In a licensing seminar in Goodyear, Which statement about commissioner qualifications is correct in Arizona?
Correct Answer
D) the appointee must have 5 years of industry experience, 3 years of administrative experience, and no financial interest in a real estate or brokerage firm at appointment
A.R.S. § 32-2106 requires at least 5 years in the real estate, title insurance, banking, or mortgage broker industry, 3 years of administrative experience, and no financial interest in a real estate or brokerage firm at appointment.
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