ASREB Practice Test 2025 Questions
and Answers
Valid - --CORRECT ANSWER--A buyer and seller enter into a purchase contract,
but the broker fails to initial the contract within the required ten business days,
what is the status of the purchase contract?
Expired - --CORRECT ANSWER--If a real estate license is not renewed on time,
the status of the license is:
Commercial Lots - --CORRECT ANSWER--A subdivision public report is
required on the following properties except:
The falsity of any statement or representation - --CORRECT ANSWER--For
purposes of real estate law, "knowingly" or "with knowledge" includes engaging in
any prohibited conduct if the subject person actually knew or should have known:
The applicant must obtain an active or inactive license within one year of the test
date - --CORRECT ANSWER--Once an applicant passes the real estate exam,
which of the following statements are true?
Commission for sales of apartments - --CORRECT ANSWER--An unlicensed
apartment leasing agent may NOT accept:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Arizona Constitution Article XXVI - --CORRECT ANSWER--The right of a
licensee to prepare contracts in Arizona comes from:
$1000 - --CORRECT ANSWER--When a broker is charged an administrative fine,
the amount of the fine is up to:
Turn it over to their broker - --CORRECT ANSWER--When a salesperson
receives earnest money, he/she should:
Must be placed with a broker in order to earn a commission - --CORRECT
ANSWER--Once a real estate license is issued in Arizona, it:
Not providing detailed floor plans - --CORRECT ANSWER--A public report will
be denied a developer for all of the following reasons except:
Audits broker's trust accounts - --CORRECT ANSWER--Which of the following
is true? The Arizona Department of Real Estate...
The Arizona Real Estate Department - --CORRECT ANSWER--Who does an
agent need to notify for a change of his or her home address?
The auctioneer needs a license - --CORRECT ANSWER--Bob and Mary have
decided to purchase a house from a real estate auction. Which of the following is
true?
Permanent access - --CORRECT ANSWER--A subdivider must be able to give
the purchaser:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, The affidavit of disclosure applies only to residential-zoned property - --
CORRECT ANSWER--Which of the following is FALSE regarding the Affidavit
of Disclosure?
Automatic renewal clause - --CORRECT ANSWER--Which of the following may
NOT appear in a valid listing contract?
Recovery fund claim - --CORRECT ANSWER--The commissioner of real estate
may issue a cease and desist order for all of the following EXCEPT:
Policies, rules, procedures and systems - --CORRECT ANSWER--A broker must
establish a system for monitoring compliance with the broker's:
One - --CORRECT ANSWER--How many people are required to have a real
estate branch office?
An ad that does not indicate it is listed by a brokerage firm. - --CORRECT
ANSWER--Which of the following statements would relate to a blind ad?
A commission - --CORRECT ANSWER--Under Arizona law, a broker may
receive _____ from both parties in a transaction if and only if both parties are
informed and agree to the arrangement in writing.
The broker cannot discuss any offers he received on the property while he was the
listing agent - --CORRECT ANSWER--A broker's listing agreement expired two
weeks ago, and the seller has re-listed with another agency. However, that broker
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
and Answers
Valid - --CORRECT ANSWER--A buyer and seller enter into a purchase contract,
but the broker fails to initial the contract within the required ten business days,
what is the status of the purchase contract?
Expired - --CORRECT ANSWER--If a real estate license is not renewed on time,
the status of the license is:
Commercial Lots - --CORRECT ANSWER--A subdivision public report is
required on the following properties except:
The falsity of any statement or representation - --CORRECT ANSWER--For
purposes of real estate law, "knowingly" or "with knowledge" includes engaging in
any prohibited conduct if the subject person actually knew or should have known:
The applicant must obtain an active or inactive license within one year of the test
date - --CORRECT ANSWER--Once an applicant passes the real estate exam,
which of the following statements are true?
Commission for sales of apartments - --CORRECT ANSWER--An unlicensed
apartment leasing agent may NOT accept:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Arizona Constitution Article XXVI - --CORRECT ANSWER--The right of a
licensee to prepare contracts in Arizona comes from:
$1000 - --CORRECT ANSWER--When a broker is charged an administrative fine,
the amount of the fine is up to:
Turn it over to their broker - --CORRECT ANSWER--When a salesperson
receives earnest money, he/she should:
Must be placed with a broker in order to earn a commission - --CORRECT
ANSWER--Once a real estate license is issued in Arizona, it:
Not providing detailed floor plans - --CORRECT ANSWER--A public report will
be denied a developer for all of the following reasons except:
Audits broker's trust accounts - --CORRECT ANSWER--Which of the following
is true? The Arizona Department of Real Estate...
The Arizona Real Estate Department - --CORRECT ANSWER--Who does an
agent need to notify for a change of his or her home address?
The auctioneer needs a license - --CORRECT ANSWER--Bob and Mary have
decided to purchase a house from a real estate auction. Which of the following is
true?
Permanent access - --CORRECT ANSWER--A subdivider must be able to give
the purchaser:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, The affidavit of disclosure applies only to residential-zoned property - --
CORRECT ANSWER--Which of the following is FALSE regarding the Affidavit
of Disclosure?
Automatic renewal clause - --CORRECT ANSWER--Which of the following may
NOT appear in a valid listing contract?
Recovery fund claim - --CORRECT ANSWER--The commissioner of real estate
may issue a cease and desist order for all of the following EXCEPT:
Policies, rules, procedures and systems - --CORRECT ANSWER--A broker must
establish a system for monitoring compliance with the broker's:
One - --CORRECT ANSWER--How many people are required to have a real
estate branch office?
An ad that does not indicate it is listed by a brokerage firm. - --CORRECT
ANSWER--Which of the following statements would relate to a blind ad?
A commission - --CORRECT ANSWER--Under Arizona law, a broker may
receive _____ from both parties in a transaction if and only if both parties are
informed and agree to the arrangement in writing.
The broker cannot discuss any offers he received on the property while he was the
listing agent - --CORRECT ANSWER--A broker's listing agreement expired two
weeks ago, and the seller has re-listed with another agency. However, that broker
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
