Real Estate ARIZONA STATE Practice Exam with Questions and Answers



A master planned community is

A)

Six or more lots, parcels, or fractional interests.

B)

Six or more lots, parcels, or fractional interests, each of which is 36 acres or more.

C)

A real estate development that includes real estate owned and operated by a nonprofit HOA.

D)

two or more platted subdivisions with recorded covenants, conditions, and restrictions (CC&Rs). ANSWER D)

two or more platted subdivisions with reco...
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