AZ Real Estate B-9

Environmental concerns that deal with small particles in the air would be:
Asbestos
A broker is selling a property to a buyer that was the site of an old gas station. What would apply?
The broker should disclose due to the possibility of an expensive clean up
What connect studs at the top and bottom
Top and sole plate
The overhang partition of a roof is called:
Eave
A section of lumber that supports the roofing material is called:
Truss
The horizontal members that support the floor are called:
Joists
When constructing a home, the foundation would rest on:
Footing
A licensee is required to disclose the presence of lead based paint if the property was built before:
1978
The distance from the front of the house to the front lot line is:
Set back
A retail store has been in the same location for 20 years. The land around the store is sold for a housing development. What is true regarding the retail store?
The store is grandfathered in
You own a large apartment building in an area that is being re-zoned single family residential. What is true regarding the apartment building?
Apartment building may remain but not expand
When land is purchased interstate, how long would a buyer have to rescind under the Federal Interstate Land Full Disclosure Act?
Within 7 days of receiving a property report
If you have the right to place a construction trailer on a residential lot, this change in zoning is called:
Variance
What would be an example of a zoning variance?
Non-conforming use
A zone between one zone area and another is called:
Buffer
The view of a house as it appears from the street is best defined as:
Elevation
If lead based paint disclosure is required on a specific property, the real estate agent is to ensure that the buyer or tenant has received:
Lead based disclosure and booklet
The word friable would most likely apply to:
Asbestos
If a parcel of real estate is near a toxic waste site, the agent would be obligated to:
Disclose the fact
A gas station is located in an area that now prohibits this type of property use. The gas station is allowed to remain in business. This is an example of:
Non-conforming use
A variance would be:
Exception to the zoning
Application for a variance would most likely show:
Hardship on the property
Grandfathered irrigation rights do what:
Run with the land
Arizona Superfund is known as:
Water Quality Assurance Revolving Fund (WQARF)
What would be considered an exempt domestic well?
One with a maximum pumping capacity of 35 gallons per minute
When grandfathered water rights are reclassified and can now be sold separate from the land, the water rights are now known as:
Type II
Grandfathered water rights:
Run with the land
A Master Planned Community would best be described as:
Two or more platted subdivisions with CC&R’s
What agency is in charge of environmental protection at the state level?
ADEQ
When land is in an AMA, what would apply:
Overdraft of the underground water supply may be occurring
What would be considered grandfathered water rights?
Type I right for non-irrigation and Type II water right
When a residential developer is building houses in an active management area, what would apply?
Assured water supply
When zoning is cumulative this means that
In an R3 area, R1 and R2 uses are permitted
The flood based paint disclosure is required on a specific property, the real estate agent is to ensure that the buyer or tenant has received
Lead-based disclosure and booklet
A building in relationship to its surroundings is referred to as
Orientation
Regarding toxic substances, when listing a property for sale, what would a broker be least concerned about?
Type of roof structure
Non-conforming use would apply to
A use that was once lawful but no longer conforms
In constructing a two-story house, what would hold the floor of the Second Story up?
Joists
A conditional-use permit allows
Help for property owners with special needs
What least affects the use of land
Lenders liens
Asbestos may be found in
Floor tile, roofing material and acoustical ceiling tile
When a real estate investor ask for a projected annual operating statement that shows expected income, operating expenses, net operating income and taxable income or loss, this is called
Pro forma statement
The name of the lowest horizontal member of a frame house which rests on top of the foundation is a
Plate
When is owning of a parcel of land is change from commercial to residential, this change is known as
Downzoning
When toxic substances are located on the property after the sale, who would most likely be held responsible for the cleanup?
The parties in possession
When a party is planning major remodeling of the interior of a structure, what is most important factor to be considered?
Load-bearing walls
What is not a typical requirement in a zoning regulation or building code?
Ventilation for Radon gas
An apartment building is located in an area that is now only residential usage. What can the apartment building do?
Remain as an apartment building as long as it didn’t expand
The exterior covering of a frame house type construction is referred to as
Sheathing
A roof with two sloping sides rising to a ridge is called a
Gable
When a new subdivision is being developed, who’s responsible for installing curbs, streets and utilities?
Subdivider
That type of construction in which the footings, foundation and floor are all poured in one piece is called
Monolithic slab
Use of terms such as Ranch, contemporary, Spanish, cantilever would all refer to
Architecture
Radon gas would primarily be found in
Underground materials
A zone between one zone area and another is called
Buffer
The word friable would most likely apply to
Asbestos
The view the house as it appears from the street is best defined as
Elevation
When land is purchased interstate, how long would a buyer have to rescind under the federal Interstate land full disclosure Act?
Within 7 Days of receiving a property report
When land is designated to be in an AMA, what would apply?
Overdraft of the underground water supply may be occurring
What is true regarding irrigation grandfathered water rights?
They run with the land
A licensee is required to disclose the presence of lead-based paint if the property was built before
1978
What would not be considered a grandfathered Water right?
Exempt domestic well
When a new residential development is taking place in an active management area, the developer would be to required to provide
Assured water supply
If you have the right to place a construction trailer on a residential lot, this change in zoning is called
Variance
When property zoning is change from single-family to commercial usage, this change would be called
Up zoning
The EPA program that covers brownfields would refer to
Land with hazardous substances
When land is offered Interstate it would be regulated by the Consumer Financial Protection Bureau. What number of lots must be offered for the regulation to take place?
25 or more
Federal Emergency Management agency is responsible for
Flood area maps
What would not apply to adjudicated water rights
It applies to all underground streams in Arizona
When a person who needs private land for public use, this is called
Dedication
The house was built prior to 1978 and a buyer purchases the property. The property contains friable material. What concerns the buyer at the most?
Asbestos
The seller of the property is aware that there is Earth fissures in the area and does not inform the licensee. 2 years later, the buyer files a claim that the licensee did not disclose this information prior to the sale. The Geological Survey map was updated one year after the purchaser bought the property informing the public about the fissures. Who is at fault?
Seller
A seller is unaware that a property is in an area on a Geological Survey map that shows fissures. Two years after the sale the buyer sues for failure to disclose the fissures. Who is most likely at fault?
Licensee and licensees broker
What would mold most likely be caused by?
Backed up sewer
In parts of Arizona where the ground water that has been historically overdrafted, the elevation of the land may become lower over time. This would lead to higher risk of flooding. What is this?
Subsidence
Shrinking and swelling soil is also known as
Expansive soil