Document Time Schedule & Statute of Limitations Flashcards
Doc Time Schedule & Statute of Limitations
Residential rental agreements
1 year
Doc Time Schedule & Statute of Limitations
The time required to keep all rejected offers
1 year
Doc Time Schedule & Statute of Limitations
The time a real estate sales and broker’s license is valid
2 years
Doc Time Schedule & Statute of Limitations
Redemption period following a real property tax sale.
3 years
Doc Time Schedule & Statute of Limitations
The number of years a person must be active in
real estate to qualify for an Arizona broker’s license.
3 years
Doc Time Schedule & Statute of Limitations
Length of time a judgment remains valid.
5 years
Doc Time Schedule & Statute of Limitations
Number of years a broker must keep a copy
of all contracts from termination date.
5 years
Doc Time Schedule & Statute of Limitations
The period of time a person has to file a lawsuit to
obtain money from the recovery fund.
5 years
Doc Time Schedule & Statute of Limitations
Period of non-use to lose an easement by prescription.
5 years
Doc Time Schedule & Statute of Limitations
Length of time the Advisory Board Members serve
6 years
Doc Time Schedule & Statute of Limitations
The time period of constant use to claim an easement by prescription.
10 years
Doc Time Schedule & Statute of Limitations
Time period to file a law suit after a
mechanic’s lien was filed.
6 months
Doc Time Schedule & Statute of Limitations
Length of time the transferee must retain all notices
to the creditors under the Uniform Commercial Code
6 months
Doc Time Schedule & Statute of Limitations
Statutory period of redemption regarding
a mortgage foreclosure.
6 months
Doc Time Schedule & Statute of Limitations
A person may reject a contract on unimproved subdivided or unsubdivided land when purchased sight unseen.
6 months
Doc Time Schedule & Statute of Limitations
Period of time to reject a contract regarding unimproved subdivided or unsubdivided land if the buyer
has inspected the land.
7 days
Doc Time Schedule & Statute of Limitations
Time to rescind a timeshare contract
7 days
Doc Time Schedule & Statute of Limitations
Amount of days to notify the Real Estate Department
regarding change of address.
10 days
Doc Time Schedule & Statute of Limitations
Broker needs to initial or sign all contracts
within how many days.
10 days
Doc Time Schedule & Statute of Limitations
Notice to terminate a month to month lease.
30 days
Doc Time Schedule & Statute of Limitations
1031/Starker to designate properties
45 days
Doc Time Schedule & Statute of Limitations
Reinstatement period prior to a trustee
sale in a deed of trust.
90 days
Doc Time Schedule & Statute of Limitations
Subcontractors time to file a lien.
120 days
Doc Time Schedule & Statute of Limitations
General contractors time to file a lien.
120 days
Doc Time Schedule & Statute of Limitations
1031/Starker to close escrow
180 days
Doc Time Schedule & Statute of Limitations
Number of continuing education hours required to
renew an associate broker and salesperson license.
24 hours
Doc Time Schedule & Statute of Limitations
Number of continuing education hours required to renew a designated broker, self-employed broker, or delegated associate broker license.
30 hours
