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

AZ REAL ESTATE PRACTICE EXAM

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AZ Real Estate Exam Study Guide With Accurate Solutions. Descent, law of - answerA system whereby title to property passes by operation of law to the heir of one who dies owning property without a will Adminstrator - answerCourt-appointed personal representatives of an estate for someone who dies intestate May be called adminstratrix if female Beneficiary deed - answerIn AZ, a deed that is used to transfer title of real property to a beneficiary upon the death of the property O to avoid ...

REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS 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, Speci...

AZ Real Estate Exam Questions With Verified And Updated Solutions. Accession - answerAcquiring property when trade fixtures are not removed on or before the last day the property is rented. They become real property of the landlord. Fixture - answerAn article/item that was once personal property but had been attached to land or a structure so it is now real property. Tests of a fixture - answer1. Agreement 2. Intention (most important) 3. Attachment 4. Adaptation 5. Relationship 6. Co...

Az Real Estate Exam Questions With Verified And Updated Solutions. Which Az tax rate is applied to owner occupied residential property - answer10% A husband and wife home community property and the husband dies, he receives the husbands half? - answerHeirs Of the utilities required for joint tenancy which is necessary for a tenancy in common? - answerPossession What is the smallest unit of measurement? - answerLot and block A bonus or maybe pay to a residential leasing agent know more th...

Real Estate Exam AZ with Answers [100% PASS] /verified/ Recission *Ans* Legal remedy of canceling, terminating or annulling a contract and restoring the parties to their original positions. Encumbrance *Ans* A claim against title or a limitation on use. Puffing *Ans* Exaggerated statement or opinion by the broker. ADWR *Ans* Arizona Department of Water Resources. Agency that oversees Active Management Areas and issues the Certificated of Assured Water Supply. Capitalization *Ans* Appr...

AZ Real Estate Latest Exam [100% PASS] /verified/ Accession *Ans* Acquiring property when trade fixtures are not removed on or before the last day the property is rented. They become real property of the landlord. Fixture *Ans* An article/item that was once personal property but had been attached to land or a structure so it is now real property. Tests of a fixture *Ans* 1. Agreement 2. Intention (most important) 3. Attachment 4. Adaptation 5. Relationship 6. Cost (not a factor) ...

REAL ESTATE ( AZ SPECIFIC ) Exam with complete solutions 2024_2025