Azure tide realty 45hr practice exam Latest Update 2025-2026 100 Questions and 100% Verified Correct Answers Guaranteed A+
A condo management company can put a lien against property and force foreclosure
when an owner does/does not do what? - CORRECT ANSWER: Doesn't pay the condo
fees
A developer has recorded a declaration in the public records of the county where the condominium is located for a 36-unit building. Upon the creation of a condominium development, the developer must file which of the listed documents? - CORRECT
ANSWER: 1) "Declaration of Condominium"
2) "Bylaws of the Association." 3) "Prospectus" 4) All three listed documents. ANSWER
A good farm area includes all of the following except which of the following? -
CORRECT ANSWER: Is already dominated by another real estate agent.
A home is expected to sell for $640,000. The brokerage is charging 6% commission.The expected other sales cost total $11,000. How much is the estimated Net Proceeds?
- CORRECT ANSWER: 590,600.00
{$640,000×.06=$38,400; $640,000-$11,000-$38,400=$590,600}
A loan officer has done a brief interview with a buyer without verifying documentation
such as income. What is this called? - CORRECT ANSWER: Preapproving the buyer.
Adequately tending to the duties and obligations of a fiduciary relationship can best be demonstrated by? - CORRECT ANSWER: 1) A real estate licensee doing his or her best to find a buyer for a property. 1 / 2
2) A store manager working to maximize profits for the store owner.3) A lawyer writing a legally correct contract for a client.4) All of the above. ANSWER
Agent Barnaby had an established transaction brokerage relationship with her seller.When a buyer wanted to look at the house with Barnaby, which of the following is
correct? - CORRECT ANSWER: Working with the buyer as a transaction brokerage.
Agent Bigley was doing a CMA for a 1-bedroom 1-bathroom condo with carport in Maxium Condo Building. Which of the following properties would be the best
comparable? - CORRECT ANSWER: A 2-bedroom, 1 bath condo with a carport in
Maxium Condo Building.
Agent Jasmine took a different job outside of real estate for a while because of lack of sales. She wants to eventually return to her real estate job. Which of the following
should she not do? - CORRECT ANSWER: Stop renewing her license.
Agent Rapunzel was out shopping so she didn't have her real estate license on her. She received a request from a buyer to immediately see a home. What should she do? -
CORRECT ANSWER: Set the appointment out long enough to pick up her wallet
license.
Agent Ronald had a customer get mad and leave negative feedback on Google. What is
the best response? - CORRECT ANSWER: Reach out to the person and try to resolve
the issue.
Alyvia is renting a property by the year. How much notice does she have to give to
cancel her lease? - CORRECT ANSWER: 60 days
An ethics charge within the National Association of REALTORS® may result in which
one of the following? - CORRECT ANSWER: 1) Expulsion from membership with NAR.
2) Mandatory Educations.
- / 2