Fair Housing, Practice, and Disclosures Practice Question
Question
A seller is preparing to list a home for the Arizona Real Estate Salesperson Exam involving environmental hazards and Arizona Department of Real Estate. Which response best applies the rule? (Item 156)
Answer choices
- A. The rule applies only to commercial transactions and never to residential transactions.
- B. Client funds may be mixed with business funds if the broker reconciles the account later.
- C. The issue can be ignored if the parties want to close quickly.
- D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits Arizona exam practice.
Correct Answer
D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits Arizona exam practice.
Explanation
The correct answer is D because environmental hazards requires candidates to recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk. The Arizona reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: hard
- Domain: Fair Housing, Practice, and Disclosures
- Objective: environmental hazards