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ARIZONA REAL ESTATE EXAM 140 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GRADED A+

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ARIZONA REAL ESTATE EXAM 140 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GRADED A+ARIZONA REAL ESTATE EXAM 140 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GRADED A+

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ARIZONA REAL ESTATE EXAM 140
ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS GRADED A+




Which of the following is NOT a specific lien?
a. an unrecorded mortgage
b. a mechanic's lien
c. a judgement lien
d. a blanket mortgage - ANSWER- c. a judgement lien


Which of the following is NOT an encumbrance on real property?
a. lease
b. easement
c. homestead right
d. restrictive convenant - ANSWER- c. homestead right


Which of the following is NOT an appurtenance?
a. easement right
b. mineral right

,c. water rights
d. trade fixtures - ANSWER- d. trade fixtures


The physical characteristics of land include:
a. indestructibility
b. homogeneity
c. improvements
d. supply - ANSWER- a. indestructibility


Which of the following restrictive covenants is MOST likely to be
enforceable?
a. prohibits sales to blacks
b. prohibits resales for 20 years
c. prohibits use for anything other than single-family dwellings
d. absolutely prohibits any resales - ANSWER- c. prohibits use for
anything other than single-family dwellings


What would a landlocked property owner MOST likely ask the court
for?
a. an easement by prescription
b. an easement in gross
c. an easement by necessity
d. an adverse possession of servant tenement - ANSWER- c. an
easement by necessity

,Restrictive covenants are enforced by:
a. the district attorney
b. the lender
c. the planning commission
d. legal action by other owners - ANSWER- d. legal action by other
owners


Mary is interested in a parcel of real estate owned by Kathy. Mary has a
title report that shows the property is encumbered by several liens. The
lien with the highest priority is the lien:
a. of lowest amount
b. of highest amount
c. first recorded
d. first in date - ANSWER- c. first recorded


A metes and bounds description MUST:
a. cover an area larger than 10 acres
b. be in areas not included in the rectangular survey system
c. commence and finish at the same identifiable point
d. always use north as the basis for directions - ANSWER- c.
commence and finish at the same identifiable point


Which of the following is NOT a characteristic of a fee simple estate?

, a. indefinite durations
b. free of encumbrances
c. transferable with or without consideration
d. transferable by will or interstate succession - ANSWER- b. free of
encumbrances


A valid deed does NOT require a:
a. signature of the grantee
b. statement of consideration
c. legal description of the property
d. grantor with legal capacity - ANSWER- a. signature of the grantee


"To have and to hold" MOST likely would be included in a(n):
a. habendem clause
b. alienation clause
c. mortgage
d. legal description - ANSWER- a. habendem clause


A seller who will only defend the title he is giving against others who
claim an interest through or under him would give a:
a. general warranty deed
b. special warranty deed
c. bargain and sale deed
d. quitclaim deed - ANSWER- b. special warranty deed

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