Arizona Real Estate Exam Prep 2026 (State-
Specific Facts) ACTUAL UPDATED
QUESTIONS AND CORRECT ANSWERS
Are mobile homes considered real In Arizona, mobile homes are considered personal
or personal property? property until the titles are given up, and an
Affidavit of Affixture is recorded.
What does Arizona law require The owner must be given at least a minimum of 20
before a lawsuit for condemnation days' notice. The notice must include a written
can take place? offer, the compensation offered, and justify it with
at least one or more appraisals.
How long must one wait until they In Arizona, a minimum of 10 years is needed to
can claim ownership of a property claim ownership through adverse possession.
through adverse possession?
, Are net listings illegal in Arizona? No, but they are deeply frowned upon.
What is an agent or seller not liable In Arizona, an agent or seller is not liable for not
for not disclosing? disclosing that the property was:
- The site of a death (suicide, felony, etc.)
- Owned or occupied by someone with HIV/AIDS
- Located near a sex offender
What does Arizona law say about IT MUST BE IN WRITING TO COMPLY and collect
agency relationships? fees.
According to the Arizona A copy of the agreement must be given once they
Commissioner's rules, what must be sign it.
given as soon as someone signs an
agreement?
What do the Arizona statutes say The form of earnest money must be stated. In
regarding earnest money? addition, it must be placed in a trust account or
escrow immediately unless otherwise agreed.
Is E and O insurance required in No. Errors and Omissions insurance is NOT
Arizona? required.
Does Arizona use mortgages or Arizona uses deeds of trust.
deeds of trust as a lien instrument?
If the potential presence of lead- A 10-day inspection period is required.
based paint exists, how many days
does HUD require for an inspection
period?
Specific Facts) ACTUAL UPDATED
QUESTIONS AND CORRECT ANSWERS
Are mobile homes considered real In Arizona, mobile homes are considered personal
or personal property? property until the titles are given up, and an
Affidavit of Affixture is recorded.
What does Arizona law require The owner must be given at least a minimum of 20
before a lawsuit for condemnation days' notice. The notice must include a written
can take place? offer, the compensation offered, and justify it with
at least one or more appraisals.
How long must one wait until they In Arizona, a minimum of 10 years is needed to
can claim ownership of a property claim ownership through adverse possession.
through adverse possession?
, Are net listings illegal in Arizona? No, but they are deeply frowned upon.
What is an agent or seller not liable In Arizona, an agent or seller is not liable for not
for not disclosing? disclosing that the property was:
- The site of a death (suicide, felony, etc.)
- Owned or occupied by someone with HIV/AIDS
- Located near a sex offender
What does Arizona law say about IT MUST BE IN WRITING TO COMPLY and collect
agency relationships? fees.
According to the Arizona A copy of the agreement must be given once they
Commissioner's rules, what must be sign it.
given as soon as someone signs an
agreement?
What do the Arizona statutes say The form of earnest money must be stated. In
regarding earnest money? addition, it must be placed in a trust account or
escrow immediately unless otherwise agreed.
Is E and O insurance required in No. Errors and Omissions insurance is NOT
Arizona? required.
Does Arizona use mortgages or Arizona uses deeds of trust.
deeds of trust as a lien instrument?
If the potential presence of lead- A 10-day inspection period is required.
based paint exists, how many days
does HUD require for an inspection
period?
