State Specific Real Estate Law

Which of the following would not appear on a public report?

The maximum amount of money that may be paid for any one licensee from the Recovery Fund is:

Which of the following would be unable to obtain money in a petition from the Recovery Fund?

How many recovery funds does the Arizona Real Estate Commission regulate?

The commissioner may deny a public report for all of the following except?

The commissioner may deny a public report on a subdivision because of the subdivider's inability to?

A licensee may not charge for document preparation as a result of what of the following?

The only thing a subdivider can accept before receiving the commissioner's Property Report is a?

A broker offers to prepare documents for a real estate transaction at a fee of $35.00. Which of the following is true?

The city of Phoenix is located what direction from the G. & S.R.B. & M?

A woman verbally agreed to a six month lease, but prior to occupancy she changed her mind. Her verbal agreement is:

The earnest money given with an offer to purchase and held in the broker's trust account is said to belong to:

Licensed real estate brokers are given authority to draw those documents necessary in the course of their work by:

Rank the following liens in the order of the priority from highest to lowest: IRS lien, Property taxes, Special assessments:

When could a person receive legal title to the property under an Agreement for Sale?

Under a land contract, when is the deed actually give to the buyer?

David lost his home because of execution on a judgement by Allison, who was injured in David's swimming pool. The judgement was a:

The correct order of events is?

A mechanic's lien is not available to a person who:

A mechanic's lien filed by a contractor is valid lien for:

Which of the following liens would usually be classified as the prior lien?

A transaction is closed on February 15, 1997 and the buyer does not record the deed until April 24, 1997. A judgement for $1,200.00 is filed against the grantor on April 21, 1997 the judgement:

A general contractor records a mechanic's lien. Priority of the lien is established as of:

How long does a subcontractor have to file his mechanic's lien?

Which of the following liens would have priority?

All of the following are encumbrances except?

Which is true regarding a mechanics lien?

Kingman owns a fee simple interest to Unit #14 and a 3% undivided interest in the common area. What does Kingman own?

An owner hires a General Contractor to build a commercial project. The owner pays the General in full but the General fails to pay the sub-contracts. Which of the following statements is true?

Samuel owns shares in a building, and propriety lease in his/her apartment unit. Samuel's interest is in a:

The only person who could recover from the State recovery fund is?

The shortest distance between Section 5 and 32 of the same township would be?

A government check is described by all of the following except:

A range is a strip land

A metes and bounds description must:

Smallest area of a survey would most likely be?

Which of the following sections are not considered standard?

How many acres would be contained in the following legal description? NW1/4; SE1/4; N1/2; SE1/4; and the SW1/4; SE1/4; S1/2; N1/4; of section 21

All of the following can be used in a developers' public report advertisement except?

As of June 30th of any year, the real estate recovery fund must maintain a balance of?

A declaration of Homestead may be terminated for all of the following except?

A licensed contractor is hired and paid in full directly by the owner of a commercial property. The general contractor fails to pay the subcontractor fails to pay the subcontractors for the work they performed. The general contractor then files bankruptcy and the subcontractor files a mechanics lien 130 days after the completion of work. In this situation which of the following is true regarding the subcontractor?

Arizona subdivision law would be found in which of the following articles?

In Arizona, the deed that is most commonly given by sellers to buyers is a?

In Arizona, the document that is signed by the buyer and seller stating the sales price and usually accompany the deed for recordation is?

In Arizona a deed must be signed by the?

A public report is to be given to a buyer?

When a public report is issued on a time-share project, which of the following would not be included in the report?