Arizona Licensing process Flashcards
Broker Management Clinic
Required 9 hour continuing education course that new Arizona broker licensee must complete prior to license issuance and designated brokers must complete every two years
Code of ethics
Articles that pertain to the REALTORS relation to clients, other real estate agents, and the public
Commissioner
The commissioner of the Arizona Department of Real Estate
Contract Writing Course
6 hour continuing education course, required to be completed prior to getting Arizona real estate salesperson license
Licensing
The personal, non-assignable authorization to enter and perform acts related to real estate
National Association of REALTORS
Trade association for licensed real estate persons
Reinstatement
The activation of a salesperson or broker license after it has been in expired status
Temporary broker’s license
License issued by the Commissioner to kin, administrator, spouse, pr, or employee of broker in case of broker’s illness, injury, insanity, or death
Arizona Salesperson exam
- 170 multiple choice
- 80 general 90 arizona specific
- 75% to pass
- if pass 1 year to activate license
Arizona Broker exam
- 180 multiple choice
- 80 general 100 arizona specific
- 75% to pass
- if pass 1 year to activate license
Salesperson License renewal
24 hours of continuing education every 2 years.
License application requirements
- ADRE form
- Demographics
- Employment history
- Conviction history
- Bankruptcy
- Business Information
Commissioners Rule requires licensees to notify Commissioner within 10 days of the following occurrences…
-Convictions, court decisions, license issue
REALTORS code of ethics
established in 1913
-ethical guide for all realtor practices, and professional standard
