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Updated October 2026

Arizona Real Estate Practice Exam

A free practice test for the Arizona salesperson exam, for the weeks before your test date, with an explanation on every answer. Score yourself against Arizona's real 75% pass line before you book.

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Arizona practice exam1/10
Property ownership

A claimant has occupied and used a parcel in Arizona under a duly recorded deed and has paid the property taxes. Under A.R.S. 12-525, what limitation period applies to this kind of adverse possession?

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This practice exam is a study aid, not the real exam. Our questions are written by us to match the published content outline. They are not actual exam questions, no score here predicts a pass, and this site is not affiliated with, endorsed by, or sponsored by PSI, Pearson VUE, ARELLO, any state real estate commission, or any government agency. Your state commission and your candidate handbook are the only authoritative sources.

Arizona real estate exam at a glance

Arizona real estate salesperson exam at a glance
National questions80 scoredsource
State-law questions60 scoredsource
Passing score75%source
Time limit4 hourssource
Exam fee$130.00 per attemptsource
Test providerPearson VUEsource
Retake wait1 dayssource
Pre-licence education90 hourssource

Figures verified against official sources on . Exam fees and rules change. Check the linked source before you book.

10 sample questions, with answers explained

Every question above with its correct answer and the reasoning behind it. Read the explanations for the ones you answered correctly too. A lucky guess and knowing the rule look identical on a score report. These are sample questions from our larger bank.

  1. 1. A claimant has occupied and used a parcel in Arizona under a duly recorded deed and has paid the property taxes. Under A.R.S. 12-525, what limitation period applies to this kind of adverse possession?

    • A10 years
    • B2 years
    • C3 years
    • D5 yearscorrect

    Why: The official catchline of A.R.S. 12-525 describes adverse possession and use "under duly recorded deed with possessor paying taxes; five year limitation," so 5 years applies. Three years (12-523) is possession under title or color of title, and 10 years (12-526) is the general possession-and-use period. The 2-year rule in 12-522 covers land claimed only by right of possession.

    Property ownership

  2. 2. An Arizona broker wants to transfer trust money between accounts belonging to different owners. What consent is required?

    • AOnly a verbal request from the receiving owner
    • BNo consent if the balances will later be restored
    • CEach person's written consentcorrect
    • DOnly the broker's internal permission

    Why: A.R.S. 32-2151(C)(6) requires each owner's written consent for transfers between differently owned accounts.

    Practice of real estate

  3. 3. An Arizona salesperson receives a transaction deposit and wants to keep it until next month's sales meeting. What is required?

    • AHold it personally until commission is earned
    • BSend it to an unrelated licensee
    • CExchange it for a personal loan to the office assistant
    • DPromptly place it in the designated broker's carecorrect

    Why: A.R.S. 32-2151.01(D) requires promptly placing transaction cash, checks and other value items in the designated broker's care.

    Practice of real estate

  4. 4. An Arizona rejected offer never results in a binding contract. What minimum record period applies under the rejected-offer provision?

    • A3 years
    • B1 yearcorrect
    • C5 years
    • D2 years

    Why: A.R.S. 32-2151.01(I) generally retains rejected offers for at least 1 year, extending prior rejected-offer retention to 5 years when a binding contract results.

    Practice of real estate

  5. 5. Three co-buyers in a single Arizona home sale each win a $25,000 judgment against the salesperson whose misrepresentation harmed them, and each applies to the Real Estate Recovery Fund. What is the most the fund can pay for that one transaction?

    • A$25,000
    • B$30,000correct
    • C$75,000
    • D$90,000

    Why: A.R.S. 32-2186(B) caps the fund at $30,000 for each transaction, regardless of the number of persons aggrieved or the number of licensees or parcels involved. $90,000 is the separate cap for each licensee, and $75,000 simply adds up the three judgments, which the per-transaction cap does not allow.

    Practice of real estate

  6. 6. An Arizona buyer offers a promissory note as earnest money. What should the transaction document identify?

    • AThat collected cash was received regardless of its form
    • BOnly the buyer's estimated future salary
    • CThat the consideration is a promissory notecorrect
    • DOnly the agent's expected commission

    Why: A.R.S. 32-2151.01(C) requires specifying the actual type of earnest consideration in the purchase contract, lease or receipt.

    Contracts

  7. 7. A buyer hands an Arizona salesperson an earnest money check along with an offer. Under A.R.S. 32-2151.01, what must happen?

    • AShe deposits it in her own account until the offer is accepted, and the contract states only the amount.
    • BShe holds it in her file until closing, and the contract need not mention it.
    • CShe promptly places it in the designated broker's care, and the contract states it is a check.correct
    • DShe gives it directly to the seller, and the contract names the seller's bank.

    Why: A.R.S. 32-2151.01(D) requires all licensees to "promptly place all cash, checks or other items of value" received in a transaction in the care of the designated broker. Subsection C requires the broker to state in the purchase contract, lease or receipt the type of earnest money received, "whether it is cash, a check, a promissory note or any other item of value."

    Practice of real estate

  8. 8. A residential listing agreement says it runs "until the property is sold" and is otherwise complete and signed. Under A.R.S. 32-2151.02(A), what is wrong with it?

    • ANothing, because the seller signed it
    • BIt must be recorded with the county recorder to be valid
    • CIt lacks a definite duration showing dates of inception and expirationcorrect
    • DIt must be approved by ADRE before the property is marketed

    Why: A.R.S. 32-2151.02(A) requires every real estate employment agreement to be clear, set forth all material terms including broker compensation, be signed by all parties, and "have a definite duration or expiration date, showing dates of inception and expiration." "Until sold" has no expiration date. Recording is not required, and A.R.S. 44-502 makes it unlawful to record an exclusive agreement to list residential property.

    Contracts

  9. 9. A buyer signs a timeshare purchase agreement in Arizona. Under A.A.C. R4-28-804(B), by when may the buyer rescind without cause?

    • AMidnight of the 10th calendar day after signingcorrect
    • BMidnight of the 3rd calendar day after signing
    • CMidnight of the 5th calendar day after signing
    • DMidnight of the 7th calendar day after signing

    Why: R4-28-804(B) requires a timeshare contract to state that the purchaser may rescind by written notice "by midnight of the tenth calendar day" following the day the purchaser signed, so the answer is the 10th day. The 7th calendar day is the rescission deadline for unimproved subdivided lots and unsubdivided land under R4-28-804(A).

    Contracts

  10. 10. An Arizona seller owes $310,000 on her loan. Her home sells for $320,000 and her costs of sale total $22,000. She cannot pay any shortfall. By how much does the sale fall short, making it a "short sale" as A.R.S. 32-2130 defines the term?

    • A$10,000
    • B$12,000correct
    • C$22,000
    • D$32,000

    Why: A.R.S. 32-2130(A) defines a short sale as one where the sales price is insufficient to pay the loan "in addition to the costs of sale" and the seller cannot pay the difference. The loan plus costs is $310,000 + $22,000 = $332,000, and $332,000 - $320,000 = $12,000. Ignoring the costs makes the sale look like a $10,000 gain.

    Financing