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ASREB Practice Exam, Sessions 1-18 Study Guide Latest Version Graded A+
ASREB Practice Exam, Sessions 1-18 
Study Guide Latest Version Graded A+ 
 
'THE TEST' STUDY GUIDE 
 
Which of the following is in the proper order of occurence Lis pendens, judgement, 
execution 
 
'THE TEST' STUDY GUIDE 
 
A closing disclosure would be used in Residential housing 
 
'THE TEST' STUDY GUIDE 
 
A contract based on illegal consideration is Void 
 
'THE TEST' STUDY GUIDE 
 
A contract of adhesion would refer to Standard 'take it' or 'leave it' contract 
 
'THE TEST' S...
- Package deal
- Exam (elaborations)
- • 125 pages •
ASREB Practice Exam, Sessions 1-18 
Study Guide Latest Version Graded A+ 
 
'THE TEST' STUDY GUIDE 
 
Which of the following is in the proper order of occurence Lis pendens, judgement, 
execution 
 
'THE TEST' STUDY GUIDE 
 
A closing disclosure would be used in Residential housing 
 
'THE TEST' STUDY GUIDE 
 
A contract based on illegal consideration is Void 
 
'THE TEST' STUDY GUIDE 
 
A contract of adhesion would refer to Standard 'take it' or 'leave it' contract 
 
'THE TEST' S...
ASREB Practice Exam Questions with Verified Answers
ASREB Practice Exam Questions with 
 
Verified Answers 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 b. $75,141 
 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not c. gives no indication that the 
property is listed with a broker 
 
A borrower is required t...
- Package deal
- Exam (elaborations)
- • 36 pages •
ASREB Practice Exam Questions with 
 
Verified Answers 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 b. $75,141 
 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not c. gives no indication that the 
property is listed with a broker 
 
A borrower is required t...
ASREB National Test A-3 Questions and Answers Already Passed
ASREB National Test A-3 Questions and 
 
Answers Already Passed 
 
A buyer sees a worn path across the property he is interested in buying. The buyer should be 
concerned about: 
Easement in gross 
Easement by prescription 
Condemnation 
 
Police Power Easement by prescription 
 
A chronological summary of title is called 
Deed report 
Abstract of title 
ATLA policy 
Title insurance report Abstract of title 
 
A clause in a deed which specifies the degree of property conveyed is called: 
Defeasa...
- Package deal
- Exam (elaborations)
- • 32 pages •
ASREB National Test A-3 Questions and 
 
Answers Already Passed 
 
A buyer sees a worn path across the property he is interested in buying. The buyer should be 
concerned about: 
Easement in gross 
Easement by prescription 
Condemnation 
 
Police Power Easement by prescription 
 
A chronological summary of title is called 
Deed report 
Abstract of title 
ATLA policy 
Title insurance report Abstract of title 
 
A clause in a deed which specifies the degree of property conveyed is called: 
Defeasa...
B-1 ASREB Questions and Answers Already Passed
B-1 ASREB Questions and Answers 
 
Already Passed 
 
A broker receives earnest money from a buyer but instead of placing the money into the trust 
account the broker pays company bills. This action is an example of: 
 
a. Conversion 
b. Commingling 
c. Subrogation 
d. Bona fide a. Conversion 
 
A designated broker of a real estate company may: 
 
a. Act as a designated broker for more than one real estate company in Arizona 
b. Take a temporary leave of absence for a period not to exceed 60 days...
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- Exam (elaborations)
- • 21 pages •
B-1 ASREB Questions and Answers 
 
Already Passed 
 
A broker receives earnest money from a buyer but instead of placing the money into the trust 
account the broker pays company bills. This action is an example of: 
 
a. Conversion 
b. Commingling 
c. Subrogation 
d. Bona fide a. Conversion 
 
A designated broker of a real estate company may: 
 
a. Act as a designated broker for more than one real estate company in Arizona 
b. Take a temporary leave of absence for a period not to exceed 60 days...
ASREB State Test B-1 Questions and Answers 100% Pass
ASREB State Test B-1 Questions and 
 
Answers 100% Pass 
 
A broker goes on a cruise for ten days. Who can be left in charge? 
Any unlicensed employee 
Any real estate licensee employed by the broker 
Only a real estate salesperson 
Any corporate officers Any real estate licensee employed by the broker 
 
A broker prepares documents at a cost of $35. Which of the following is true? 
The broker cannot charge for the service 
The broker may charge if the parties agree 
The broker may charge if it ...
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- Exam (elaborations)
- • 28 pages •
ASREB State Test B-1 Questions and 
 
Answers 100% Pass 
 
A broker goes on a cruise for ten days. Who can be left in charge? 
Any unlicensed employee 
Any real estate licensee employed by the broker 
Only a real estate salesperson 
Any corporate officers Any real estate licensee employed by the broker 
 
A broker prepares documents at a cost of $35. Which of the following is true? 
The broker cannot charge for the service 
The broker may charge if the parties agree 
The broker may charge if it ...
Arizona School of Real Estate & Business: Sales Exam Questions and Answers Rated A+
Arizona School of Real Estate & 
Business: Sales Exam Questions and 
 
Answers Rated A+ 
 
1866 Civil Rights Act prohibits discrimination by: Race 
 
A borrower is required to put 10% down for the purchase of a property. The 10% down would be 
considered: Equity 
 
