The commissioner to interpret the law and develop rules that clarify the real estate codes. The Real Estate Commissioner is appointed by... - ANSWER The Governor Real Estate Commissioner receive compensation? - ANSWER Yes

B-1 ASREB Exam prep (gray packet) Solved Correctly!! A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and gave the prices and terms. In this scenario: a. Only the sales broker needs to be licensed b. Hostesses are employees only and need not be licensed c. The hostesses must be licensed d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed c. The hostesses must be licensed A timeshare wou...

AZ real estate State practice exam Questions and Answers 2024

What must subdivided lots have? - ANSWER Ingress & Egress What action takes place when a buyer defaults on a deed of trust? - ANSWER Notice of sale is sent to the owner/trustor from the Trustee What percentage would a owner-occupied residential house be assessed at? - ANSWER 10% In a property tax foreclosure a homeowner has: - ANSWER a three year right of redemption How many hours of education are required to renew a real estate sales person's license? - ANSWER 24 Hours How many ...

Real Estate - Arizona (Broker's Exam), Questions and answers/ Article XXVI of the Arizona Constitution RIGHT OF LICENSED REAL ESTATE BROKERS AND SALESMEN TO PREPARE INSTRUMENTS INCIDENT TO PROPERTY TRANSACTIONS The Real Estate Commissioner's Rules allow... The commissioner to interpret the law and develop rules that clarify the real estate codes. Brainpower Read More The Real Estate Commissioner is appointed by... The Governor Real Estate Commissioner receive compensation? Yes R...

ASREB School and State Test Review Q & A Rated Perfectly!! How are AZ property taxes charged? Ad Valorem What does Ad Valorem mean? Assessed Value How are Arizona Property Taxes paid? Levied once, Paid Twice When are AZ property Taxes Due? and Delinquent? Oct-Nov and March-May (O No More Money) Who do you pay the property taxes to? County Treasurer What is the penalty for AZ Property Tax Delinquency? 16% Property Tax Assessment Ratio Residential? 10% Property Tax Assessment Rati...

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

Arizona-State Specific Real Estate Questions and Answers What must subdivided lots have? ANSWER Ingress & Egress What action takes place when a buyer defaults on a deed of trust? ANSWER Notice of sale is sent to the owner/trustor from the Trustee What percentage would a owner-occupied residential house be assessed at? ANSWER 10% In a property tax foreclosure a homeowner has: ANSWER a three year right of redemption How many hours of education are required to renew a real estate sal...

ASREB School and State Test Review Q & A Rated Perfectly!! How are AZ property taxes charged? Ad Valorem What does Ad Valorem mean? Assessed Value How are Arizona Property Taxes paid? Levied once, Paid Twice When are AZ property Taxes Due? and Delinquent? Oct-Nov and March-May (O No More Money) Who do you pay the property taxes to? County Treasurer What is the penalty for AZ Property Tax Delinquency? 16% Property Tax Assessment Ratio Residential? 10% Property Tax Assessment Rati...