Arizona Real Estate License FREE Arizona Real Estate License Disclosure and Fair Housing Questions and Answers 2

Question 1

Under Arizona law, which of the following must a seller disclose to a prospective buyer?

Accepted Answer

Known material defects affecting the property's value

Answer

The race or religion of current neighbors

Answer

The buyer's ability to obtain financing

Answer

Previous listing prices of the property

Question 2

Which federal law prohibits discrimination in housing based on familial status?

Accepted Answer

Fair Housing Act of 1968 as amended in 1988

Answer

Civil Rights Act of 1866

Answer

Equal Credit Opportunity Act

Answer

Americans with Disabilities Act

Question 3

An Arizona real estate agent learns that a property was the site of a natural death three years ago. What is the agent's disclosure obligation?

Accepted Answer

The agent has no obligation to disclose this information

Answer

The agent must disclose this fact to all prospective buyers

Answer

The agent must disclose only if the buyer asks directly

Answer

The agent must disclose only if the death was within one year

Question 4

A landlord refuses to allow a tenant with a physical disability to install a grab bar in the bathroom at the tenant's expense. This action violates which principle?

Accepted Answer

The requirement to permit reasonable modifications under fair housing law

Answer

The duty to mitigate damages

Answer

The implied warranty of habitability

Answer

The covenant of quiet enjoyment

Question 5

In Arizona, the Affidavit of Disclosure is required for which type of real estate transaction?

Accepted Answer

Sales of unsubdivided land in unincorporated areas of a county

Answer

All residential transactions statewide

Answer

Commercial property sales over $100,000

Answer

Transactions involving new construction only

Question 6

Which of the following actions by a real estate agent would constitute illegal steering under fair housing law?

Accepted Answer

Directing minority buyers away from predominantly white neighborhoods

Answer

Showing a buyer only properties within their stated budget

Answer

Refusing to show a property that does not meet the buyer's size requirements

Answer

Recommending a neighborhood based on school district quality