ARIZONA REAL ESTATE
LICENSE PRACTICE EXAM
Question 1: What is the primary characteristic of real property that distinguishes it from personal property?
Choices:
1) Mobility 2) Immobility 3) Scarcity 4) Value
Correct Answer: Immobility
Explanation: Real property is generally immobile, meaning the geographic location of a parcel of land can never be changed.Page 1
Question 2: Which of the following is considered a �xture?
Choices:
1) A ceiling fan installed by the homeowner 2) A lawnmower in the garage 3) A throw rug in the living room 4) A freestanding refrigerator
Correct Answer: A ceiling fan installed by the homeowner
Explanation: A �xture is personal property that has been permanently attached to real estate, making it real property.Question 3: Which term describes the economic characteristic of real estate that refers to the long-term nature of improvements?
Choices:
1) Situs 2) Permanence of investment 3) Immobility 4) Scarcity
Correct Answer: Permanence of investment
Explanation: Permanence of investment (�xity) refers to the fact that real estate investments are long-term and relatively illiquid.Page 2
Question 4: Water rights granted to owners of land along the course of a river or
stream are called:
Choices:
1) Littoral rights 2) Prior appropriation 3) Riparian rights 4) Avulsion
Correct Answer: Riparian rights
Explanation: Riparian rights belong to owners of land bordering a �owing body of water like a river or stream.Question 5: The sudden removal of soil by an act of nature is called:
Choices:
1) Erosion 2) Accretion 3) Avulsion 4) Alluvion
Correct Answer: Avulsion
Explanation: Avulsion is the sudden tearing away of land by water, earthquake, or other natural forces.Page 3