Gianna1

Arizona broker price opinions (BPOs) are perfectly legal if all of the following apply EXCEPT an Arizona real estate broker must provide the opinion. What maximum dollar amount can a subdivider/developer accept for a lot reservation? $5,000 If the holder of a judgment against a real estate licensee is going to file a claim against the Real Estate Recovery Fund, the judgment holder must file the claim within _____ of obtaining the judgment. two years The grace period after a license in good s...

Encumber, Access, Use, Transfer, Exclude are all __________ Bundle of Rights Real Property that you can touch is __________ Corporeal Real Property you can NOT touch is __________ Incorporeal Chattel is __________ Personal Property Adjoining landowners that have the right to use the water is called __________ Littoral Rights Enabling Legislation is __________ Police Power Taking private property for public us is __________ Eminent Domain Reversion of property to state if property owner di...

Which of the following is not properly included in the concept of the power of eminent domain:The right of government to confiscate property from the owner. This right falls under police power because confiscation doesn't allow for just compensation and eminent domain is a power with just compensation. A valid warranty deed must contain all of the following elements, except:Signed by grantee A valid warranty deed does not require grantee's signature. You plan to build a high rise building ...

Who regulates ground water in AZ? ADWR (Arizona Department of Water Resource) Who is responsible for pest management in AZ? Arizona Department of Agriculture What does the ADRE Enforce? Real Estate Statutes and Commissioner's Rules How long is a septic tank inspection good for? 6 Months Which law requires a non-us resident to pay tax gains from US property sale? U.S. Foreign Investment in Real Property Tax Act and is referred to as F.I.R.P.T.A. A 3.45 - Acre lot is selling for 50 cents per...

Residential properties in Arizona have an assessment ratio of ______. 10% Arizona licensed contractor DeAngelo was involved in a case against a consumer and can't pay the judgment amount awarded by the residential contractors recovery fund. What will happen to his contractor's license? His license will be suspended until he pays back the amount paid to the consumer, plus interest. Under which of the following types of leases does a tenant rent property with an unfinished interior and agree t...

What must subdivided lots have? Ingress & Egress What action takes place when a buyer defaults on a deed of trust? Notice of sale is sent to the owner/trustor from the Trustee What percentage would a owner-occupied residential house be assessed at? 10% In a property tax foreclosure a homeowner has: a three year right of redemption How many hours of education are required to renew a real estate sales person's license? 24 Hours How many hours of education are required for a real estate broke...

Arkansas Real Estate Commission is made up how many members? 5 members Who appoints AREC members? Governor How long do AREC members serve? 3 years How many staff members implement commission's responsibilities and decisions? 15 staff members What are the AREC member qualifications? -Three must have been licensed brokers or salespersons for at least five years before being nominated -Two must be either not actively engaged or retired from real estate (one must be at least 60 years of age to ...

A title insurance policy protects against title defects A) which have been cleared by a quiet title suit. B) that occurred before closing. C) found after closing. D) no matter when they are discovered. C) found after closing. The title commitment would list any defects found before closing and would exclude them from coverage, so only defects arising after closing are covered. A defect cleared by a quiet title suit is no longer a defect. A property owner conveys a life estate to his cousin fo...

A farmer owns the W 120f the NW 14 of the NW 14 of a section. The adoining property can be purchased for $2,300 per acre. Owning all of the NW 14 of the section would cost the farmer $322,000 What must a home inspector do to comply with the requirements of the Arkansas Home hspector Registration Board? Annually complete 14 hours of continuing education On the closing statement of a typical real estate transaction, prepaid homeowner's association fees are debit to the buyer, credit to the sell...

Lab Value: chloride 95-105 Lab Value: phosphorus 2.5-4.5 Therapeutic Level: Digoxin 0.8-2.0 ng/mL Therapeutic Level: Lithium 0.6-1.2 Lab Values: Potassium 3.5-5.0 Lab Value: Magnesium 1.5-2.5 Lab Value: Calcium 8.5-10.9 Lab Value: RBC Men: 4.5-6.0 Women: 4.0-5.5 What does a low RBC indicate? (3) anemia cancer hemorrhage What does a high RBC indicate? Polycythemia vera Polycythemia a bone marrow disease that causes too many red blood cells to be made. Lab Value: WBC 5,000-10,000 What ...