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Practice Of Real EstateLicense LawHARD

In a Buckeye transaction review, a nonresident recognition applicant asks why ADRE is requesting additional Arizona-specific education even though the person holds an active out-of-state license. What is the best answer under current Arizona law or current Arizona form practice?

Correct Answer

A) some recognition applicants without Arizona residency must complete the Arizona-specific twenty-seven-hour education requirement

Under ADRE Out-of-State Recognition Salesperson page, under current ADRE policy, some recognition applicants without Arizona residency must complete the Arizona-specific twenty-seven-hour education requirement.

Answer Options
A
some recognition applicants without Arizona residency must complete the Arizona-specific twenty-seven-hour education requirement
B
the added course is a ninety-hour broker course under current Arizona law
C
recognition applicants are never asked for any Arizona-specific education
D
the added course replaces fingerprint and legal-presence requirements

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Related Topics & Key Terms

Key Terms:

arizona_specificrecognitiontwenty_seven_hour_courselicense_requirements_90hadre_commissioner_and_licensing

Related Concepts

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.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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