Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

AZ Real Estate Exam > Document Time Schedule & Statute of Limitations > Flashcards

Document Time Schedule & Statute of Limitations Flashcards

1
Q

Doc Time Schedule & Statute of Limitations

Residential rental agreements

A

1 year

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Doc Time Schedule & Statute of Limitations

The time required to keep all rejected offers

A

1 year

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Doc Time Schedule & Statute of Limitations

The time a real estate sales and broker’s license is valid

A

2 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Doc Time Schedule & Statute of Limitations

Redemption period following a real property tax sale.

A

3 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Doc Time Schedule & Statute of Limitations

The number of years a person must be active in
real estate to qualify for an Arizona broker’s license.

A

3 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Doc Time Schedule & Statute of Limitations

Length of time a judgment remains valid.

A

5 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Doc Time Schedule & Statute of Limitations

Number of years a broker must keep a copy
of all contracts from termination date.

A

5 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Doc Time Schedule & Statute of Limitations

The period of time a person has to file a lawsuit to
obtain money from the recovery fund.

A

5 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Doc Time Schedule & Statute of Limitations

Period of non-use to lose an easement by prescription.

A

5 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Doc Time Schedule & Statute of Limitations

Length of time the Advisory Board Members serve

A

6 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Doc Time Schedule & Statute of Limitations

The time period of constant use to claim an easement by prescription.

A

10 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Doc Time Schedule & Statute of Limitations

Time period to file a law suit after a
mechanic’s lien was filed.

A

6 months

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Doc Time Schedule & Statute of Limitations

Length of time the transferee must retain all notices
to the creditors under the Uniform Commercial Code

A

6 months

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Doc Time Schedule & Statute of Limitations

Statutory period of redemption regarding
a mortgage foreclosure.

A

6 months

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Doc Time Schedule & Statute of Limitations

A person may reject a contract on unimproved subdivided or unsubdivided land when purchased sight unseen.

A

6 months

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Doc Time Schedule & Statute of Limitations

Period of time to reject a contract regarding unimproved subdivided or unsubdivided land if the buyer
has inspected the land.

A

7 days

17
Q

Doc Time Schedule & Statute of Limitations

Time to rescind a timeshare contract

A

7 days

18
Q

Doc Time Schedule & Statute of Limitations

Amount of days to notify the Real Estate Department
regarding change of address.

A

10 days

19
Q

Doc Time Schedule & Statute of Limitations

Broker needs to initial or sign all contracts
within how many days.

A

10 days

20
Q

Doc Time Schedule & Statute of Limitations

Notice to terminate a month to month lease.

A

30 days

21
Q

Doc Time Schedule & Statute of Limitations

1031/Starker to designate properties

A

45 days

22
Q

Doc Time Schedule & Statute of Limitations

Reinstatement period prior to a trustee
sale in a deed of trust.

A

90 days

23
Q

Doc Time Schedule & Statute of Limitations

Subcontractors time to file a lien.

A

120 days

24
Q

Doc Time Schedule & Statute of Limitations

General contractors time to file a lien.

A

120 days

25
Q

Doc Time Schedule & Statute of Limitations

1031/Starker to close escrow

A

180 days

26
Q

Doc Time Schedule & Statute of Limitations

Number of continuing education hours required to
renew an associate broker and salesperson license.

A

24 hours

27
Q

Doc Time Schedule & Statute of Limitations

Number of continuing education hours required to renew a designated broker, self-employed broker, or delegated associate broker license.

A

30 hours

AZ Real Estate Exam (4 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions