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At Copper State Homes in Mesa, caleb completed the ninety-hour salesperson course nine years ago but never applied, and is now asking whether the course certificate is still within the allowed age limit. Which statement is most accurate under current Arizona rules?

Correct Answer

D) the approved salesperson course generally must have been completed within the last ten years to support an application

Under A.R.S. § 32-2124, the approved salesperson course generally must have been completed within the last ten years to support an application.

Answer Options
A
the course certificate expires after twenty years for that fact pattern
B
the course certificate never expires once issued in that Arizona transaction
C
the course certificate expires after one year under current Arizona law
D
the approved salesperson course generally must have been completed within the last ten years to support an application

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Related Topics & Key Terms

Key Terms:

arizona_specificeducation_validityten_year_rulelicense_requirements_90hadre_commissioner_and_licensing

Related Concepts

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

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