AZ Real Estate Test Questions and Correct
Answers
Question 1
Forcing a tenant to pay rent by seizing the leased premises and the personal property
inside is called:
Correct Answer
Distraint
Question 2
What is NOT part of the property manager's responsibilities?
a. ethics
b. keeping up with rental rates in the area
c. telling the owner the market value of the building
d. keeping current with vacancies
Correct Answer
c. telling the owner the market value of the building
Question 3
Which of the following would NOT be part of the Arizona Landlord Tenant Act?
a. security deposit regulations
b. property management agreement regulations
c. notices for eviction
d. notice period of condo conversion
Correct Answer
b. property management agreement regulations
Page 1 of 92
,Question 4
A landlord wishes to show a party your apartment. He may do so with how much
notice?
Correct Answer
48 hours
Question 5
When a tenant moves from a leased property because the landlord did not maintain
the rental unit, what has occurred?
Correct Answer
actual eviction
Question 6
A public report will NOT be issued if a subdivider in a AMA cannot show the ability to
provide:
a. perfect title
b. Assured water supply
c. mineral rights
d. Paved roads
Correct Answer
b. Assured water supply
Question 7
A false statement or misrepresentation by a seller or advertiser of real estate could
result in a consumer fraud action pursuant to:
a. regulation z
b. CERCLA
c. Arizona Consumer Fraud Protection Statues
d. RESPA
Correct Answer
c. Arizona Consumer Fraud Protection Statues
Page 2 of 92
,Question 8
Evidence of ownership which refers to the quality of the estate is:
a. mortgage
b. equity
c. title
d. leasehold
Correct Answer
c. title
Question 9
A property manager CANNOT receive:
a. reimbursement for out-of-pocket expenses
b. free rent on an apartment unit
c. a monthly management fee
d. rebates from suppliers
Correct Answer
d. rebates from suppliers
Question 10
A person who buys undeveloped acreage divides into ten 5 acre lots and sells the lots
is:
a. city planner
b. land developer
c. subdivider
d. speculator
Correct Answer
c. subdivider
Page 3 of 92
, Question 11
A right of way across an adjoining property for purposes of ingress and egress is
considered a/an:
a. Easement in gross
b. party easement
c. license
d. easement appurtenant
Correct Answer
d. easement appurtenant
Question 12
All of the following are required of property managers EXCEPT:
a. showing and leasing property
b. determining the owner's objectives
c. collecting rent
d. providing security for the tenants
Correct Answer
b. determining the owner's objectives
Question 13
A finder's fee paid to an unlicensed person by a broker is permissible:
Correct Answer
when paid to a tenant in a complex managed by the broker
Question 14
Which of the following most accurately describes a property manager?
a. fiduciary
b. trustee
c. escrow agent
d. resident manager
Correct Answer
a. fiduciary
Page 4 of 92
Answers
Question 1
Forcing a tenant to pay rent by seizing the leased premises and the personal property
inside is called:
Correct Answer
Distraint
Question 2
What is NOT part of the property manager's responsibilities?
a. ethics
b. keeping up with rental rates in the area
c. telling the owner the market value of the building
d. keeping current with vacancies
Correct Answer
c. telling the owner the market value of the building
Question 3
Which of the following would NOT be part of the Arizona Landlord Tenant Act?
a. security deposit regulations
b. property management agreement regulations
c. notices for eviction
d. notice period of condo conversion
Correct Answer
b. property management agreement regulations
Page 1 of 92
,Question 4
A landlord wishes to show a party your apartment. He may do so with how much
notice?
Correct Answer
48 hours
Question 5
When a tenant moves from a leased property because the landlord did not maintain
the rental unit, what has occurred?
Correct Answer
actual eviction
Question 6
A public report will NOT be issued if a subdivider in a AMA cannot show the ability to
provide:
a. perfect title
b. Assured water supply
c. mineral rights
d. Paved roads
Correct Answer
b. Assured water supply
Question 7
A false statement or misrepresentation by a seller or advertiser of real estate could
result in a consumer fraud action pursuant to:
a. regulation z
b. CERCLA
c. Arizona Consumer Fraud Protection Statues
d. RESPA
Correct Answer
c. Arizona Consumer Fraud Protection Statues
Page 2 of 92
,Question 8
Evidence of ownership which refers to the quality of the estate is:
a. mortgage
b. equity
c. title
d. leasehold
Correct Answer
c. title
Question 9
A property manager CANNOT receive:
a. reimbursement for out-of-pocket expenses
b. free rent on an apartment unit
c. a monthly management fee
d. rebates from suppliers
Correct Answer
d. rebates from suppliers
Question 10
A person who buys undeveloped acreage divides into ten 5 acre lots and sells the lots
is:
a. city planner
b. land developer
c. subdivider
d. speculator
Correct Answer
c. subdivider
Page 3 of 92
, Question 11
A right of way across an adjoining property for purposes of ingress and egress is
considered a/an:
a. Easement in gross
b. party easement
c. license
d. easement appurtenant
Correct Answer
d. easement appurtenant
Question 12
All of the following are required of property managers EXCEPT:
a. showing and leasing property
b. determining the owner's objectives
c. collecting rent
d. providing security for the tenants
Correct Answer
b. determining the owner's objectives
Question 13
A finder's fee paid to an unlicensed person by a broker is permissible:
Correct Answer
when paid to a tenant in a complex managed by the broker
Question 14
Which of the following most accurately describes a property manager?
a. fiduciary
b. trustee
c. escrow agent
d. resident manager
Correct Answer
a. fiduciary
Page 4 of 92
