Arizona Days Test
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How many hours in Commissioner’s Standards, Contract Law, Agency Law, Real Estate Legal Issues, Fair Housing, and Disclosure must be taken biennially?
a. 1
b. 2
c. 3
d. 4
Answer
c Bienneally means every two years; three hours in each of the categories plus six more hours of licensee's choice.
How many continuing education renewal hours must be taken every two years?
a. 14
b. 24
c. 60
d. 90
Answer
b 24 hours of renewal classes every two years
For those licensed in another state and who want to be licensed in Arizona, how many hours in Arizona Specific Real Estate Law must be taken?
a. 90
b. 60
c. 45
d. 27
Answer
d 27 hours of ARizona Specific study must be taken.
A lessee must be given how many hours notice before a landlord enters the property?
a. 24
b. 10
c. 48
d. 5
Answer
c 48 hours hotice to tenant by the landlord to enter the property.
How many prelicensing hours must be taken to become a sales agent or broker?
a. 30
b. 60
c. 90
d. 120
Answer
c 90 hours of prelicensing must be taken to become a sales agent or broker.
How many days notice must be given to the Commissioner for temporary absence of Broker?
a. 1
b. 5
c. 10
d. 20
Answer
b Five days notice for temporary broker absence.
How many days does a Broker have to initial leases, listings, and sales contracts?
a. 1
b. 5
c. 10
d. 20
Answer
B Brokers must initial contracts withing five days.
How many days does a landlord have to fix health-related items?
a. 1
b. 5
c. 10
d. 20
Answer
b Health related items must be fixed in five days.
How many days to rescind a contract for a timeshare, non-resident camping membership, unimproved subdivided land, or unseen unsubdivided land?
a. 1
b. 3
c. 5
d. 7
Answer
d Seven days to rescind a contract for the mentioned items.
How many days to notify the Commissioner of a change of address or a change of brokerage?
a. 1
b. 5
c. 10
d. 20
Answer
c You must notify the commissioner within ten days for any change of address or brokerage.
How many days to return your license to the Real Estate Department upon severance from that broker?
a. 1
b. 3
c. 5
d. 10
Answer
d The severing broker is responsible for actions of severed employee until license is returned. 10 days max!
How long to file a housing discrimination complaint in court or with Attorney General?
a. 1
b. 2
c. 3
d. 4
Answer
b A complaint may be filed within two years.
Three years experience out of the last ______ years are required to become a broker ?
a. 1
b. 3
c. 5
d. 7
Answer
c You must have three years experience out of the last five years.
How many years are advisory board members appointed?
a. 2
b. 4
c. 6
d. 8
Answer
c Advisory Board Member are appointed for a six year term.
What is the maximum statutory warranty period for residential construction?
a. 2
b. 4
c. 6
d. 8
Answer
d Maximum statutory warranty is for eight years.
How long do property managers maintain most records?
a. 1
b. 3
c. 5
d. 7
Answer
b Property managers must maintain most records for three years.
How long is the Arizona redemption period for property tax sales?
a. 1
b. 3
c. 5
d. 7
Answer
b Owners can pay back taxes plus fees to redeem their property.
If a broker dies, how many months can a temporary borker's license be held?
a. 1
b. 5
c. 10
d. 15
Answer
d A tempory broker's license may be held for 15 months if a broker dies.
Answer
d Maximum statutory warranty is for eight years.
How many years to activate license from the date of exam?
a. 1
b. 2
c. 3
d. 4
Answer
a Upon passing the state exam, an individual has one year to activate/inactivate license.
How many years must brokers keep rejected offers?
a. 1
b. 3
c. 5
d. 7
Answer
a Rejected offers must be kept for one year.
How many days to reinstate a deed of trust?
a. 30
b. 60
c. 90
d. 120
Answer
d A trustor has 90 days to reinstate after foreclosure notice is given.
Copyright 2003 by
Susan Jahns, Instructor
(
suejahns@yahoo.com
)