Arizona Real Estate License Exam Practice
Test | Complete Set with 300+ Actual
Questions and Verified Correct Answers |
2026-2027 Latest Update
Question 1
______ of the Article XXVI Arizona Constitution gives licensees the authority to
prepare all types of real estate contracts.
Answer: Section 2 ✔✔
Question 2
The ______ requires real estate contracts to be in writing to be enforceable.
Answer: Statute of Frauds ✔✔
Rationale: The Statute of Frauds requires certain contracts, including real estate
contracts, to be in writing to be enforceable in court.
Question 3
The ______ are not law but have the force and effect of law on real estate licensees.
Answer: Arizona Department of Real Estate (ADRE) Rules and Regulations (Arizona
Administrative Code Title 4, Chapter 28) ✔✔
Rationale: Administrative rules and regulations have the force and effect of law for
licensees, even though they are not statutes passed by the legislature.
Question 4
A real estate broker is defined in law as someone who performs real estate services for
another and for:
Answer: Compensation ✔✔
Rationale: Under A.R.S. § 32-2122, performing real estate services for consideration or
expectation of compensation constitutes acting as a broker .
pg. 1
,Question 5
Failure of a broker to notify the:
Answer: Arizona Department of Real Estate (ADRE) of an address change, office
closing, or other required notification may result in disciplinary action ✔✔
Rationale: Licensees must maintain current information with ADRE; failure to notify
can be grounds for disciplinary action .
Question 6
A ______ license must be displayed in the office.
Answer: Broker's ✔✔
Rationale: The designated broker's license must be prominently displayed in the main
office location.
Question 7
A ______ license must be available for review by the public.
Answer: Salesperson's ✔✔
Rationale: Both broker and salesperson licenses must be displayed or available for
public inspection.
Question 8
If a designated broker is unable to act, the broker may designate a licensee employed by
the broker or another designated broker to act on the broker's behalf. The designation
shall not exceed ______ days in duration.
Answer: 90 days ✔✔
Question 9
When depositing a client's monies:
Answer: True (must be deposited into a trust account by the close of the next business
day) ✔✔
pg. 2
,Rationale: Brokers must deposit client monies into a trust account promptly to
maintain proper separation of funds.
Question 10
Complete records of monies received by a broker must be maintained in the:
Answer: Trust account records (and broker's office for inspection) ✔✔
Rationale: All trust account records must be maintained in the broker's office and be
available for inspection by ADRE .
Question 11
Rejected offers to purchase real property must be retained by the broker for at least:
Answer: 1 year ✔✔
Question 12
To begin the action for commission, a licensee must:
Answer: Be licensed at the time the claim for commission arose ✔✔
Rationale: A licensee cannot collect a commission for acts performed while unlicensed
or with an expired license .
Question 13
An unlicensed person who:
Answer: Commits a felony or performs real estate activities without a license is subject
to penalties ✔✔
Rationale: Performing real estate services without a license is unlawful under A.R.S. §
32-2122 .
Question 14
To collect from the recovery fund, the law suit must be filed against the licensee within:
Answer: 5 years ✔✔
pg. 3
, Rationale: Claims against the Arizona Real Estate Recovery Fund must be filed within
the statutory limitations period.
Question 15
A manager of one property or an on-site leasing agent may receive performance bonuses
that may not be paid more frequently than monthly and cannot exceed one-half of their
regular compensation.
Answer: One-half ✔✔
Question 16
A public report, also called a Subdivision Disclosure Statement, is a statement of
important facts regarding:
Answer: A subdivision or development ✔✔
Rationale: The public report provides prospective purchasers with essential
information about subdivided land .
Question 17
If a licensee is convicted of a felony or misdemeanor, has another professional license
revoked or has a judgment levied against them relating to real estate, the ______ must
be notified within 10 days.
Answer: Arizona Department of Real Estate ✔✔
Rationale: Licensees must report convictions and disciplinary actions to ADRE within
10 days.
Question 18
What is the definition of a Real Estate Salesperson under Arizona law?
