ARIZONA REAL ESTATE EXAM 2026
COMPREHENSIVE EXAM SCRIPT FULL
QUESTIONS AND CORRECT ANSWERS
◉ Henry buys a retirement home in the mountains. He never really
got along with his son Mario, but he really likes Mario's wife, Joan.
After Mario gets a divorce, Henry changes his will so that Joan
inherits the house when he dies. What type of estate does Henry
have?
A. conventional life estate
B. defeasible fee estate
C. fee simple absolute
D. life estate pur autre vie. Answer: fee simple absolute
◉ When a defeasible estate ends, title will pass by all of the
following except?
A. to the original grantor
B. to the original grantor's heirs
C. to a specific third party
D. by the law of descent. Answer: to a specific third party
◉ Of these, which is the Only statutory life estate recognized in
Arizona?
,A. curtesy
B. dower
C. fee tail
D. homestead. Answer: homestead
◉ Conventional life estates are created by the actions of
A. a grantor
B. a grantee
C. a life tenant
D. the allodial system. Answer: a grantor
◉ A fee simple property owner deeds title to the property to a
church group as long as they run a battered women's shelter on the
property. The type of ownership interest held by the church group is
A. fee simple
B. life estate
C. defeasible fee
D. homestead. Answer: defeasible fee
◉ A father owns a house as a fee simple owner and gives his
daughter a life estate in the property with a provision that the
property will pass to the son after her death. The son has a
A. reversion interest
,B. remainder interest
C. homestead interest
D. riparian interest. Answer: remainder interst
◉ Homestead exemption will protect a person against:
A. voluntary liens
B. specific creditors
C. personal judgements
D. foreclosure. Answer: personal judgemnets
◉ Person who holds the greatest ownership rights in the property
that is allowed by law owns a
A. leasehold
B. life estate
C. defensible estate
D. fee simple estate. Answer: fee simple estate
◉ Homeowners purchased a new residence and rented their
existing home. Which statement is TRUE?
A. they will keep the homestead protection on the home they are
now renting, but will not have it on the new home.
B. they will have homestead protection on neither home
, C. they will have homestead protection on the new home but not the
one they rented
D. they will have homestead protection on both homes. Answer: they
will have homestead protection on the new home but not the one
they rented
◉ Your roommate from college moves to your town. You let her
move in with you while she is looking for a job. What type of
leasehold estate is this most likely to be?
A. estate at sufferance
B. estate at will
C. estate for years
D. periodic estate. Answer: estate at will
◉ Peter leases space for his ice cream shop in Stella's buidling. He
pays her $800 a month in rent plus a portion of his profits. Peter
most likely has what kind of lease?
A. graduated lease
B. ground lease
C. index lease
D. percentage lease. Answer: percentage lease
◉ Which of the following lease arrangements would a landlord be
Least Likely to use with a retail tenant in a shopping center?
COMPREHENSIVE EXAM SCRIPT FULL
QUESTIONS AND CORRECT ANSWERS
◉ Henry buys a retirement home in the mountains. He never really
got along with his son Mario, but he really likes Mario's wife, Joan.
After Mario gets a divorce, Henry changes his will so that Joan
inherits the house when he dies. What type of estate does Henry
have?
A. conventional life estate
B. defeasible fee estate
C. fee simple absolute
D. life estate pur autre vie. Answer: fee simple absolute
◉ When a defeasible estate ends, title will pass by all of the
following except?
A. to the original grantor
B. to the original grantor's heirs
C. to a specific third party
D. by the law of descent. Answer: to a specific third party
◉ Of these, which is the Only statutory life estate recognized in
Arizona?
,A. curtesy
B. dower
C. fee tail
D. homestead. Answer: homestead
◉ Conventional life estates are created by the actions of
A. a grantor
B. a grantee
C. a life tenant
D. the allodial system. Answer: a grantor
◉ A fee simple property owner deeds title to the property to a
church group as long as they run a battered women's shelter on the
property. The type of ownership interest held by the church group is
A. fee simple
B. life estate
C. defeasible fee
D. homestead. Answer: defeasible fee
◉ A father owns a house as a fee simple owner and gives his
daughter a life estate in the property with a provision that the
property will pass to the son after her death. The son has a
A. reversion interest
,B. remainder interest
C. homestead interest
D. riparian interest. Answer: remainder interst
◉ Homestead exemption will protect a person against:
A. voluntary liens
B. specific creditors
C. personal judgements
D. foreclosure. Answer: personal judgemnets
◉ Person who holds the greatest ownership rights in the property
that is allowed by law owns a
A. leasehold
B. life estate
C. defensible estate
D. fee simple estate. Answer: fee simple estate
◉ Homeowners purchased a new residence and rented their
existing home. Which statement is TRUE?
A. they will keep the homestead protection on the home they are
now renting, but will not have it on the new home.
B. they will have homestead protection on neither home
, C. they will have homestead protection on the new home but not the
one they rented
D. they will have homestead protection on both homes. Answer: they
will have homestead protection on the new home but not the one
they rented
◉ Your roommate from college moves to your town. You let her
move in with you while she is looking for a job. What type of
leasehold estate is this most likely to be?
A. estate at sufferance
B. estate at will
C. estate for years
D. periodic estate. Answer: estate at will
◉ Peter leases space for his ice cream shop in Stella's buidling. He
pays her $800 a month in rent plus a portion of his profits. Peter
most likely has what kind of lease?
A. graduated lease
B. ground lease
C. index lease
D. percentage lease. Answer: percentage lease
◉ Which of the following lease arrangements would a landlord be
Least Likely to use with a retail tenant in a shopping center?
