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ARIZONA REAL ESTATE PRE-LICENSE FINAL
EXAM 2025| BRAND NEW ACTUAL EXAM WITH
100% VERIFIED QUESTIONS AND CORRECT
SOLUTIONS| GUARANTEED VALUE PACK| ACE
YOUR GRADES.
Q1) Which of the following ways of specializing is common in the real
estate brokerage business?
A. By type of mortgage financing required
B. By years of experience in the business
C. By type of property
D. By background of client - correct answer - C. By type of property
Q2) Which of the following is included in the legal concept of land?
A. A corn crop
B. A lake
C. A felled tree
D. An abandoned vehicle - correct answer - B. A lake
Q3) A property abuts a non-navigable stream. What does the owner own?
A. Land to the low-water mark
B. Underlying land to the middle of the waterway
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C. Land to the high-water mark
D. All water to the middle of the waterway - correct answer - B. Underlying
land to the middle of the waterway
Q4) A retailer installs special display counters to exhibit her products. At
the end of the lease term, the retailer moves to another state, leaving the
counters in the store. At this point the counters are considered which of the
following?
A. trade fixtures, and therefore real property
B. trade fixtures and therefore personal property
C. real property, since the trade fixtures were abandoned
D. personal property that must be returned to the retailer - correct answer -
C. real property, since the trade fixtures were abandoned
Q5) How is a legal life estate created?
A. By an owner's voluntary grant
B. By operation of law
C. Through the four unities
D. Through a defeasible conveyance - correct answer - B. By operation of
law
Q6) Which of the following is true of a homestead?
A. A homestead interest can be conveyed by one spouse
B. A homestead interest cannot be exempt from creditors
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C. A homestead interest is a form of legal life estate
D. A homestead is any privately owned single-family residence - correct
answer - C. A homestead interest is a form of legal life estate
Q7) Three people have identical rights in a property, share an indivisible
interest, but may sell or transfer their interest without consent of the others.
This type of ownership is
A. joint tenancy.
B. tenancy by the entireties.
C. estate in severalty.
D. tenancy in common. - correct answer - D. tenancy in common.
Q8) A condominium estate is distinguished by
A. ownership of a share in an association and a condominium lease on the
owned unit.
B. tenancy in common interest in airspace and common areas of the
property.
C. fee simple ownership of a unit and an undivided share of the common
areas.
D. fee simple ownership of an equal share of the entire property. - correct
answer - C. fee simple ownership of a unit and an undivided share of the
common areas.
Q9) An easement by prescription requires that
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A. the use be continuous, known, and permitted by the owner for a period
of time.
B. the use be continuous, open, and hostile for a required period of time.
C. the owner of an adjoining property be landlocked.
D. the owner of the affected property be an adverse possessor. - correct
answer - B. the use be continuous, open, and hostile for a required period
of time.
Q10) In a lien-theory state
A. liens are recorded in trusts as opposed to title records.
B. the lender records a lien while the borrower retains title to the mortgaged
property.
C. liened properties are foreclosed by strict foreclosure.
D. trustees retain title during a mortgage period. - correct answer - B. the
lender records a lien while the borrower retains title to the mortgaged
property.
Q11) Five liens have been recorded against a certain house, in the
following order: first mortgage, mechanic's lien, second mortgage, real
estate tax lien, special assessment lien. Which lien will be the last one to
be paid from the proceeds of the sale of the house?
A. Special assessment lien
B. Mechanic's lien
C. Second mortgage lien
D. Real estate tax lien - correct answer - C. Second mortgage lien
ARIZONA REAL ESTATE PRE-LICENSE FINAL
EXAM 2025| BRAND NEW ACTUAL EXAM WITH
100% VERIFIED QUESTIONS AND CORRECT
SOLUTIONS| GUARANTEED VALUE PACK| ACE
YOUR GRADES.
Q1) Which of the following ways of specializing is common in the real
estate brokerage business?
A. By type of mortgage financing required
B. By years of experience in the business
C. By type of property
D. By background of client - correct answer - C. By type of property
Q2) Which of the following is included in the legal concept of land?
A. A corn crop
B. A lake
C. A felled tree
D. An abandoned vehicle - correct answer - B. A lake
Q3) A property abuts a non-navigable stream. What does the owner own?
A. Land to the low-water mark
B. Underlying land to the middle of the waterway
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C. Land to the high-water mark
D. All water to the middle of the waterway - correct answer - B. Underlying
land to the middle of the waterway
Q4) A retailer installs special display counters to exhibit her products. At
the end of the lease term, the retailer moves to another state, leaving the
counters in the store. At this point the counters are considered which of the
following?
A. trade fixtures, and therefore real property
B. trade fixtures and therefore personal property
C. real property, since the trade fixtures were abandoned
D. personal property that must be returned to the retailer - correct answer -
C. real property, since the trade fixtures were abandoned
Q5) How is a legal life estate created?
A. By an owner's voluntary grant
B. By operation of law
C. Through the four unities
D. Through a defeasible conveyance - correct answer - B. By operation of
law
Q6) Which of the following is true of a homestead?
A. A homestead interest can be conveyed by one spouse
B. A homestead interest cannot be exempt from creditors
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C. A homestead interest is a form of legal life estate
D. A homestead is any privately owned single-family residence - correct
answer - C. A homestead interest is a form of legal life estate
Q7) Three people have identical rights in a property, share an indivisible
interest, but may sell or transfer their interest without consent of the others.
This type of ownership is
A. joint tenancy.
B. tenancy by the entireties.
C. estate in severalty.
D. tenancy in common. - correct answer - D. tenancy in common.
Q8) A condominium estate is distinguished by
A. ownership of a share in an association and a condominium lease on the
owned unit.
B. tenancy in common interest in airspace and common areas of the
property.
C. fee simple ownership of a unit and an undivided share of the common
areas.
D. fee simple ownership of an equal share of the entire property. - correct
answer - C. fee simple ownership of a unit and an undivided share of the
common areas.
Q9) An easement by prescription requires that
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A. the use be continuous, known, and permitted by the owner for a period
of time.
B. the use be continuous, open, and hostile for a required period of time.
C. the owner of an adjoining property be landlocked.
D. the owner of the affected property be an adverse possessor. - correct
answer - B. the use be continuous, open, and hostile for a required period
of time.
Q10) In a lien-theory state
A. liens are recorded in trusts as opposed to title records.
B. the lender records a lien while the borrower retains title to the mortgaged
property.
C. liened properties are foreclosed by strict foreclosure.
D. trustees retain title during a mortgage period. - correct answer - B. the
lender records a lien while the borrower retains title to the mortgaged
property.
Q11) Five liens have been recorded against a certain house, in the
following order: first mortgage, mechanic's lien, second mortgage, real
estate tax lien, special assessment lien. Which lien will be the last one to
be paid from the proceeds of the sale of the house?
A. Special assessment lien
B. Mechanic's lien
C. Second mortgage lien
D. Real estate tax lien - correct answer - C. Second mortgage lien
