1 AZ Real Estate Statutes & Rules Practice Question –
Exam Prep | 2026 | Graded A+
1. If a new Governor is elected, how might this affect the current Commissioner of the
State of Arizona Department of Real Estate?
The new Governor cannot change the Commissioner until the term ends.
The new Governor must wait 2 years before making any changes.
The new Governor may choose to appoint a different Commissioner.
The current Commissioner will automatically serve another term.
2. Who would most likely be required to have a real estate license in Arizona?
Carl, who is paid a fee for leasing units for multiple property owners
Ben, who gets a rent reduction for managing the apartment building he lives in
Amy, who manages two properties she owns
Denise, who is paid by the property owner to maintain the building's
landscaping
3. All listings must be in writing according to:
Arizona Revised Statutes
Arizona Constitution
Federal Fair Housing Statutes
Common Law
4. Which of the following resources is NOT typically used by real estate agents in
Arizona to ensure compliance with legal regulations?
, Quarterly bulletin published by the Real Estate Division
The AZ Revised Statutes Critical update page
Substantive Policy Statements
Continuing education courses every 24 months
5. A sales associate has hired an unlicensed assistant. Which of the following duties
can the unlicensed assistant not perform?
Take phone calls
Negotiate a listing agreement with a seller
Type contracts
Deposit escrow checks
6. An applicant for a real estate license has passed the state exam. What is her
deadline for completing her application before credit for passing the exam expires?
3 months.
24 months
12 months.
6 months.
7. Describe the role of the designated broker in relation to a licensed real estate
agent's commission in Arizona.
The designated broker can receive commissions directly from clients instead of
agents.
The designated broker only provides training to agents and does not handle
commissions.
, The designated broker is only involved in the sale of properties, not in
commission distribution.
The designated broker is responsible for overseeing the transactions and
ensuring that agents receive their commissions.
8. At what point in a real estate transaction is a commission typically considered to be
earned?
When the broker approves the full and complete file
At the time the sale is procured
At the time the property is recorded
Upon successful close by the escrow agent
9. If a real estate agent fails to notify the commissioner of their address change within
the required time frame, what potential consequences might they face?
They may face penalties for non-compliance with licensing regulations.
They will be required to retake the licensing exam.
Their license will be automatically renewed.
They will receive a warning but no penalties.
10. The Common Law source of laws is:
Derived from the US. Constitution
Derived from Customs and Judicial Decisions
Derived from State/Federal Legislation
None of the above
, 11. If a real estate agent in Arizona fails to complete their continuing education
requirements, what potential consequence might they face?
Increased commission rates
Mandatory attendance at additional training sessions
No consequences as it is optional
Loss of their real estate license
12. Civil penalties issued by the Commissioner as a result of multiple violations cannot
exceed:
$50,000
$75,000
$150,000
$100,000
13. If the Arizona State Legislature were to revoke the rule-making authority of the
Department of Real Estate, what impact would this have on real estate practices in
Arizona?
It would enhance the Department's regulatory powers.
It would have no impact on real estate practices.
It would allow the Governor to take over the Department's functions.
It would limit the Department's ability to create and enforce regulations.
14. If a real estate agent procures a buyer for a property but the sale does not close
due to financing issues, when is the commission earned?
The commission is earned upon successful close by the escrow agent.
Exam Prep | 2026 | Graded A+
1. If a new Governor is elected, how might this affect the current Commissioner of the
State of Arizona Department of Real Estate?
The new Governor cannot change the Commissioner until the term ends.
The new Governor must wait 2 years before making any changes.
The new Governor may choose to appoint a different Commissioner.
The current Commissioner will automatically serve another term.
2. Who would most likely be required to have a real estate license in Arizona?
Carl, who is paid a fee for leasing units for multiple property owners
Ben, who gets a rent reduction for managing the apartment building he lives in
Amy, who manages two properties she owns
Denise, who is paid by the property owner to maintain the building's
landscaping
3. All listings must be in writing according to:
Arizona Revised Statutes
Arizona Constitution
Federal Fair Housing Statutes
Common Law
4. Which of the following resources is NOT typically used by real estate agents in
Arizona to ensure compliance with legal regulations?
, Quarterly bulletin published by the Real Estate Division
The AZ Revised Statutes Critical update page
Substantive Policy Statements
Continuing education courses every 24 months
5. A sales associate has hired an unlicensed assistant. Which of the following duties
can the unlicensed assistant not perform?
Take phone calls
Negotiate a listing agreement with a seller
Type contracts
Deposit escrow checks
6. An applicant for a real estate license has passed the state exam. What is her
deadline for completing her application before credit for passing the exam expires?
3 months.
24 months
12 months.
6 months.
7. Describe the role of the designated broker in relation to a licensed real estate
agent's commission in Arizona.
The designated broker can receive commissions directly from clients instead of
agents.
The designated broker only provides training to agents and does not handle
commissions.
, The designated broker is only involved in the sale of properties, not in
commission distribution.
The designated broker is responsible for overseeing the transactions and
ensuring that agents receive their commissions.
8. At what point in a real estate transaction is a commission typically considered to be
earned?
When the broker approves the full and complete file
At the time the sale is procured
At the time the property is recorded
Upon successful close by the escrow agent
9. If a real estate agent fails to notify the commissioner of their address change within
the required time frame, what potential consequences might they face?
They may face penalties for non-compliance with licensing regulations.
They will be required to retake the licensing exam.
Their license will be automatically renewed.
They will receive a warning but no penalties.
10. The Common Law source of laws is:
Derived from the US. Constitution
Derived from Customs and Judicial Decisions
Derived from State/Federal Legislation
None of the above
, 11. If a real estate agent in Arizona fails to complete their continuing education
requirements, what potential consequence might they face?
Increased commission rates
Mandatory attendance at additional training sessions
No consequences as it is optional
Loss of their real estate license
12. Civil penalties issued by the Commissioner as a result of multiple violations cannot
exceed:
$50,000
$75,000
$150,000
$100,000
13. If the Arizona State Legislature were to revoke the rule-making authority of the
Department of Real Estate, what impact would this have on real estate practices in
Arizona?
It would enhance the Department's regulatory powers.
It would have no impact on real estate practices.
It would allow the Governor to take over the Department's functions.
It would limit the Department's ability to create and enforce regulations.
14. If a real estate agent procures a buyer for a property but the sale does not close
due to financing issues, when is the commission earned?
The commission is earned upon successful close by the escrow agent.
