Principles, Property, and Land Use Practice Question

Question

A seller is preparing to list a home for the Arizona Real Estate Salesperson Exam involving sales comparison approach and Arizona Department of Real Estate. Which statement is the best answer? (Item 136)

Answer choices

1. A. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
2. B. The client’s preference eliminates the need to disclose known material facts.
3. C. The party who complains first automatically receives the remedy requested.
4. D. Use comparable sales adjustments for residential valuation in a way that fits Arizona exam practice.

Correct Answer

D. Use comparable sales adjustments for residential valuation in a way that fits Arizona exam practice.

Explanation

The correct answer is D because sales comparison approach requires candidates to use comparable sales adjustments for residential valuation. 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: Principles, Property, and Land Use
• Objective: sales comparison approach

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