ARIZONA REAL ESTATE EXAM AND PRACTICE EXAM
LATEST 2025 TEST BANK| COMPLETE 500 ACCURATE
QUESTIONS AND VERIFIED ANSWERS (100%
CORRECT ANSWERS) ALREADY GRADED A+
What clarifies ADRE's position on statues of rules?
A. Case Law
B. Arizona Administrative Code
C. Arizona Revised Statutes
D. Substantive Policy Statements - Correct Answer - D. Substantive Policy
Statements
The right of an Arizona real estate license to prepare certain legal
documents and forms comes from:
A. Arizona Statute of frauds
B. Commissioners rules
C. Arizona constitution
D. Local ordinance - Correct Answer - C. Arizona constitution
In Arizona, property owned before marriage is sole and separate. Property
acquired after marriage would be considered
A. Community property
B. Sole and separate
C. Tenancy in common
D. Joint Tenancy - Correct Answer - A. Community Property
pg. 1
,When conveying property in Arizona, a deed must be signed by the
A. Grantee
B. Mortgagor
C. Grantor
D. Trustor - Correct Answer - C. Grantor
In an agency relationship, the primary ethical duty of a broker is to
A. Disclose all items to all parties
B. Represent all parties
C. Represent neither buyer nor seller
D. Represent the principal - Correct Answer - D. Represent the principal
If a buyer buys a parcel of land for which a public report was required but
not issued, the buyer may void the sale within
A. 1 year
B. 2 years
C. 3 years
D. 5 years - Correct Answer - C. 3 years
Past due taxes appear on a title report as a(n)
A. Encumbrance
B. Encroachment
C. Lis pendens
D. Adverse possession - Correct Answer - A. Encumbrance
pg. 2
,In a sublease with a positive leasehold, who usually benefits from the
excess rent
A. Sublease
B. Lessor
C. Broker
D. Sublessor - Correct Answer - D. Sublessor
What document is recorded with the deed?
A. affidavit of value
B. purchase contract
C. property disclosure
D. closing disclosure - Correct Answer - A. affidavit of value
A bring down endorsement is associated with which of the following?
A. points
B. origination fee
C. title
D. homeowners’ insurance policy - Correct Answer - C. title
Which law requires the delivery of the Closure Disclosure prior to loan
consummation?
A. ECOA
B. FIRPTA
C. RESPA
D. HUD - Correct Answer - C. RESPA
pg. 3
, What is the purpose of the Foreign Investment Real Property Act?
A. report the sale of personal property
B. reports the sale price to IRS
C. requires tax withholding if seller is a non-resident alien
D. describes the loan status of foreign nationals - Correct Answer - C.
requires tax withholding if seller is a non-resident alien
Before. Tenant can exercise the self-help for minor defect provision, the
tenant must give the owner how many days to cure the defect?
A. 3 days
B. 5 days
C. 7 days
D. 10 days - Correct Answer - D. 10 days
At what point does recordation take place?
A. When a docket and page number are assigned
B. At close of escrow date
C. The date the document was signed
D. The date the document was notarized - Correct Answer - A. When a
docket and page number are assigned
After a mortgage foreclosure, if the sale amount was insufficient to cover
the debt, the lender may ask for a(n)
A. deficiency judgement
B. assessment
C. assignment of rents
D. deed in lieu of foreclosure - Correct Answer - A. deficiency judgement
pg. 4
LATEST 2025 TEST BANK| COMPLETE 500 ACCURATE
QUESTIONS AND VERIFIED ANSWERS (100%
CORRECT ANSWERS) ALREADY GRADED A+
What clarifies ADRE's position on statues of rules?
A. Case Law
B. Arizona Administrative Code
C. Arizona Revised Statutes
D. Substantive Policy Statements - Correct Answer - D. Substantive Policy
Statements
The right of an Arizona real estate license to prepare certain legal
documents and forms comes from:
A. Arizona Statute of frauds
B. Commissioners rules
C. Arizona constitution
D. Local ordinance - Correct Answer - C. Arizona constitution
In Arizona, property owned before marriage is sole and separate. Property
acquired after marriage would be considered
A. Community property
B. Sole and separate
C. Tenancy in common
D. Joint Tenancy - Correct Answer - A. Community Property
pg. 1
,When conveying property in Arizona, a deed must be signed by the
A. Grantee
B. Mortgagor
C. Grantor
D. Trustor - Correct Answer - C. Grantor
In an agency relationship, the primary ethical duty of a broker is to
A. Disclose all items to all parties
B. Represent all parties
C. Represent neither buyer nor seller
D. Represent the principal - Correct Answer - D. Represent the principal
If a buyer buys a parcel of land for which a public report was required but
not issued, the buyer may void the sale within
A. 1 year
B. 2 years
C. 3 years
D. 5 years - Correct Answer - C. 3 years
Past due taxes appear on a title report as a(n)
A. Encumbrance
B. Encroachment
C. Lis pendens
D. Adverse possession - Correct Answer - A. Encumbrance
pg. 2
,In a sublease with a positive leasehold, who usually benefits from the
excess rent
A. Sublease
B. Lessor
C. Broker
D. Sublessor - Correct Answer - D. Sublessor
What document is recorded with the deed?
A. affidavit of value
B. purchase contract
C. property disclosure
D. closing disclosure - Correct Answer - A. affidavit of value
A bring down endorsement is associated with which of the following?
A. points
B. origination fee
C. title
D. homeowners’ insurance policy - Correct Answer - C. title
Which law requires the delivery of the Closure Disclosure prior to loan
consummation?
A. ECOA
B. FIRPTA
C. RESPA
D. HUD - Correct Answer - C. RESPA
pg. 3
, What is the purpose of the Foreign Investment Real Property Act?
A. report the sale of personal property
B. reports the sale price to IRS
C. requires tax withholding if seller is a non-resident alien
D. describes the loan status of foreign nationals - Correct Answer - C.
requires tax withholding if seller is a non-resident alien
Before. Tenant can exercise the self-help for minor defect provision, the
tenant must give the owner how many days to cure the defect?
A. 3 days
B. 5 days
C. 7 days
D. 10 days - Correct Answer - D. 10 days
At what point does recordation take place?
A. When a docket and page number are assigned
B. At close of escrow date
C. The date the document was signed
D. The date the document was notarized - Correct Answer - A. When a
docket and page number are assigned
After a mortgage foreclosure, if the sale amount was insufficient to cover
the debt, the lender may ask for a(n)
A. deficiency judgement
B. assessment
C. assignment of rents
D. deed in lieu of foreclosure - Correct Answer - A. deficiency judgement
pg. 4
