Arizona Real Estate License Arizona Real Estate License 1

Question 1

How many hours of continuing education must an Arizona real estate salesperson complete during each two-year license renewal period?

Accepted Answer

24 hours

Answer

12 hours

Answer

18 hours

Answer

36 hours

Question 2

In Arizona, how many hours of pre-licensing education must an applicant complete before sitting for the real estate salesperson license exam?

Accepted Answer

90 hours

Answer

45 hours

Answer

60 hours

Answer

120 hours

Question 3

Under Arizona law, within how many banking days must a real estate broker deposit earnest money or other trust funds received on behalf of a client?

Accepted Answer

3 banking days

Answer

1 banking day

Answer

2 banking days

Answer

5 banking days

Question 4

What document is a seller of a residential property in Arizona required to provide to the buyer disclosing the known physical condition of the property?

Accepted Answer

Seller's Property Disclosure Statement (SPDS)

Answer

Material Facts Affidavit

Answer

Property Condition Report (PCR)

Answer

Transfer Disclosure Form (TDF)

Question 5

A newly licensed real estate salesperson in Arizona must work under the supervision of which of the following?

Accepted Answer

A designated broker holding an active Arizona broker license

Answer

Any licensed real estate agent with at least five years of experience

Answer

Another salesperson who holds a real estate instructor certificate

Answer

The Arizona Department of Real Estate directly

Question 6

Which fingerprint clearance card is required as part of an Arizona real estate license application, and which state agency issues it?

Accepted Answer

A clearance card issued by the Arizona Department of Public Safety (DPS)

Answer

A federal clearance card issued by the FBI

Answer

A clearance card issued by the Arizona Department of Real Estate (ADRE)

Answer

A background verification letter issued by the Arizona Attorney General