Asreb test - Study guides, Class notes & Summaries
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ASREB Test Questions and Answers Already Passed
- Exam (elaborations) • 48 pages • 2024
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ASREB Test Questions and Answers 
 
Already Passed 
 
"Plants and trees cultivated for harvest" best describes: Fructus industrales 
 
A "finder fee" is best described as A credit to a residential tenant 
 
A borrower applying for a FHA loan would be required to: Pay a mortgage insurance 
premium 
 
A borrower is required to put 10% down for the purchase of a property. The 10% down would be 
considered... Equity 
 
A broker has what duty to a third party? full disclosure of all material fact...
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ASREB Test with 100% Correct Solutions
- Exam (elaborations) • 32 pages • 2024
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ASREB Test with 100% Correct Solutions 
A borrower is required to put 10% down for the purchase of a property. The 10% down 
would be considered... - Correct Answer ️️ -Equity 
A broker, acting as a property manager, would be considered what type of agent? - 
Correct Answer ️️ -General 
A contract has been signed, but title has not yet been passed. The contract is... - 
Correct Answer ️️ -Executory 
A house cost $100,000. The buyer is making a down payment of 32,000 and getting a 
$6...
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ASREB Test Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Test Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Test Questions and Answers 100% Verified
- Exam (elaborations) • 41 pages • 2024
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ASREB Test Questions and Answers 100% Verified 
A borrower is required to put 10% down for the purchase of a property. The 10% down would 
be considered... Answer-Equity 
A broker, acting as a property manager, would be considered what type of agent? 
 Answer-General 
A contract has been signed, but title has not yet been passed. The contract is... AnswerExecutory 
A house cost $100,000. The buyer is making a down payment of 32,000 and getting a $68,000 
loan. If there are 4 points, how much...
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ASREB Test Question Review 2024 Questions and Answers 100% Pass
- Exam (elaborations) • 20 pages • 2024
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ASREB Test Question Review 2024 
Questions and Answers 100% Pass 
Within the Arizona Groundwater Code all of the following rights were created EXCEPT? 
- Correct Answer ️️ -Subdivision grandfather right 
What is required to give someone the right to sign your name? - Correct Answer ️️ - 
Power of Attorney 
The buyer has an investment that has a feature of "a pass through certificate" this 
investment is most likely a: - Correct Answer ️️ -Ginnie Mae Security 
When an occupant holds...
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ASREB Test Questions and Answers with complete solution
- Exam (elaborations) • 28 pages • 2024
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A borrower is required to put 10% down for the purchase of a property. The 10% down would be 
considered... - Answer-Equity 
A broker, acting as a property manager, would be considered what type of agent? - Answer-General 
A contract has been signed, but title has not yet been passed. The contract is... - Answer-Executory 
A house cost $100,000. The buyer is making a down payment of 32,000 and getting a $68,000 loan. If 
there are 4 points, how much money will be paid out of the closing for poin...
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ASREB Test Question Review 2024 Questions and Answers Graded A+
- Exam (elaborations) • 20 pages • 2024
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ASREB Test Question Review 2024 
Questions and Answers Graded A+ 
Within the Arizona Groundwater Code all of the following rights were created EXCEPT? 
- Correct Answer ️️ -Subdivision grandfather right 
What is required to give someone the right to sign your name? - Correct Answer ️️ - 
Power of Attorney 
The buyer has an investment that has a feature of "a pass through certificate" this 
investment is most likely a: - Correct Answer ️️ -Ginnie Mae Security 
When an occupant holds...
-
ASREB Test with 100% Correct Solutions
- Exam (elaborations) • 32 pages • 2024
- Available in package deal
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- $13.49
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If the percentage of renters in a community exceeds 50%, many lenders require that the 
homeowners' association reserves be what percentage of HOA budgeted income? - 
Correct Answer ️️ -20% 
After a deed of trust foreclosure sale, which of the following is TRUE? - Correct Answer ️️ 
-A trustee's deed is given to the new owner 
After a mortgage foreclosure, if the sale amount was insufficient to cover the debt, the 
lender may ask for a(n)... - Correct Answer ️️ -deficiency judgment...
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ASREB TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!!
- Exam (elaborations) • 20 pages • 2023
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Available in package deal
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ASREB TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!!
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ASREB Test with 100% Correct Solutions
- Exam (elaborations) • 32 pages • 2024
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- $13.49
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ASREB Test with 100% Correct Solutions 
A borrower is required to put 10% down for the purchase of a property. The 10% down 
would be considered... - Correct Answer ️️ -Equity 
A broker, acting as a property manager, would be considered what type of agent? - 
Correct Answer ️️ -General 
A contract has been signed, but title has not yet been passed. The contract is... - 
Correct Answer ️️ -Executory 
A house cost $100,000. The buyer is making a down payment of 32,000 and getting a 
$6...
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