Arizona Real Estate Salesperson Exam — All Questions
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Which deed offers the grantee the greatest protection by warranting title against defects arising at any time, even before the grantor owned the property?
- a.General warranty deed✓
- b.Special warranty deed
- c.Quitclaim deed
- d.Bargain and sale deed
A general warranty deed contains full covenants and warrants against all title defects, including those predating the grantor's ownership. A special warranty deed only covers defects arising during the grantor's ownership, and a quitclaim deed conveys whatever interest the grantor has with no warranties at all.
Arizona is a community property state. When a married couple acquires real property during the marriage without specifying otherwise, the property is generally presumed to be:
- a.Separate property of the spouse who earned the funds
- b.A tenancy in common with unequal shares
- c.A joint tenancy with automatic survivorship
- d.Community property owned equally by both spouses✓
In Arizona, property acquired by either spouse during marriage is presumed community property, owned equally by both regardless of who earned the money. Separate property is generally that owned before marriage or received by gift or inheritance. Survivorship is not automatic unless the couple takes title as community property with right of survivorship.