B-1 Arizona Real Estate - Self-Study & National Exam Test Questions

Which of the following is false regarding an affidavit of disclosure? The affidavit of disclosure applies only to residential zone properties Arizona real estate laws state that a real estate commissioner may do each of the following except? Hold an active real estate license while acting as real estate commissioner Two parties orally agreed to enter into a residential lease on November 15 for a period to begin January 1 and expire on December 31 of the following year. Which is true The lease must be in writing to be enforceable Which of the following is not a violation? Doing disclosed dual agency When advertising a property, a broker must include in the ad? The name of the brokerage firm or broker What a sales person receives earnest money he should? Turn it over to their broker A broker received earnest money from a buyer but instead of placing the money into the trust account the broker pays company bills. This action is an example of? Conversion The real estate advisory board... Would vies and evaluate the commissioner Once a real estate license is issued in Arizona it? Must be placed with a broker in order to earn a commission When the designated broker is on a temporary absence, all of the following are true except The temporary absence relieves the designated broker of responsibility When he broker license is revoked, the licenses of the sales people in the brokerage agency are? Automatically suspended When he broker and a sales person cannot resolve a dispute over a commission, their records is too... Bring an action in court A timeshare is offering a gift to all prospective buyers. When would the fire receive the gift? After the sales presentation