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AZ REAL ESTATE TEST EXAM ALL 300 RANDOMIZED
PRACTICE QUESTIONS WITH ANSWERS &
RATIONALES LATEST VERSION THIS YEAR
1. The "bundle of rights" in real property includes all of the following EXCEPT:
A) The right to possess
B) The right to control
C) The right to exclude
D) The right to mortgage
E) The right to tax
Answer: E The bundle of rights includes the rights to possess, control, exclude, enjoy, and dispose of
property. The right to tax is a government power, not a private property right.
2. Which of the following is an example of a freehold estate?
A) A leasehold estate
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B) A life estate
C) A tenancy for years
D) A periodic tenancy
Answer: B A life estate is a freehold estate because it lasts for the lifetime of the person holding it.
Leasehold estates (tenancy for years, periodic tenancy) are non-freehold estates.
3. A fee simple absolute is best described as:
A) The highest form of ownership interest in real property
B) An ownership interest that lasts only for the life of the owner
C) A leasehold interest
D) An interest that reverts to the grantor upon the death of the grantee
Answer: A Fee simple absolute is the highest and most complete form of ownership interest in real
property. It is inheritable and has no conditions or limitations.
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4. Which type of ownership allows for the right of survivorship?
A) Tenancy in common
B) Joint tenancy
C) Tenancy by the entirety
D) Both B and C
Answer: D Both joint tenancy and tenancy by the entirety include the right of survivorship, meaning the
surviving owner automatically inherits the deceased owner's share. Tenancy in common does not have
this feature.
5. A fixture is defined as:
A) Personal property that has been attached to real property
B) An item that is easily removable
C) A trade fixture
D) An emblement
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Answer: A A fixture is personal property that has been attached to real property and is legally
considered part of the real property. Factors for determining a fixture include annexation, adaptation,
and intent.
6. What is the term for the right to use another person's land for a specific purpose without possessing
it?
A) License
B) Easement
C) Lien
D) Deed
Answer: B An easement grants a non-possessory right to use another's land for a specific purpose, such
as utility lines or access. A license is a revocable permission.
AZ REAL ESTATE TEST EXAM ALL 300 RANDOMIZED
PRACTICE QUESTIONS WITH ANSWERS &
RATIONALES LATEST VERSION THIS YEAR
1. The "bundle of rights" in real property includes all of the following EXCEPT:
A) The right to possess
B) The right to control
C) The right to exclude
D) The right to mortgage
E) The right to tax
Answer: E The bundle of rights includes the rights to possess, control, exclude, enjoy, and dispose of
property. The right to tax is a government power, not a private property right.
2. Which of the following is an example of a freehold estate?
A) A leasehold estate
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B) A life estate
C) A tenancy for years
D) A periodic tenancy
Answer: B A life estate is a freehold estate because it lasts for the lifetime of the person holding it.
Leasehold estates (tenancy for years, periodic tenancy) are non-freehold estates.
3. A fee simple absolute is best described as:
A) The highest form of ownership interest in real property
B) An ownership interest that lasts only for the life of the owner
C) A leasehold interest
D) An interest that reverts to the grantor upon the death of the grantee
Answer: A Fee simple absolute is the highest and most complete form of ownership interest in real
property. It is inheritable and has no conditions or limitations.
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4. Which type of ownership allows for the right of survivorship?
A) Tenancy in common
B) Joint tenancy
C) Tenancy by the entirety
D) Both B and C
Answer: D Both joint tenancy and tenancy by the entirety include the right of survivorship, meaning the
surviving owner automatically inherits the deceased owner's share. Tenancy in common does not have
this feature.
5. A fixture is defined as:
A) Personal property that has been attached to real property
B) An item that is easily removable
C) A trade fixture
D) An emblement
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Answer: A A fixture is personal property that has been attached to real property and is legally
considered part of the real property. Factors for determining a fixture include annexation, adaptation,
and intent.
6. What is the term for the right to use another person's land for a specific purpose without possessing
it?
A) License
B) Easement
C) Lien
D) Deed
Answer: B An easement grants a non-possessory right to use another's land for a specific purpose, such
as utility lines or access. A license is a revocable permission.
