Asreb state - Study guides, Class notes & Summaries
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ASREB School and State Test Review Q & A Rated Perfectly!!
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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...
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ASREB School and State Test Review with Complete Solutions
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How are AZ property taxes charged? - ANSWER-Ad Valorem 
 
What does Ad Valorem mean? - ANSWER-Assessed Value 
 
How are Arizona Property Taxes paid? - ANSWER-Levied once, Paid Twice 
 
When are AZ property Taxes Due? and Delinquent? - ANSWER-Oct-Nov and March-May (O No More Money) 
 
Who do you pay the property taxes to? - ANSWER-County Treasurer 
 
What is the penalty for AZ Property Tax Delinquency? - ANSWER-16% 
 
Property Tax Assessment Ratio Residential? - ANSWER-10% 
 
Property Tax Assessm...
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ASREB School and State Test Review Q & A Rated Perfectly!!
- Exam (elaborations) • 9 pages • 2024
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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...
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ASREB National Test A-1 Questions and Answers Already Passed
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ASREB National Test A-1 Questions and 
 
Answers Already Passed 
 
A lessee puts in a bookcase for commercial use; at the end of the lease the bookcase is removed. 
The bookcase would be considered: 
Real Property 
Trade Fixture 
Appurtenant 
Chattel Real Trade Fixture 
 
A party owns a parcel of real estate with mineral rights, who owns the mineral rights? 
The state 
 
Federal government 
Original property owner 
The property owner The property owner 
 
A person dies with no will and no heirs....
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ASREB National Test A-1 Questions and Answers 100% Verified
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ASREB National Test A-1 Questions and Answers 100% 
Verified 
The sale of personal property would include a: Answer-Bill of Sale 
What governmental right requires compensation to private property owners? AnswerEminent Domain 
If property is obtained by the state after a person dies, this is called: Answer-Escheat 
Transfer of real property requires a Answer-Deed
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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, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ ASREB 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 B 3.45 acres x 43,560 = 150,282
- Exam (elaborations) • 9 pages • 2023
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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...
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ASREB Test Question Review 2024 Questions and Answers 100% Pass
- Exam (elaborations) • 20 pages • 2024
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ASREB Test Question Review 2024 
Questions and Answers 100% Pass 
Within the Arizona Groundwater Code all of the following rights were created EXCEPT? 
- Correct Answer ️️ -Subdivision grandfather right 
What is required to give someone the right to sign your name? - Correct Answer ️️ - 
Power of Attorney 
The buyer has an investment that has a feature of "a pass through certificate" this 
investment is most likely a: - Correct Answer ️️ -Ginnie Mae Security 
When an occupant holds...
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ASREB Test Question Review 2024 Questions and Answers Graded A+
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ASREB Test Question Review 2024 
Questions and Answers Graded A+ 
Within the Arizona Groundwater Code all of the following rights were created EXCEPT? 
- Correct Answer ️️ -Subdivision grandfather right 
What is required to give someone the right to sign your name? - Correct Answer ️️ - 
Power of Attorney 
The buyer has an investment that has a feature of "a pass through certificate" this 
investment is most likely a: - Correct Answer ️️ -Ginnie Mae Security 
When an occupant holds...
-
ASREB School and State Test Review Q & A Rated Perfectly!!
- Exam (elaborations) • 9 pages • 2023
-
- $7.99
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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 Ra...
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