AZ REAL ESTATE BUNDLED EXAM PRACTICE
TEST 2026 FULL SOLUTIONS REVIEW PACK
◉ Tenancy in common.
Answer: Brothers Kevin and Michael buy a house together. They
don't specify how they like to hold title, so their ownership defaults
to ______
◉ Jumbo loan.
Answer: What's another name for a non-conforming loan?
◉ Cooperation agreement.
Answer: California licensed real estate agent Darshna is
representing her California buyer in his home search in Phoenix.
Arizona broker Ted must have a _____ With Darshna in order for the
two to work together in a transaction.
◉ Investors.
Answer: To whom would a 1031 tax exchange usually appeal?
◉ Freehold.
,Answer: Peter is a tenant in a single-family home owned by
Cheyenne. What type of interest does Cheyenne have in the
property?
◉ Obtain written permission from the property owner.
Answer: When representing a property owner, you must _____ before
you are allowed to place a sign on the property.
◉ Multi family dwellings.
Answer: In Arizona, statues regarding bedbugs and bedbug
infestation's apply to _______.
◉ The funds are used to buy build or improve the home that secures
the loan.
Answer: For tax years 2018 to 2025, a borrower can write off the
interest on a home equity loan only if _____.
◉ She must disclose the existence of an environmental hazard in the
area.
Answer: Jacqueline is a licensee working with the property near a
super fun side. Which of these statements is true?
◉ Leave clients unattended in the office.
,Answer: Everything in your office is potentially at risk from thieves
and other criminals. Because of this, what should you never do?
◉ Conspiracy.
Answer: What's an antitrust violations central element?
◉ Regulation B.
Answer: What is the name of the city of regulations used to enforce
the equal credit opportunity act?
◉ Plat references.
Answer: What does the lot and block system used to develop a
properties legal description?
◉ A word or phrase that, when used in advertising, requires a
disclosure of all of the terms of a loan..
Answer: What is a triggering term?
◉ Pocket any profit made from selling educational materials.
Answer: Which of the following is not something that the
commissioner does to educate licensees and the public about
relevant real estate topics
, ◉ License suspension.
Answer: Rachel is a real estate licensee in Arizona who has recently
been found guilty of fraudulent activity. Which of the following is a
possible penalty she might face?
◉ Void.
Answer: Rex needs to handle some money he acquired during an
unsavory business deal he agrees to sign his boat over to his
colleague, Ben, if Ben can launder the money and return it to Rex as
part of a legal business dealing. What kind of contract do rex and
Ben have
◉ $30,000.
Answer: What is the maximum amount that a consumer can be paid
out of the residential contractors recovery fund?
◉ Provide certain presentation disclosures to buyers before the
sales presentation begins.
Answer: The Arizona timeshare owners Association and
management act requires that timeshare developers _____.
◉ Nate owes Timothy the duty of disclosure.
Answer: Nate represents Elaina in the purchase of the house.
Catherine represents the seller, Timothy. Which of the following
statements accurately reflects the agency duties owed?
TEST 2026 FULL SOLUTIONS REVIEW PACK
◉ Tenancy in common.
Answer: Brothers Kevin and Michael buy a house together. They
don't specify how they like to hold title, so their ownership defaults
to ______
◉ Jumbo loan.
Answer: What's another name for a non-conforming loan?
◉ Cooperation agreement.
Answer: California licensed real estate agent Darshna is
representing her California buyer in his home search in Phoenix.
Arizona broker Ted must have a _____ With Darshna in order for the
two to work together in a transaction.
◉ Investors.
Answer: To whom would a 1031 tax exchange usually appeal?
◉ Freehold.
,Answer: Peter is a tenant in a single-family home owned by
Cheyenne. What type of interest does Cheyenne have in the
property?
◉ Obtain written permission from the property owner.
Answer: When representing a property owner, you must _____ before
you are allowed to place a sign on the property.
◉ Multi family dwellings.
Answer: In Arizona, statues regarding bedbugs and bedbug
infestation's apply to _______.
◉ The funds are used to buy build or improve the home that secures
the loan.
Answer: For tax years 2018 to 2025, a borrower can write off the
interest on a home equity loan only if _____.
◉ She must disclose the existence of an environmental hazard in the
area.
Answer: Jacqueline is a licensee working with the property near a
super fun side. Which of these statements is true?
◉ Leave clients unattended in the office.
,Answer: Everything in your office is potentially at risk from thieves
and other criminals. Because of this, what should you never do?
◉ Conspiracy.
Answer: What's an antitrust violations central element?
◉ Regulation B.
Answer: What is the name of the city of regulations used to enforce
the equal credit opportunity act?
◉ Plat references.
Answer: What does the lot and block system used to develop a
properties legal description?
◉ A word or phrase that, when used in advertising, requires a
disclosure of all of the terms of a loan..
Answer: What is a triggering term?
◉ Pocket any profit made from selling educational materials.
Answer: Which of the following is not something that the
commissioner does to educate licensees and the public about
relevant real estate topics
, ◉ License suspension.
Answer: Rachel is a real estate licensee in Arizona who has recently
been found guilty of fraudulent activity. Which of the following is a
possible penalty she might face?
◉ Void.
Answer: Rex needs to handle some money he acquired during an
unsavory business deal he agrees to sign his boat over to his
colleague, Ben, if Ben can launder the money and return it to Rex as
part of a legal business dealing. What kind of contract do rex and
Ben have
◉ $30,000.
Answer: What is the maximum amount that a consumer can be paid
out of the residential contractors recovery fund?
◉ Provide certain presentation disclosures to buyers before the
sales presentation begins.
Answer: The Arizona timeshare owners Association and
management act requires that timeshare developers _____.
◉ Nate owes Timothy the duty of disclosure.
Answer: Nate represents Elaina in the purchase of the house.
Catherine represents the seller, Timothy. Which of the following
statements accurately reflects the agency duties owed?
