Real estate az specific - Study guides, Class notes & Summaries

REAL ESTATE ( AZ SPECIFIC ) EXAM...

Test Questions AZ Real Estate Questions snd Answers 2024

Arizona property taxes are based on: - ANSWER-Assessed value The tax rate applied to owner occupied residential property is: - ANSWER-10 % What lien has priority first: - ANSWER-Property taxes Property taxes become a lien the first day of: - ANSWER-January If a property is not bid at a tax foreclosure sale: - ANSWER-Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - ANSWER-Property Taxes, Special Asses...

Arizona property taxes are based on: - Answer Assessed value The tax rate applied to owner occupied residential property is: - Answer 10 % What lien has priority first: - Answer Property taxes Property taxes become a lien the first day of: - Answer January If a property is not bid at a tax foreclosure sale: - Answer Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - Answer Property Taxes, Special Asses...

Pearson Vue Real Estate Glossary, With Correct Answers Abandonment Voluntarily giving up possession property or claim right Abatement A legal action to stop a nuisance. Also can be a reduction of a property tax assesment Abstract A history of every recorder document dealing with a property - used to determine marketable title abstractive method A means of obtaining land valu by deduction the value of the property from the total property value Abstract of Judgement A condensation of a...

Pearson Vue Real Estate Glossary, With Correct Answers Abandonment Voluntarily giving up possession property or claim right Abatement A legal action to stop a nuisance. Also can be a reduction of a property tax assesment Abstract A history of every recorder document dealing with a property - used to determine marketable title abstractive method A means of obtaining land valu by deduction the value of the property from the total property value Abstract of Judgement A condensation of a...

~ The maximum amount of money that may be paid for any one licensee from the Recovery Fund is: - $20,000 - $30,000 - $40,000 - $90,000- $90,000 ~ By June 30, the Real Estate Recovery Fund MUST maintain a balance of: - $200,000 - $250,000 - $300,000 - $600,000- $600,000 ~ The real estate Commissioner is appointed by the: - Governor. - Advisory Board. - Legislature. - Brokers within the state.- Governor ~ The primary purpose of real estate licensing is to: - Have trained professionals. - Protec...

REAL ESTATE ( AZ SPECIFIC ) Question & Answers 2024 updated

ASREB Exam Prep (Arizona School of Real Estate & Business A1-A9 Study) Questions & Answers Solved 100% Correct!! What is included in a "Bundle of Rights"? (allodial system of ownership) 1. Possession 2. Use 3. Encumbrance (loan against) 4. Expulsion (exclude others) 5. Transfer Corporeal Land and Tenements (buildings) Incorporeal Rights and Relationships Hereditaments Any property that can be inherited Fixtures Item of personal property that because of it's attachment becomes...

Arizona property taxes are based on: Assessed value The tax rate applied to owner occupied residential property is: 10 % What lien has priority first: Property taxes Property taxes become a lien the first day of: January If a property is not bid at a tax foreclosure sale: Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments Property Taxes, Special Assessments, IRS Liens