Asreb state - Study guides, Class notes & Summaries

ASREB State Test B-1 Questions and Answers 100% Pass A broker goes on a cruise for ten days. Who can be left in charge? Any unlicensed employee Any real estate licensee employed by the broker Only a real estate salesperson Any corporate officers Any real estate licensee employed by the broker A broker prepares documents at a cost of $35. Which of the following is true? The broker cannot charge for the service The broker may charge if the parties agree The broker may charge if it ...

ASREB State Test B-1; Questions and Answers 100% Verified Before the commissioner issues a public report on subdivided land, the subdivider may not: Take lot reservations Enter into a binding contract Advertise the lots for sale Begin lot improvements Answer-Enter into a binding contract

ASREB State Test A-1 Questions and Answers Already Passed A buyer is obtaining a new loan to purchase property. The buyer is most likely to accept title with which of the following liens remaining unpaid as of close of escrow? Property taxes for the current year for the property being sold Back taxes on the property being sold Seller's note and deed of trust against the property being sold IRS lien against the seller Property taxes for the current year for the property being sold ...

ASREB State Test B-2 Questions and Answers Graded A+ A broker lists the Wilson's property, and only Mr. Wilson signs the listing. The broker finds a buyer who is ready and willing to buy the property under the terms of the listing. Mrs. Wilson refuses to sign the sales contract. Which of the following is true regarding the commission? Only Mr. Wilson is responsible Both Mr. and Mrs. Wilson are responsible Only Mrs. Wilson is responsible Neither party is responsible Both Mr. and Mrs....

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 Assessment Ratio Lan...

ASREB State Test A-1 Questions and Answers 100% Verified Arizona property taxes are based on: Pro rata share Assessed value Front Footage Transfer value Answer-Assessed Value The tax rate applied to owner occupied residential property is: 10% 12% 14% 16% Answer-10%

ASREB State Test B-1 With Complete Questions and Answers...

ASREB State Test B-2 Questions and Answers 100% Verified As of June 30th of any year, the real estate recovery fund must maintain a balance of to avoid additional fees to licensees. $200,000 $250,000 $300,000 $600,000 Answer-$600,000

Before the commissioner issues a public report on subdivided land, the subdivider may not: Take lot reservations Enter into a binding contract Advertise the lots for sale Begin lot improvements - correct answer Enter into a binding contract All of the following can be used in a developer's public report advertisement EXCEPT: Specific prices A statement which says, "The public report is an endorsement of the project" Names of the owners and past history Future plans of the general ar...

ASREB School and State Test Review Q & A Rated Perfectly!!