ASREB (Arizona School of Real Estate and Business)
Session one Pre course Study Guide Exam Questions and
Verified for Accuracy Answers 2025/2026
Authorization for zoning comes from the correct answer
police power
If the city or state wishes to take property with just compensation, it may acquire title by
action based on correct answer
right of eminent domain
Which of the following does NOT fall under police power correct answer
taking land for schools
Which of the following is NOT included in the concept of the power of eminent domain
correct answer
exercise police power
In Arizona, once an Affidavit of Affixture has been recorded, the mobile home is taxed as
correct answer
real property
A notice of pending condemnation delivered to a property owner at least 20 days prior to
the
condemnation action must include all of the following EXCEPT a(an) correct answer
escrow closing statement
A dedication is best defined as correct answer
a developer or individual giving property to the state
, What is required at the time an Affidavit of Affixture is recorded correct answer
The title to the mobile home must be surrendered
A mobile home that is sited on a rented space in a mobile home park correct answer
may be listed and sold by a real estate licensee
Real estate licensees may perform all of the following EXCEPT correct answer
represent lenders placing loans on manufactured homes
A buyer's agent is showing a property. During negotiations, the seller agrees to include
a washer and
dryer in the purchase price. The buyer's agent should correct answer
specify it in the contract because it is personal property
How long after the sale of an escheated property does a person who appears as an heir
have to claim the
proceeds from the sale correct answer
7 years
Which of the following would be considered personal property correct answer
Harvest crops
Which of the following is personal property correct answer
Trade fixtures
Shelving and counters are securely fastened in a leased retail store. Such items are
correct answer
trade fixtures
Session one Pre course Study Guide Exam Questions and
Verified for Accuracy Answers 2025/2026
Authorization for zoning comes from the correct answer
police power
If the city or state wishes to take property with just compensation, it may acquire title by
action based on correct answer
right of eminent domain
Which of the following does NOT fall under police power correct answer
taking land for schools
Which of the following is NOT included in the concept of the power of eminent domain
correct answer
exercise police power
In Arizona, once an Affidavit of Affixture has been recorded, the mobile home is taxed as
correct answer
real property
A notice of pending condemnation delivered to a property owner at least 20 days prior to
the
condemnation action must include all of the following EXCEPT a(an) correct answer
escrow closing statement
A dedication is best defined as correct answer
a developer or individual giving property to the state
, What is required at the time an Affidavit of Affixture is recorded correct answer
The title to the mobile home must be surrendered
A mobile home that is sited on a rented space in a mobile home park correct answer
may be listed and sold by a real estate licensee
Real estate licensees may perform all of the following EXCEPT correct answer
represent lenders placing loans on manufactured homes
A buyer's agent is showing a property. During negotiations, the seller agrees to include
a washer and
dryer in the purchase price. The buyer's agent should correct answer
specify it in the contract because it is personal property
How long after the sale of an escheated property does a person who appears as an heir
have to claim the
proceeds from the sale correct answer
7 years
Which of the following would be considered personal property correct answer
Harvest crops
Which of the following is personal property correct answer
Trade fixtures
Shelving and counters are securely fastened in a leased retail store. Such items are
correct answer
trade fixtures
