ARIZONA REAL ESTATE REVISION EXAM 2025/2026
QUESTIONS AND ANSWERS GUARANTEE A+
✔✔Ratified - ✔✔An agent writes a contract on a property but has no written agency
relationship with anyone. Later the parties continue to treat the salesperson as their
agent. The transaction closes, and all documents are delivered. This type of agency
would most likely be:
✔✔Commission rate - ✔✔What is not required for a listing contract to be valid?
✔✔Subagent to the seller - ✔✔A broker lists a property with provisions of subagency.
Another broker accepts the term of the listing broker's offer to cooperate. The co-
operating broker is acting as:
✔✔He can buy the property if he discloses he has a license - ✔✔A broker and an
unlicensed buyer are looking at the same house. What must the broker disclose?
✔✔Having a valid license - ✔✔A salesperson's right to compensation is based on:
✔✔Employing Broker - ✔✔Who does a salesperson represent?
✔✔Special - ✔✔A broker relationship to a seller would most likely be:
✔✔Transfer the listing to another salesperson - ✔✔In a listing held by a broker, what
does not require the owner's approval?
✔✔Attorney-In-Fact - ✔✔Who can sign a contract for a seller?
✔✔Contact the listing broker - ✔✔You write an offer on another broker's listing. What
should you do?
✔✔The salesperson is an agent of the corporation and the corporation is an agent to
the seller - ✔✔When a salesperson works for a brokerage company that is
incorporated, which of the following is true?
✔✔Make a list of personal property to be included in the contract - ✔✔Which of the
following listed below would be the duty of a listing broker?
✔✔Abstract of title and opinion - ✔✔Which of the following would a broker not give in a
normal real estate transaction?
✔✔Obtain the lowest price for the buyer - ✔✔A buyer's broker has a client interested in
buying a parcel of land that is presently listed with another brokerage. The buyer's
broker has a duty to:
, ✔✔Present the offer to the seller - ✔✔Seller of a property tells a broker he only wants to
see full price offers. The broker receives an offer less than the listed price, what should
the broker do?
✔✔The salesperson may receive a commission - ✔✔Broker A hires salesperson B who
enters into a contract with a buyer and seller and opens escrow. Before the close of
escrow, broker A's license is suspended. What is the status of the commission to be
paid the salesperson on the opened escrow?
✔✔Open - ✔✔What type of listing would give the broker the least protection?
✔✔The seller will not pay a commission if the seller sells the property himself -
✔✔Under an exclusive agency listing:
✔✔Disclosed to buyer and seller in writing - ✔✔A salesperson may enter into a dual
agency provided this is:
✔✔Salesperson dies - ✔✔Under what condition would a listing not terminate?
✔✔Power of attorney - ✔✔What is the process of giving someone the right to sign your
name:
✔✔Principal - ✔✔Who gives the right for a party to act in behalf of another in
negotiations?
✔✔Fiduciary - ✔✔When a person hires another involving a relationship of trust and
confidence, this is called:
✔✔Seller/Broker - ✔✔When a principal/agent relationship exists, the following parties
would be involved:
✔✔Open listing - ✔✔The term procuring cause would need to be proven most in which
of the following?
✔✔Re-write and negotiate all listings - ✔✔When the listing broker dies, his son wishes
to take over all the listings. The son must:
✔✔Executory bilateral - ✔✔An exclusive right to sell listing is what type of contract?
✔✔Nothing - ✔✔An owner sold his listed property himself prior to expiration of the
exclusive agency listing. The amount of commission owed is:
QUESTIONS AND ANSWERS GUARANTEE A+
✔✔Ratified - ✔✔An agent writes a contract on a property but has no written agency
relationship with anyone. Later the parties continue to treat the salesperson as their
agent. The transaction closes, and all documents are delivered. This type of agency
would most likely be:
✔✔Commission rate - ✔✔What is not required for a listing contract to be valid?
✔✔Subagent to the seller - ✔✔A broker lists a property with provisions of subagency.
Another broker accepts the term of the listing broker's offer to cooperate. The co-
operating broker is acting as:
✔✔He can buy the property if he discloses he has a license - ✔✔A broker and an
unlicensed buyer are looking at the same house. What must the broker disclose?
✔✔Having a valid license - ✔✔A salesperson's right to compensation is based on:
✔✔Employing Broker - ✔✔Who does a salesperson represent?
✔✔Special - ✔✔A broker relationship to a seller would most likely be:
✔✔Transfer the listing to another salesperson - ✔✔In a listing held by a broker, what
does not require the owner's approval?
✔✔Attorney-In-Fact - ✔✔Who can sign a contract for a seller?
✔✔Contact the listing broker - ✔✔You write an offer on another broker's listing. What
should you do?
✔✔The salesperson is an agent of the corporation and the corporation is an agent to
the seller - ✔✔When a salesperson works for a brokerage company that is
incorporated, which of the following is true?
✔✔Make a list of personal property to be included in the contract - ✔✔Which of the
following listed below would be the duty of a listing broker?
✔✔Abstract of title and opinion - ✔✔Which of the following would a broker not give in a
normal real estate transaction?
✔✔Obtain the lowest price for the buyer - ✔✔A buyer's broker has a client interested in
buying a parcel of land that is presently listed with another brokerage. The buyer's
broker has a duty to:
, ✔✔Present the offer to the seller - ✔✔Seller of a property tells a broker he only wants to
see full price offers. The broker receives an offer less than the listed price, what should
the broker do?
✔✔The salesperson may receive a commission - ✔✔Broker A hires salesperson B who
enters into a contract with a buyer and seller and opens escrow. Before the close of
escrow, broker A's license is suspended. What is the status of the commission to be
paid the salesperson on the opened escrow?
✔✔Open - ✔✔What type of listing would give the broker the least protection?
✔✔The seller will not pay a commission if the seller sells the property himself -
✔✔Under an exclusive agency listing:
✔✔Disclosed to buyer and seller in writing - ✔✔A salesperson may enter into a dual
agency provided this is:
✔✔Salesperson dies - ✔✔Under what condition would a listing not terminate?
✔✔Power of attorney - ✔✔What is the process of giving someone the right to sign your
name:
✔✔Principal - ✔✔Who gives the right for a party to act in behalf of another in
negotiations?
✔✔Fiduciary - ✔✔When a person hires another involving a relationship of trust and
confidence, this is called:
✔✔Seller/Broker - ✔✔When a principal/agent relationship exists, the following parties
would be involved:
✔✔Open listing - ✔✔The term procuring cause would need to be proven most in which
of the following?
✔✔Re-write and negotiate all listings - ✔✔When the listing broker dies, his son wishes
to take over all the listings. The son must:
✔✔Executory bilateral - ✔✔An exclusive right to sell listing is what type of contract?
✔✔Nothing - ✔✔An owner sold his listed property himself prior to expiration of the
exclusive agency listing. The amount of commission owed is:
