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Real Estate > Chapter 18 Quiz > Flashcards

Chapter 18 Quiz Flashcards

1
Q

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 which of the following?

A. Lead-based disclosure and booklet
B. Full disclosure statement of all cost to remove the lead paint
C. Home inspection from a qualified inspector
D. Soil inspection report

A

A. Lead-based disclosure and booklet

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2
Q

Radon gas would primarily be found in which of the following substances?

A. Insulation material
B. Lead-based paint
C. Underground minerals
D. Building materials containing formaldehyde

A

C. Underground minerals

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3
Q

The word friable would most likely apply to

A. Radon gas
B. Lead-based paint
C. Superfund area
D. Asbestos

A

D. Asbestos

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4
Q

When land is designated to be in an AMA, which of the following apply?

A. The land is located out of the CAP supply zone
B. Overdraft of the underground water supply may be occurring
C. Surface water rights have been eliminated
D. Irrigation rights have been lost

A

B. Overdraft of the underground water supply may be occurring

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5
Q

A licensee is required to disclose the presence of lead-based paint if the property was built before

A. 1988
B. 1978
C. 1989
D. 1992

A

B. 1978

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6
Q

All of the following are considered grandfathered water rights EXCEPT

A. Type 1 rights
B. Type 2 rights
C. Exempt domestic well
D. Rights held prior to a legislative change

A

C. Exempt domestic well

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7
Q

What would MOST LIKELY cause a mold hazard?

A. Backed up sewer
B. Well-ventilated area
C. Old shower curtain that hasn’t been cleaned
D. Bathroom

A

A. Backed up sewer

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8
Q

If you suspect a home may have asbestos, who do you call?

A. Broker
B. Salesperson
C. Encapsulator
D. Inspector

A

D. Inspector

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9
Q

Who regulates groundwater in Arizona?

A. ADWR
B. ADEQ
C. EPA
D. GWR

A

A. ADWR

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10
Q

The two designations or classifications of water law in Arizona are

A. Navigable and non-navigable
B. Ground and surface
C. Flowing and stagnant
D. None of the above

A

B. Ground and surface

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11
Q

Littoral rights would refer to

A. Building material
B. The heir rights in deeded property
C. Mineral rights and easements
D. Property bordering lakes and oceans

A

D. Property bordering lakes and oceans

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12
Q

A health concern to homeowners living near golf courses may be

A. Noise
B. Golf balls
C. Pesticides
D. Early morning traffic

A

C. Pesticides

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13
Q

What environmental hazard is a product of the natural decay of radioactive substances found in the ground?

A. Asbestos
B. Radon
C. Lead
D. Carbon monoxide

A

B. Radon

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14
Q

What is the only navigable waterway in Arizona?

A. Colorado River
B. Salt River
C. Agua Fria River
D. Bartlett Lake

A

A. Colorado River

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15
Q

The water table is defined as

A. All surface water
B. Water in relation to sea level
C. Where potable water can be found
D. The level at which water will be located

A

D. The level at which water will be located

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16
Q

When a person has rights to use the water adjacent to his land, this is referred to as

A. Reliction
B. Riparian
C. Avulsion
D. Alluvion

A

B. Riparian

17
Q

If a parcel of real estate is near a toxic waste site, the agent would be obligated to

A. Conduct a phase one adult
B. Disclose the fact
C. Do nothing if he is not an agent for the buyer
D. Disclose only if it is a Superfund site

A

B. Disclose the fact

18
Q

Which of the following would be considered an exempt domestic well?

A. One with a maximum pumping capacity of 50 gallons per minute
B. One with a maximum pumping capacity of 35 gallons per minute
C. Any size pump used for domestic use
D. Any size pump as long as notice of intention to drill is given

A

B. One with a maximum pumping capacity of 35 gallons per minute

19
Q

Grandfathered water rights that can be sold separately from the land are known as

A. Type 1
B. Assured
C. Adequate
D. Type 2

A

D. Type 2

20
Q

Grandfathered irrigation rights

A. Run with the land
B. Remain with the seller
C. Can be transferred separately
D. Are used by permit

A

A. Run with the land

Real Estate (18 decks)

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