AZ REAL ESTATE STATUTES & RULES
EXAM QUESTIONS WITH COMPLETE
ANSWERS
Common laws are derived mainly from where?
Select one:
a. Common laws borrowed from other states
b. Written laws passed by legislators
c. Statutory laws already in effect
d. Customs and judicial precedent - ANSWER-d. Customs and judicial precedent
Which of the following statements is correct:
Select one:
a. Commissioner must audit brokers records every 2 years
b. Written complaints against a license are forwarded to the agents designated
broker
c. Commissioner must hold an active license in the State of Arizona
d. Commissioner must investigate anytime a written complaint is filed - ANSWER-d.
Commissioner must investigate anytime a written complaint is filed
The Public report is:
Select one:
a. Issued by the Arizona Department of Real Estate
b. Approved and accredited by the Commissioner
c. Provides a right to sell lots in a subdivision before final report is done
d. All of the Above - ANSWER-a. Issued by the Arizona Department of Real Estate
The duties of ADRE include the regulation of all of the following except:
Select one:
a. Subdivisions
b. Condominiums
c. New Home Plottage
d. Cemeteries - ANSWER-c. New Home Plottage
The main objective of the Real Estate Advisory board is to:
Select one:
a. Provide advisory services to new agents and recently approved brokers
b. Draft, create and update curriculum for all online and in person education
c. Make recommendations to the commissioner to benefit the public
d. Ensure that the general public has access to all real estate approved forms -
ANSWER-c. Make recommendations to the commissioner to benefit the public
The Advisory Board consists of _____ members who server for ___ years each:
Select one:
a. 6, 5
b. 8, 4
c. 10, 6
, d. 5, 6 - ANSWER-c. 10, 6
Upon passing the approved real estate school exam, the pre-licensure education is
good for how long in the State of Arizona:
Select one:
a. 10 years
b. 2 years
c. 1 years
d. 6 months - ANSWER-a. 10 years
Real Estate agents find resources on how to operate safely and stay within the law
by reviewing all of the following except:
Select one:
a. The AZ Revised Statutes Critical update page
b. Quarterly bulletin published by the Real Estate Division
c. Continuing education courses every 24 months
d. Substantive Policy Statements - ANSWER-a. The AZ Revised Statutes Critical
update page
How many members of the general public serve on the Advisory Board?
Select one:
a. 3
b. 1
c. 2
d. 6 - ANSWER-a. 3
A salesperson must apply to the State of Arizona to activate their license within how
many years of passing the State Examination?
Select one:
a. 2
b. 1
c. 10
d. No Limit - ANSWER-b. 1
Members of The Advisory Board earn how much per year:
Select one:
a. $0
b. $25,000
c. $36,000
d. $42,000 - ANSWER-a. $0
Rhonda took her required continuing education courses on time but failed to notify
the state on time by submitting her hours. What happens to her license now:
Select one:
a. Her license is terminated
b. Her broker will assume her files until she gets current
c. She must retake the full 90 hours classroom and pass the exam again to be
reinstated
d. She enters into a grace period of 1 year - ANSWER-d. She enters into a grace
period of 1 year
EXAM QUESTIONS WITH COMPLETE
ANSWERS
Common laws are derived mainly from where?
Select one:
a. Common laws borrowed from other states
b. Written laws passed by legislators
c. Statutory laws already in effect
d. Customs and judicial precedent - ANSWER-d. Customs and judicial precedent
Which of the following statements is correct:
Select one:
a. Commissioner must audit brokers records every 2 years
b. Written complaints against a license are forwarded to the agents designated
broker
c. Commissioner must hold an active license in the State of Arizona
d. Commissioner must investigate anytime a written complaint is filed - ANSWER-d.
Commissioner must investigate anytime a written complaint is filed
The Public report is:
Select one:
a. Issued by the Arizona Department of Real Estate
b. Approved and accredited by the Commissioner
c. Provides a right to sell lots in a subdivision before final report is done
d. All of the Above - ANSWER-a. Issued by the Arizona Department of Real Estate
The duties of ADRE include the regulation of all of the following except:
Select one:
a. Subdivisions
b. Condominiums
c. New Home Plottage
d. Cemeteries - ANSWER-c. New Home Plottage
The main objective of the Real Estate Advisory board is to:
Select one:
a. Provide advisory services to new agents and recently approved brokers
b. Draft, create and update curriculum for all online and in person education
c. Make recommendations to the commissioner to benefit the public
d. Ensure that the general public has access to all real estate approved forms -
ANSWER-c. Make recommendations to the commissioner to benefit the public
The Advisory Board consists of _____ members who server for ___ years each:
Select one:
a. 6, 5
b. 8, 4
c. 10, 6
, d. 5, 6 - ANSWER-c. 10, 6
Upon passing the approved real estate school exam, the pre-licensure education is
good for how long in the State of Arizona:
Select one:
a. 10 years
b. 2 years
c. 1 years
d. 6 months - ANSWER-a. 10 years
Real Estate agents find resources on how to operate safely and stay within the law
by reviewing all of the following except:
Select one:
a. The AZ Revised Statutes Critical update page
b. Quarterly bulletin published by the Real Estate Division
c. Continuing education courses every 24 months
d. Substantive Policy Statements - ANSWER-a. The AZ Revised Statutes Critical
update page
How many members of the general public serve on the Advisory Board?
Select one:
a. 3
b. 1
c. 2
d. 6 - ANSWER-a. 3
A salesperson must apply to the State of Arizona to activate their license within how
many years of passing the State Examination?
Select one:
a. 2
b. 1
c. 10
d. No Limit - ANSWER-b. 1
Members of The Advisory Board earn how much per year:
Select one:
a. $0
b. $25,000
c. $36,000
d. $42,000 - ANSWER-a. $0
Rhonda took her required continuing education courses on time but failed to notify
the state on time by submitting her hours. What happens to her license now:
Select one:
a. Her license is terminated
b. Her broker will assume her files until she gets current
c. She must retake the full 90 hours classroom and pass the exam again to be
reinstated
d. She enters into a grace period of 1 year - ANSWER-d. She enters into a grace
period of 1 year
