Real Estate Test Questions and 100% Correct Answers (Arizona)
When you are foreclosing on a tax lien, where would you go? A. County Assessor B. Small Claims Court C. Superior Court D. Justice of the Peace C. Superior Court What is the statutory redemption period on a tax lien foreclosure sale? A. Depends on the equity invested B. 90 days C. 6 months D. 3 years D. 3 years Which of the following is correct about an estate at will? A. Runs with the land B. May be cancelled by the lessor or lessee C. Weakest type of estate D. Must be recorded as a public record B. May be cancelled by the lessor or lessee Termination of joint tenancy with rights of survivorship are accomplished by: A. Deed by one or more property owners B. Public Report C. Coroner's Report D. Quit claim deed gets recorded against the property A. Deed by one or more property owners An owner of a two acre lot separates it and wants to give away 1 of the newly formed lots. What would they have to provide? A. Right of way by easement B. Easement by prescription C. Easement by necessity D. Easement in gross C. Easement by necessity A preliminary title report would tell you all of the following except: A. Tax liens B. Easements C. Zoning D. Judgements requiring resolution C. Zoning
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