Real Estate ARIZONA STATE Practice
Exams Questions and Answers 100%
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Question #1 of 80
Question ID: 1286612
Which of the following is true regarding all transactions and compensation?
A)
The exact dollar amount of the commissions for each employing brokerage representing
the parties must be disclosed to all parties.
B)
The names of the brokerage firms representing the parties and receiving compensation
must be disclosed in writing to all parties before close of escrow.
C)
Buyer and seller must consent in writing before any referral fee can be paid to any
brokerage.
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,D)
The Department of Real Estate must be notified if an out-of-state broker is paid a
referral fee. - ✔✔B)
The names of the brokerage firms representing the parties and receiving compensation
must be disclosed in writing to all parties before close of escrow.
Question #2 of 80
Question ID: 1286667
If the property has been abandoned, and the holder of the certificate of sale records a
notice of abandonment, the statutory redemption period for a sheriff's sale (judicial
foreclosure sale) can be reduced to what time frame?
A)
60 days
B)
14 days
C)
0 days
D)
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,30 days - ✔✔D)
30 days
Question #3 of 80
Question ID: 1286616
A licensee owes a fiduciary duty to the client and shall protect and promote
A)
all property interests.
B)
the interests of all parties to a transaction.
C)
the interests of the client.
D)
the bundle of rights. - ✔✔C)
the interests of the client.
Question #4 of 80
Question ID: 1286656
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, If the landlord receives a notice of trustee's sale or other notice of foreclosure on the
property after a tenant has entered into a rental agreement on the property, within how
many days must the landlord provide the tenant with written notice of the foreclosure
and deed of trust foreclosure sale?
A)
90 days
B)
5 days
C)
14 business days
D)
30 days - ✔✔B)
5 days
Question #5 of 80
Question ID: 1286629
A master planned community is
A)
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Exams Questions and Answers 100%
Pass
Question #1 of 80
Question ID: 1286612
Which of the following is true regarding all transactions and compensation?
A)
The exact dollar amount of the commissions for each employing brokerage representing
the parties must be disclosed to all parties.
B)
The names of the brokerage firms representing the parties and receiving compensation
must be disclosed in writing to all parties before close of escrow.
C)
Buyer and seller must consent in writing before any referral fee can be paid to any
brokerage.
100% Pass Guarantee Olivia West, All Rights Reserved © 2025 1
,D)
The Department of Real Estate must be notified if an out-of-state broker is paid a
referral fee. - ✔✔B)
The names of the brokerage firms representing the parties and receiving compensation
must be disclosed in writing to all parties before close of escrow.
Question #2 of 80
Question ID: 1286667
If the property has been abandoned, and the holder of the certificate of sale records a
notice of abandonment, the statutory redemption period for a sheriff's sale (judicial
foreclosure sale) can be reduced to what time frame?
A)
60 days
B)
14 days
C)
0 days
D)
100% Pass Guarantee Olivia West, All Rights Reserved © 2025 2
,30 days - ✔✔D)
30 days
Question #3 of 80
Question ID: 1286616
A licensee owes a fiduciary duty to the client and shall protect and promote
A)
all property interests.
B)
the interests of all parties to a transaction.
C)
the interests of the client.
D)
the bundle of rights. - ✔✔C)
the interests of the client.
Question #4 of 80
Question ID: 1286656
100% Pass Guarantee Olivia West, All Rights Reserved © 2025 3
, If the landlord receives a notice of trustee's sale or other notice of foreclosure on the
property after a tenant has entered into a rental agreement on the property, within how
many days must the landlord provide the tenant with written notice of the foreclosure
and deed of trust foreclosure sale?
A)
90 days
B)
5 days
C)
14 business days
D)
30 days - ✔✔B)
5 days
Question #5 of 80
Question ID: 1286629
A master planned community is
A)
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