Arizona Real Estate License Disclosure and Fair Housing 2

Question 1

Under the federal Fair Housing Act, which of the following is NOT a protected class?

Accepted Answer

Sexual orientation

Answer

Familial status

Answer

National origin

Answer

Religion

Question 2

An Arizona seller knows the roof leaks during heavy rain. What must the licensee advise regarding this material fact?

Accepted Answer

It must be disclosed because it is a known material defect

Answer

It may be concealed if the buyer does not ask

Answer

Only structural defects require disclosure

Answer

Disclosure is optional if the price is reduced

Question 3

Which Arizona form is commonly used for a seller to disclose the property's condition to a buyer?

Accepted Answer

SPDS (Seller Property Disclosure Statement)

Answer

HUD-1 Settlement Statement

Answer

Uniform Commercial Code filing

Answer

Lead-Based Paint Addendum

Question 4

A licensee tells a family with children that a quiet complex 'is really more suited to adults.' This is an example of:

Accepted Answer

Steering based on familial status

Answer

Legitimate market advice

Answer

Required disclosure

Answer

A permitted senior-housing exemption

Question 5

Federal lead-based paint disclosure rules apply to residential properties built before which year?

Accepted Answer

1978

Answer

1968

Answer

1988

Answer

1998

Question 6

Under Arizona law, a licensee must disclose which of the following about a property?

Accepted Answer

A known defect in the septic system

Answer

That a prior occupant died of natural causes on the property

Answer

That a neighbor was convicted of a felony

Answer

That a prior occupant had a contagious disease

Question 7

The 'Mrs. Murphy' exemption under the Fair Housing Act may apply to:

Accepted Answer

An owner-occupied dwelling of four or fewer units

Answer

Any single-family home sold by owner

Answer

All commercial rental buildings

Answer

Housing operated by a religious organization only