Answer: A person who performs real estate services while employed by or associated
with a licensed real estate broker ✔✔
Rationale: Salespersons must be licensed and act under the supervision of a
designated broker .
pg. 4
Test | Complete Set with 300+ Actual
Questions and Verified Correct Answers |
2026-2027 Latest Update
Question 1
______ of the Article XXVI Arizona Constitution gives licensees the authority to
prepare all types of real estate contracts.
Answer: Section 2 ✔✔
Question 2
The ______ requires real estate contracts to be in writing to be enforceable.
Answer: Statute of Frauds ✔✔
Rationale: The Statute of Frauds requires certain contracts, including real estate
contracts, to be in writing to be enforceable in court.
Question 3
The ______ are not law but have the force and effect of law on real estate licensees.
Answer: Arizona Department of Real Estate (ADRE) Rules and Regulations (Arizona
Administrative Code Title 4, Chapter 28) ✔✔
Rationale: Administrative rules and regulations have the force and effect of law for
licensees, even though they are not statutes passed by the legislature.
Question 4
A real estate broker is defined in law as someone who performs real estate services for
another and for:
Answer: Compensation ✔✔
Rationale: Under A.R.S. § 32-2122, performing real estate services for consideration or
expectation of compensation constitutes acting as a broker .
pg. 1
,Question 5
Failure of a broker to notify the:
Answer: Arizona Department of Real Estate (ADRE) of an address change, office
closing, or other required notification may result in disciplinary action ✔✔
Rationale: Licensees must maintain current information with ADRE; failure to notify
can be grounds for disciplinary action .
Question 6
A ______ license must be displayed in the office.
Answer: Broker's ✔✔
Rationale: The designated broker's license must be prominently displayed in the main
office location.
Question 7
A ______ license must be available for review by the public.
Answer: Salesperson's ✔✔
Rationale: Both broker and salesperson licenses must be displayed or available for
public inspection.
Question 8
If a designated broker is unable to act, the broker may designate a licensee employed by
the broker or another designated broker to act on the broker's behalf. The designation
shall not exceed ______ days in duration.
Answer: 90 days ✔✔
Question 9
When depositing a client's monies:
Answer: True (must be deposited into a trust account by the close of the next business
day) ✔✔
pg. 2
,Rationale: Brokers must deposit client monies into a trust account promptly to
maintain proper separation of funds.
Question 10
Complete records of monies received by a broker must be maintained in the:
Answer: Trust account records (and broker's office for inspection) ✔✔
Rationale: All trust account records must be maintained in the broker's office and be
available for inspection by ADRE .
Question 11
Rejected offers to purchase real property must be retained by the broker for at least:
Answer: 1 year ✔✔
Question 12
To begin the action for commission, a licensee must:
Answer: Be licensed at the time the claim for commission arose ✔✔
Rationale: A licensee cannot collect a commission for acts performed while unlicensed
or with an expired license .
Question 13
An unlicensed person who:
Answer: Commits a felony or performs real estate activities without a license is subject
to penalties ✔✔
Rationale: Performing real estate services without a license is unlawful under A.R.S. §
32-2122 .
Question 14
To collect from the recovery fund, the law suit must be filed against the licensee within:
Answer: 5 years ✔✔
pg. 3
, Rationale: Claims against the Arizona Real Estate Recovery Fund must be filed within
the statutory limitations period.
Question 15
A manager of one property or an on-site leasing agent may receive performance bonuses
that may not be paid more frequently than monthly and cannot exceed one-half of their
regular compensation.
Answer: One-half ✔✔
Question 16
A public report, also called a Subdivision Disclosure Statement, is a statement of
important facts regarding:
Answer: A subdivision or development ✔✔
Rationale: The public report provides prospective purchasers with essential
information about subdivided land .
Question 17
If a licensee is convicted of a felony or misdemeanor, has another professional license
revoked or has a judgment levied against them relating to real estate, the ______ must
be notified within 10 days.
Answer: Arizona Department of Real Estate ✔✔
Rationale: Licensees must report convictions and disciplinary actions to ADRE within
10 days.
Question 18
What is the definition of a Real Estate Salesperson under Arizona law?
Answer: A person who performs real estate services while employed by or associated
with a licensed real estate broker ✔✔
Rationale: Salespersons must be licensed and act under the supervision of a
designated broker .
pg. 4
