Arizona Real Estate Salesperson Exam fully
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Terms in this set (484)
Does the anti-deficiency True.
statute apply to
investment property?
Does the anti-deficiency False.
statute apply to second
mortgages and deeds of
trust?
What are the two 2.5 acres or less. Utilized as a family home for a 1 or 2
requirements of the family dwelling.
property if the anti-
deficiency statute is to
apply?
In a deed of trust, who is The person buying the house (the purchaser).
the "trustor?"
Who has priority in liens Liens for unpaid property taxes and agricultural liens
even over a purchase on crops.
money mortgage lien filed
prior?
, Does an IRS lien filed in No. In Arizona, IRS liens do not have priority a
2015 have priority over a mortgage/deed of trust filed prior to it.
mortgage filed in 2014?
Does a lien for property Yes. In Arizona, state property tax liens do take
taxes filed in 2015 have priority over other liens.
priority over a mortgage
filed in 2014?
What is the title of the Administrator.
person who supervises
the estate of someone
who died without a will?
What is the title of the Executor.
person who supervises
the estate of someone
who died with a will?
When are property taxes Once a year, January 1.
ASSESSED?
When are the two dates in For January 1, 2015, they would be DUE on October 1,
Arizona in which property 2015 and March 1, 2016.
taxes are DUE for January
1?
When are property taxes For October 1, 2015, they are late on November 1, 2015.
LATE for October 1, 2015 For March 1, 2016, they are late May 1, 2016.
and March 1, 2016?
If a salesperson General agent.
represents a seller in ALL
real estate transactions,
that is considered to be
what form of agency?
A real estate salesperson General agent.
(licensee) is what kind of
agent as to his or her
broker?
solved & updated (latest version verified for
accuracy) (Questions + Answers) Solved 100%
Correct!!
Save
Terms in this set (484)
Does the anti-deficiency True.
statute apply to
investment property?
Does the anti-deficiency False.
statute apply to second
mortgages and deeds of
trust?
What are the two 2.5 acres or less. Utilized as a family home for a 1 or 2
requirements of the family dwelling.
property if the anti-
deficiency statute is to
apply?
In a deed of trust, who is The person buying the house (the purchaser).
the "trustor?"
Who has priority in liens Liens for unpaid property taxes and agricultural liens
even over a purchase on crops.
money mortgage lien filed
prior?
, Does an IRS lien filed in No. In Arizona, IRS liens do not have priority a
2015 have priority over a mortgage/deed of trust filed prior to it.
mortgage filed in 2014?
Does a lien for property Yes. In Arizona, state property tax liens do take
taxes filed in 2015 have priority over other liens.
priority over a mortgage
filed in 2014?
What is the title of the Administrator.
person who supervises
the estate of someone
who died without a will?
What is the title of the Executor.
person who supervises
the estate of someone
who died with a will?
When are property taxes Once a year, January 1.
ASSESSED?
When are the two dates in For January 1, 2015, they would be DUE on October 1,
Arizona in which property 2015 and March 1, 2016.
taxes are DUE for January
1?
When are property taxes For October 1, 2015, they are late on November 1, 2015.
LATE for October 1, 2015 For March 1, 2016, they are late May 1, 2016.
and March 1, 2016?
If a salesperson General agent.
represents a seller in ALL
real estate transactions,
that is considered to be
what form of agency?
A real estate salesperson General agent.
(licensee) is what kind of
agent as to his or her
broker?
