AND CORRECT ANSWER WITH EXPLANATION LATEST
2025-2026
1. The Arizona Department of Real Estate (ADRE) is responsible for:
A. Tax collection
B. Licensing and regulating real estate professionals
C. Mortgage approval
D. Property appraisal
Answer: B
Rationale: ADRE regulates and licenses real estate professionals in Arizona.
2. A real estate salesperson in Arizona must work under a:
A. Attorney
B. Broker
C. Appraiser
D. Title officer
Answer: B
Rationale: Salespersons must be supervised by a licensed broker.
3. Real property includes:
A. Vehicles
B. Land and permanently attached improvements
C. Furniture
D. Cash
Answer: B
Rationale: Real property includes land and attachments.
4. Personal property is also known as:
,A. Fixtures
B. Chattels
C. Estate
D. Title
Answer: B
Rationale: Personal property is movable and called chattels.
5. A fixture is:
A. Personal property
B. Item permanently attached to real estate
C. Loan document
D. Cash asset
Answer: B
Rationale: Fixtures become part of real property.
6. The Statute of Frauds requires:
A. Oral agreements only
B. Real estate contracts to be in writing
C. Verbal leases only
D. Bank approval
Answer: B
Rationale: Real estate contracts must be written to be enforceable.
7. A fiduciary duty includes:
A. Loyalty
B. Marketing
C. Lending money
D. Tax filing
Answer: A
Rationale: Fiduciary duties include loyalty, care, and obedience.
8. Which is NOT a fiduciary duty?
, A. Confidentiality
B. Accounting
C. Advertising
D. Loyalty
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. The Fair Housing Act prohibits discrimination based on:
A. Income
B. Race, color, religion, sex, national origin, disability, familial status
C. Credit score
D. Education
Answer: B
Rationale: These are federally protected classes.
10. Steering is:
A. Legal advice
B. Directing buyers based on protected class
C. Appraisal method
D. Loan process
Answer: B
Rationale: Steering is illegal discrimination.
11. Blockbusting involves:
A. Renovation
B. Encouraging panic selling
C. Inspection
D. Financing
Answer: B
Rationale: It is illegal inducement to sell.
12. A deed is used to: