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Arizona School of Real Estate and Business Practice Exam Questions and Answers

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A 3.45 acre lot sells for $.50 per square foot. What is the selling price $75,141 Applying to add refers to an ad that Gives no indication that the property is listed as a broker A bar were is required to put 10% down for the purchase of the property. The 10% down would be considered Equity A broker acting as a property manager, would be what type of Asian General A buyer pays 20% down and obtains a real state mortgage. The buyer makes no further payments. What clause with the lender now exercise Acceleration In Arizona, a civil suit for $2500 would be heard in Court of small claims A contract has been signed, but title has not yet passed. The contract is Executory A handicap person is leasing a house that requires modification. Which of the following is true about the modifications The lessor can require the lessee to reasonably restore the property at the end of the lease A hold of her tenant would have a(n) Estate at sufferance I'm home owner bought a house for $278,000. She sold at nine years later for $264,000. What is her percent of loss 5% A house cost $100,000. The buyer is making a down payment of $32,000 and getting a $68,000 loan if there are four points, how much money will be paid out of closing for the points $2720 A lender refuses to loan or limits moans in a certain minority neighborhood. This action is called Redlining Unless he puts in a bookcase for commercial use; at the end of the lease the bookcase is removed. A bookcase would be considered A trade fixture


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