What is the most the Arizona Real Estate Recovery Fund will pay for any one transaction?
Arizona real estate practice test
20 questions: 10 on Arizona law and 10 national, each answer explained. Arizona passes you at 75%.
20 free Arizona practice questions
Answer them all, then mark the test to see every answer explained.
How long must an Arizona broker keep the records of each transaction?
Within what time must an Arizona designated broker review each listing or purchase agreement?
To keep a trust account open, an Arizona broker may deposit personal money into it up to:
How often must an Arizona broker complete a three-way reconciliation of the trust account?
An Arizona licensee wants to buy a home for themself. When must they tell the other parties in writing that they are licensed and acting as a principal?
An Arizona licensee advertises a house they own. Which words must the advertisement include?
An Arizona salesperson changes their home address. How soon must they notify the Department in writing?
Under Arizona's residential landlord and tenant law, what is the most a landlord may take as security?
An Arizona deed grants land to two friends who are not married, with no other wording about how they hold it. They own it as:
An owner's oddly shaped lot cannot fit a house within the required setback. Which should she ask the zoning board for?
Two siblings own a lake cabin as tenants in common, one with 70% and one with 30%. The 30% owner dies. What happens to her share?
Which approach is most useful for valuing a new public library, which rarely sells and earns no rent?
A seller orally agrees to sell her house and then changes her mind. Why can the buyer usually not enforce the deal?
A seller signs an exclusive right-to-sell listing, then finds a buyer herself. Does the broker earn a commission?
An agent mails owners warning that 'people of a different religion are moving in, so sell now before prices fall.' What is this?
Federal lead-based paint disclosure rules apply to most housing built before which year?
On a conventional loan, when must lenders end private mortgage insurance automatically, if the borrower is current?
A buyer agrees to pay $340,000. The home appraises at $330,000. The lender will lend 80% of the price or the appraised value, whichever is less. How much cash must the buyer bring for the down payment?
A home has a market value of $400,000 and is assessed at 25% of market value. The tax rate is 65 mills. What is the annual property tax?
| National portion | 80 scored questions plus 5 unscored, 150 minutes |
|---|---|
| State portion | 60 scored questions plus 5 unscored, 90 minutes |
| To pass | 75% of questions right |
| Exam fee | $75 for both portions booked together |
| Education first | 90 hours, plus a 6-hour contract writing course before licensure |
| License fee | $60, including $10 for the Recovery Fund |
Getting licensed in Arizona
- Finish 90 hours of prelicensing education. You must be 18 or older.
- Book Pearson VUE online or by phone, at least 24 hours ahead. No walk-ins.
- Fail, and wait 24 hours before booking a retake at the same fee.
- Get a Level 1 fingerprint clearance card from the Department of Public Safety.
- Apply to ADRE within one year of passing. The license runs two years; renew with 24 hours of CE.
What the Arizona law questions cover
- Trust accounts and reconciliation
- Records and broker review
- Acting as a principal
- Advertising your own property
- The Recovery Fund
- Security deposits and co-ownership
Next step
Questions people ask
How many questions are on the Arizona real estate exam?
140 scored: 80 national questions in 150 minutes and 60 Arizona questions in 90 minutes, plus 5 unscored in each.
What score do you need to pass the Arizona real estate exam?
75% of the questions right.
How much does the Arizona real estate exam cost?
$75 for both portions booked back to back at Pearson VUE.
How many hours of school do you need in Arizona?
90 hours of prelicensing education, plus a 6-hour contract writing course before you are licensed.