Arizona Real Estate Sales Study guides, Class notes & Summaries
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Arizona Real Estate Salesperson Exam 2024 CORRECT ANSWERS
- Exam (elaborations) • 40 pages • 2024
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What are the two requirements of the property if the anti-deficiency statute is to apply? - CORRECT ANSWERS-2.5 acres or less. Utilized as a family home for a 1 or 2 family dwelling. 
 
In a deed of trust, who is the "trustor?" - CORRECT ANSWERS-The person buying the house (the purchaser). 
 
Who has priority in liens even over a purchase money mortgage lien filed prior? - CORRECT ANSWERS-Liens for unpaid property taxes and agricultural liens on crops. 
 
Does an IRS lien filed in 2015 have pr...
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