Arizona Section Hogan Real Estate Licensing Course
Questions With Complete Solutions
# of time shares units requiring a time share public report
Correct Answers Twelve (12)
A 10 member group that gives counsel to the real estate
commissioner Correct Answers Real Estate Advisory Board
A 6 mile wide strip of land running North-South Correct
Answers Range
A contract for the sale of property in which the buyer makes
payments to the seller and the deed is not delivered until payoff
Correct Answers Agreement of Sale (Land Contract)
A court decision that places a lien against an individual Correct
Answers Judgment
A foreclosure through a court action Correct Answers Judicial
Foreclosure
A fund that protects the public when damaged by a RE licensee
Correct Answers Real Estate Recovery Fund
A judgment levied when a foreclosure sale brings less than the
amount of debt Correct Answers Deficiency Judgment
A licensee authorized to act on behalf of a real estate broker
Correct Answers Real Estate Salesperson
, A lien for labor or materials supplied to a property Correct
Answers Mechanic's Lien
A method of land description that uses distances and directions
Correct Answers Metes & Bounds
A non-irrigation water right that can be sold separately from the
land Correct Answers Type 2 Non-Irrigation Right
A person who has a power of attorney Correct Answers
Attorney-in-fact
A six mile square parcel bordered by range lines & township
lines Correct Answers Township
A statement of facts relating to a subdivision which must be
given to purchasers Correct Answers Public Report
A water right where the water has been retired from irrigation
and cannot be sold separately from the land Correct Answers
Type 1 Non-Irrigation right
ADWR Correct Answers Arizona Department of Water
Resources
An area where excessive overdraft of ground water is occurring
Correct Answers Active Management Area (AMA)
An area where irrigation uses threaten to exceed limited water
supplies Correct Answers Irrigation Non-Expansion Area
(INA)
Questions With Complete Solutions
# of time shares units requiring a time share public report
Correct Answers Twelve (12)
A 10 member group that gives counsel to the real estate
commissioner Correct Answers Real Estate Advisory Board
A 6 mile wide strip of land running North-South Correct
Answers Range
A contract for the sale of property in which the buyer makes
payments to the seller and the deed is not delivered until payoff
Correct Answers Agreement of Sale (Land Contract)
A court decision that places a lien against an individual Correct
Answers Judgment
A foreclosure through a court action Correct Answers Judicial
Foreclosure
A fund that protects the public when damaged by a RE licensee
Correct Answers Real Estate Recovery Fund
A judgment levied when a foreclosure sale brings less than the
amount of debt Correct Answers Deficiency Judgment
A licensee authorized to act on behalf of a real estate broker
Correct Answers Real Estate Salesperson
, A lien for labor or materials supplied to a property Correct
Answers Mechanic's Lien
A method of land description that uses distances and directions
Correct Answers Metes & Bounds
A non-irrigation water right that can be sold separately from the
land Correct Answers Type 2 Non-Irrigation Right
A person who has a power of attorney Correct Answers
Attorney-in-fact
A six mile square parcel bordered by range lines & township
lines Correct Answers Township
A statement of facts relating to a subdivision which must be
given to purchasers Correct Answers Public Report
A water right where the water has been retired from irrigation
and cannot be sold separately from the land Correct Answers
Type 1 Non-Irrigation right
ADWR Correct Answers Arizona Department of Water
Resources
An area where excessive overdraft of ground water is occurring
Correct Answers Active Management Area (AMA)
An area where irrigation uses threaten to exceed limited water
supplies Correct Answers Irrigation Non-Expansion Area
(INA)
