Asreb - Study guides, Class notes & Summaries
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ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions
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ASREB Practice Exam, Sessions 1-18, Study 
Guide with Complete Solutions 
ASREB - Correct Answer ️️ - 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 - Correct Answer ️️ -B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication tha...
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ASREB Practice Exam Questions with Verified Answers
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ASREB Practice Exam Questions with 
 
Verified Answers 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 b. $75,141 
 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not c. gives no indication that the 
property is listed with a broker 
 
A borrower is required t...
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ASREB Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Test Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Test Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB National Test A-3 Questions and Answers Already Passed
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ASREB National Test A-3 Questions and 
 
Answers Already Passed 
 
A buyer sees a worn path across the property he is interested in buying. The buyer should be 
concerned about: 
Easement in gross 
Easement by prescription 
Condemnation 
 
Police Power Easement by prescription 
 
A chronological summary of title is called 
Deed report 
Abstract of title 
ATLA policy 
Title insurance report Abstract of title 
 
A clause in a deed which specifies the degree of property conveyed is called: 
Defeasa...
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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B-1 ASREB Questions and Answers Already Passed
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B-1 ASREB Questions and Answers 
 
Already Passed 
 
A broker receives earnest money from a buyer but instead of placing the money into the trust 
account the broker pays company bills. This action is an example of: 
 
a. Conversion 
b. Commingling 
c. Subrogation 
d. Bona fide a. Conversion 
 
A designated broker of a real estate company may: 
 
a. Act as a designated broker for more than one real estate company in Arizona 
b. Take a temporary leave of absence for a period not to exceed 60 days...
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ASREB Practice Exam Questions and Answers with complete solution
- Exam (elaborations) • 23 pages • 2024
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A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 - Answer-b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not - Answer-c. gives no indication that the 
property is listed with a broker 
A borrower is required to put 10% down for the purchase of a propert...
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ASREB Test Questions and Answers 100% Verified
- Exam (elaborations) • 41 pages • 2024
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ASREB Test Questions and Answers 100% Verified 
A borrower is required to put 10% down for the purchase of a property. The 10% down would 
be considered... Answer-Equity 
A broker, acting as a property manager, would be considered what type of agent? 
 Answer-General 
A contract has been signed, but title has not yet been passed. The contract is... AnswerExecutory 
A house cost $100,000. The buyer is making a down payment of 32,000 and getting a $68,000 
loan. If there are 4 points, how much...
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
- Exam (elaborations) • 25 pages • 2024
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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