Az real estate exam - Study guides, Class notes & Summaries

What is the form of co-ownership in which two or more persons each have an undivided interest in the property but no right of survivorship? - ANSWER Tenancy in Common A type of ownership that is considered a long-term lease is best described as: - ANSWER Cooperative Building codes are primarily enforced by: - ANSWER the issuance of permits An interest in and possession of any real property is called - ANSWER An estate Roberta wishes to build her garage 2 feet from her side lot line. ...

Who regulates ground water in AZ? - ANSWER ADWR (Arizona Department of Water Resource) Who is responsible for pest management in AZ? - ANSWER Arizona Department of Agriculture What does the ADRE Enforce? - ANSWER Real Estate Statutes and Commissioner's Rules How long is a septic tank inspection good for? - ANSWER 6 Months Which law requires a non-us resident to pay tax gains from US property sale? - ANSWER U.S. Foreign Investment in Real Property Tax Act and is referred to as F.I.R....

_________of the Arizona Constitution gives licensees the authority to prepare all types of real estate contract - ANSWER Article XXVI The______ requires real estate contracts to be in writing to be enforceable - ANSWER Statute of Frauds The________ are not law but have the force and effect of law on real estate licensees. - ANSWER Commissioner's Rules A real estate broker is defined in law as someone who performs real estate services for another and for - ANSWER Compensation Failur...

Who regulates ground water in AZ? - ANSWER ADWR (Arizona Department of Water Resource) Who is responsible for pest management in AZ? - ANSWER Arizona Department of Agriculture What does the ADRE Enforce? - ANSWER Real Estate Statutes and Commissioner's Rules How long is a septic tank inspection good for? - ANSWER 6 Months Which law requires a non-us resident to pay tax gains from US property sale? - ANSWER U.S. Foreign Investment in Real Property Tax Act and is referred to as F.I.R....

AZ Real Estate Exam 2022 #15 AGENCY RELATIONSHIPS QUESTIONS AND ANSWERS 2024

_________of the Arizona Constitution gives licensees the authority to prepare all types of real estate contract - Answer Article XXVI The______ requires real estate contracts to be in writing to be enforceable - Answer Statute of Frauds The________ are not law but have the force and effect of law on real estate licensees. - Answer Commissioner's Rules A real estate broker is defined in law as someone who performs real estate services for another and for - Answer Compensation Failur...

If a commission amount or percentage is NOT stated in the listing agreement: - ANSWER The broker would not be entitled to a commission Most homes in AZ are cold with legal descriptions that state: - ANSWER Lot and block In which of the following appraisal methods DOES an appraiser need to determine a dollar amount for depreciation? - ANSWER Cost Approach Rights of occupancy of an owner in a cooperative are based on: - ANSWER A proprietary lease If an apartment building's zoning ...

What is the form of co-ownership in which two or more persons each have an undivided interest in the property but no right of survivorship? - Answer Tenancy in Common A type of ownership that is considered a long-term lease is best described as: - Answer Cooperative Building codes are primarily enforced by: - Answer the issuance of permits An interest in and possession of any real property is called - Answer An estate Roberta wishes to build her garage 2 feet from her side lot line. ...

AZ Real Estate Practice Exam Questions and Answers 2024

AZ Real Estate Practice Exam Questions and Answers 2024 Latest Edition