Arizona Real Estate License Exam Prep with Complete Solutions Arizona Real Estate Exam Latest Updated AZ Real Estate Exam Prep 2023/24 Graded A+ REAL ESTATE (AZ SPECIFIC) Questions and Answers 2023/24 Arizona Real Estate Exam Solved 100% Arizona Real Estate Study Guide with Complete Solutions Arizo...
[Show more]
police power - ANSWER-zoning enforcement code enforcement city planning enforcement P.I.T.I. impound account - ANSWER-required on all FHA and VA loans Principle Interest Tax Insurance Points - ANSWER-lenders charge to increase their return either 1% of loan amount or 1/8% of lenders inv...
Preview 2 out of 7 pages
Add to cartpolice power - ANSWER-zoning enforcement code enforcement city planning enforcement P.I.T.I. impound account - ANSWER-required on all FHA and VA loans Principle Interest Tax Insurance Points - ANSWER-lenders charge to increase their return either 1% of loan amount or 1/8% of lenders inv...
Encumber, Access, Use, Transfer, Exclude are all __________ - ANSWER-Bundle of Rights Real Property that you can touch is __________ - ANSWER-Corporeal Real Property you can NOT touch is __________ - ANSWER-Incorporeal Chattel is __________ - ANSWER-Personal Property Adjoining landowners...
Preview 2 out of 7 pages
Add to cartEncumber, Access, Use, Transfer, Exclude are all __________ - ANSWER-Bundle of Rights Real Property that you can touch is __________ - ANSWER-Corporeal Real Property you can NOT touch is __________ - ANSWER-Incorporeal Chattel is __________ - ANSWER-Personal Property Adjoining landowners...
When the contract is accepted - ANSWER-At what point in the transaction does Roger first get equitable title to Trenton's property? Capitalization rate - ANSWER-The expected rate of return on investment What's the relationship between the Loan Estimate and the Closing Disclosure? - ANSWER-Le...
Preview 1 out of 4 pages
Add to cartWhen the contract is accepted - ANSWER-At what point in the transaction does Roger first get equitable title to Trenton's property? Capitalization rate - ANSWER-The expected rate of return on investment What's the relationship between the Loan Estimate and the Closing Disclosure? - ANSWER-Le...
Arizona property taxes are based on: - ANSWER-Assessed value The tax rate applied to owner occupied residential property is: - ANSWER-10 % What lien has priority first: - ANSWER-Property taxes Property taxes become a lien the first day of: - ANSWER-January If a property is not bid at a t...
Preview 3 out of 19 pages
Add to cartArizona property taxes are based on: - ANSWER-Assessed value The tax rate applied to owner occupied residential property is: - ANSWER-10 % What lien has priority first: - ANSWER-Property taxes Property taxes become a lien the first day of: - ANSWER-January If a property is not bid at a t...
appurtenant - ANSWER-Runs with the land when item is transferred assemblage - ANSWER-The combining of two or more adjoining lots into one large tract. Buffer zone - ANSWER-In zoning, a strip of land separating one land use from another. 1 year - ANSWER-1. Residential rental agreements. 2. ...
Preview 1 out of 3 pages
Add to cartappurtenant - ANSWER-Runs with the land when item is transferred assemblage - ANSWER-The combining of two or more adjoining lots into one large tract. Buffer zone - ANSWER-In zoning, a strip of land separating one land use from another. 1 year - ANSWER-1. Residential rental agreements. 2. ...
ADRE Commissioner - ANSWER-appointed by the governor ADRE Commissioner term - ANSWER-at the pleasure of the governor ADRE requirements - ANSWER-Arizona resident, 5 years industry experience, 3 years administrative experience & no financial interest in any RE firm RE Advisory board - ANSWER-...
Preview 2 out of 5 pages
Add to cartADRE Commissioner - ANSWER-appointed by the governor ADRE Commissioner term - ANSWER-at the pleasure of the governor ADRE requirements - ANSWER-Arizona resident, 5 years industry experience, 3 years administrative experience & no financial interest in any RE firm RE Advisory board - ANSWER-...
What are the two requirements of the property if the anti-deficiency statute is to apply? - ANSWER-2.5 acres or less. Utilized as a family home for a 1 or 2 family dwelling. In a deed of trust, who is the "trustor?" - ANSWER-The person buying the house (the purchaser). Who has priority in li...
Preview 4 out of 32 pages
Add to cartWhat are the two requirements of the property if the anti-deficiency statute is to apply? - ANSWER-2.5 acres or less. Utilized as a family home for a 1 or 2 family dwelling. In a deed of trust, who is the "trustor?" - ANSWER-The person buying the house (the purchaser). Who has priority in li...
Carryback - ANSWER-Financing in which the seller takes back a note for part of the purchase price and is secured by a junior mortgage(second or third mortgage), wraparound mortgage, or contract for deed(between seller and buyer). Agreement for sale - ANSWER-Terms that transfer ownership from one ...
Preview 1 out of 4 pages
Add to cartCarryback - ANSWER-Financing in which the seller takes back a note for part of the purchase price and is secured by a junior mortgage(second or third mortgage), wraparound mortgage, or contract for deed(between seller and buyer). Agreement for sale - ANSWER-Terms that transfer ownership from one ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller CLOUND. Stuvia facilitates payment to the seller.
No, you only buy these notes for $24.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
95740 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
