B 1 asreb Study guides, Class notes & Summaries
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B-1 ASREB Questions and Answers Already Passed
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B-1 ASREB Questions and Answers 
 
Already Passed 
 
A broker receives earnest money from a buyer but instead of placing the money into the trust 
account the broker pays company bills. This action is an example of: 
 
a. Conversion 
b. Commingling 
c. Subrogation 
d. Bona fide a. Conversion 
 
A designated broker of a real estate company may: 
 
a. Act as a designated broker for more than one real estate company in Arizona 
b. Take a temporary leave of absence for a period not to exceed 60 days...
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B-1 ASREB EXAM Questions and Answers Latest (2024 / 2025) (Verified Answers)
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B-1 ASREB EXAM Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB State Test B-1; Questions and Answers 100% Verified
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ASREB State Test B-1; Questions and Answers 100% 
Verified 
Before the commissioner issues a public report on subdivided land, the subdivider may not: 
Take lot reservations 
Enter into a binding contract 
Advertise the lots for sale 
Begin lot improvements Answer-Enter into a binding contract
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B-1 ASREB QUESTIONS AND ANSWERS
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A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and 
gave the prices and terms. In this scenario: 
a. Only the sales broker needs to be licensed 
b. Hostesses are employees only and need not be licensed 
c. The hostesses must be licensed 
d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed - 
Answer-c. The hostesses must be licensed 
A timeshare would be required to have a public report if: 
a. T...
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B-1 ASREB; Questions and Answers 100% Verified
- Exam (elaborations) • 18 pages • 2024
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B-1 ASREB; Questions and Answers 100% Verified 
A subdivider employés hostesses to show houses. The hostesses explain the features of the 
homes and gave the prices and terms. In this scenario: 
a. Only the sales broker needs to be licensed 
b. Hostesses are employees only and need not be licensed 
c. The hostesses must be licensed 
d. As long as they do not accept deposits and do not write up sales, the hostesses need not be 
licensed Answer-c. The hostesses must be licensed
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ASREB Practice Exam, Sessions 1-18, Study Guide; Questions and Answers 100% Verified
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ASREB Practice Exam, Sessions 1-18, Study Guide; 
Questions and Answers 100% Verified 
ASREB AnswerA 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 Answer-B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141
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ASREB State Test B-1 Questions and Answers 100% Pass
- Exam (elaborations) • 28 pages • 2024
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ASREB State Test B-1 Questions and 
 
Answers 100% Pass 
 
A broker goes on a cruise for ten days. Who can be left in charge? 
Any unlicensed employee 
Any real estate licensee employed by the broker 
Only a real estate salesperson 
Any corporate officers Any real estate licensee employed by the broker 
 
A broker prepares documents at a cost of $35. Which of the following is true? 
The broker cannot charge for the service 
The broker may charge if the parties agree 
The broker may charge if it ...
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+
- Exam (elaborations) • 51 pages • 2023
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ 
 
ASREB 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 
B 
 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication that the property has bene ...
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ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions
- Exam (elaborations) • 91 pages • 2024
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ASREB Practice Exam, Sessions 1-18, Study 
Guide with Complete Solutions 
ASREB - Correct Answer ️️ - 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 - Correct Answer ️️ -B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication tha...
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ASREB State Test B-1 With Complete Questions and Answers
- Exam (elaborations) • 20 pages • 2023
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ASREB State Test B-1 With Complete Questions and Answers...
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