A borrower would obtain funds for an FHA loan from: Primary market 
 
A broker acting as a property manager for an owner would consider his relationship to be: 
Fiduciary 
 
A broker and an unlicensed buyer are looking at the same hou...
- Package deal
- Exam (elaborations)
- • 84 pages •
Arizona School of Real Estate & 
Business: Sales Exam Questions and 
 
Answers Rated A+ 
 
1866 Civil Rights Act prohibits discrimination by: Race 
 
A borrower is required to put 10% down for the purchase of a property. The 10% down would be 
considered: Equity 
 
A borrower would obtain funds for an FHA loan from: Primary market 
 
A broker acting as a property manager for an owner would consider his relationship to be: 
Fiduciary 
 
A broker and an unlicensed buyer are looking at the same hou...
ASREB Ch. 1 Questions and Answers 100% Pass
ASREB Ch. 1 Questions and Answers 
 
100% Pass 
 
Property rights that go with ownership of real property are referred to as the... bundle of 
rights 
 
Surface of the earth, below to the center, with all natural things is... land 
 
Personal property is conveyed with a document called a... bill of sale 
 
Naturally growing plants are considered............. property real property 
 
Emblements are considered................property. personal property 
 
An item which was once personal property ...
- Package deal
- Exam (elaborations)
- • 6 pages •
ASREB Ch. 1 Questions and Answers 
 
100% Pass 
 
Property rights that go with ownership of real property are referred to as the... bundle of 
rights 
 
Surface of the earth, below to the center, with all natural things is... land 
 
Personal property is conveyed with a document called a... bill of sale 
 
Naturally growing plants are considered............. property real property 
 
Emblements are considered................property. personal property 
 
An item which was once personal property ...
ASREB State Test A-1 Questions and Answers Already Passed
ASREB State Test A-1 Questions and 
 
Answers Already Passed 
 
A buyer is obtaining a new loan to purchase property. The buyer is most likely to accept title 
with which of the following liens remaining unpaid as of close of escrow? 
Property taxes for the current year for the property being sold 
Back taxes on the property being sold 
Seller's note and deed of trust against the property being sold 
IRS lien against the seller Property taxes for the current year for the property being sold 
 
...
- Package deal
- Exam (elaborations)
- • 10 pages •
ASREB State Test A-1 Questions and 
 
Answers Already Passed 
 
A buyer is obtaining a new loan to purchase property. The buyer is most likely to accept title 
with which of the following liens remaining unpaid as of close of escrow? 
Property taxes for the current year for the property being sold 
Back taxes on the property being sold 
Seller's note and deed of trust against the property being sold 
IRS lien against the seller Property taxes for the current year for the property being sold 
 
...
ASREB National Test A-1 Questions and Answers Already Passed
ASREB National Test A-1 Questions and 
 
Answers Already Passed 
 
A lessee puts in a bookcase for commercial use; at the end of the lease the bookcase is removed. 
The bookcase would be considered: 
Real Property 
Trade Fixture 
Appurtenant 
Chattel Real Trade Fixture 
 
A party owns a parcel of real estate with mineral rights, who owns the mineral rights? 
The state 
 
Federal government 
Original property owner 
The property owner The property owner 
 
A person dies with no will and no heirs....
- Package deal
- Exam (elaborations)
- • 15 pages •
ASREB National Test A-1 Questions and 
 
Answers Already Passed 
 
A lessee puts in a bookcase for commercial use; at the end of the lease the bookcase is removed. 
The bookcase would be considered: 
Real Property 
Trade Fixture 
Appurtenant 
Chattel Real Trade Fixture 
 
A party owns a parcel of real estate with mineral rights, who owns the mineral rights? 
The state 
 
Federal government 
Original property owner 
The property owner The property owner 
 
A person dies with no will and no heirs....
ASREB State Test B-2 Questions and Answers Graded A+
ASREB State Test B-2 Questions and 
 
Answers Graded A+ 
 
A broker lists the Wilson's property, and only Mr. Wilson signs the listing. The broker finds a 
buyer who is ready and willing to buy the property under the terms of the listing. Mrs. Wilson 
refuses to sign the sales contract. Which of the following is true regarding the commission? 
Only Mr. Wilson is responsible 
Both Mr. and Mrs. Wilson are responsible 
Only Mrs. Wilson is responsible 
Neither party is responsible Both Mr. and Mrs....
- Package deal
- Exam (elaborations)
- • 8 pages •
ASREB State Test B-2 Questions and 
 
Answers Graded A+ 
 
A broker lists the Wilson's property, and only Mr. Wilson signs the listing. The broker finds a 
buyer who is ready and willing to buy the property under the terms of the listing. Mrs. Wilson 
refuses to sign the sales contract. Which of the following is true regarding the commission? 
Only Mr. Wilson is responsible 
Both Mr. and Mrs. Wilson are responsible 
Only Mrs. Wilson is responsible 
Neither party is responsible Both Mr. and Mrs....
PCA Exam: Insects, Mites, and Invertebrates Latest Update Graded A+
nys state law final exam with complete solutions
This seller responds to requests right away, 5/5.
Texas Safety Inspection Final Exam Questions and Answers 100% Pass
MD Accident, Health & Life Producer Questions and Answers 100% Solved
LRA 211 Final Review Study Guide (223/2024) Graded A+