Arizona Salesperson Practice Exam Prep Complete 150

ARIZONA SALESPERSON

PRACTICE EXAM PREP

COMPLETE 150

Question 1: A bakery tenant installs a large commercial oven that can be removed without material damage to the building. At the end of the lease, the oven is generally classi�ed as what?

Choices:

1) A �xture that automatically belongs to the landlord 2) A trade �xture the tenant may remove 3) An appurtenance that runs with the land 4) An emblement

Correct Answer: A trade �xture the tenant may remove

Explanation: Equipment installed by a tenant for business use is generally a trade �xture and may be removed before the tenancy ends if removal does not cause material damage.Page 1

Question 2: An owner removes built-in bookcases from a house before listing it. The act of converting the bookcases from real property to personal property is called what?

Choices:

1) Accession 2) Annexation 3) Severance 4) Avulsion

Correct Answer: Severance

Explanation: Severance is the process of changing an item from real property to personal property by detaching it from the land or improvements.

Question 3: A farmer sells a parcel after planting an annual crop but before

harvest. The planted crop is most commonly treated as what kind of property interest?

Choices:

1) Emblements 2) Trade �xtures 3) Appurtenant easements 4) Subsurface rights

Correct Answer: Emblements

Explanation: Annual crops produced by labor are called emblements and are generally treated as personal property in appropriate circumstances.Page 2

Question 4: Which physical characteristic of land means that no two parcels are

exactly alike?

Choices:

1) Immobility 2) Indestructibility 3) Non-homogeneity 4) Situs

Correct Answer: Non-homogeneity

Explanation: Non-homogeneity, also called uniqueness, means each parcel di�ers in location or other characteristics from every other parcel.

Question 5: A neighborhood becomes more desirable because a major employer

opens nearby. Which economic characteristic of real estate is most directly illustrated?

Choices:

1) Immobility 2) Indestructibility 3) Situs 4) Severance

Correct Answer: Situs

Explanation: Situs, or area preference, refers to the economic e�ect of location and buyers' preferences for particular areas.Page 3