Arizona Commissioner’s Standards!
This course is designed for real estate brokers and salespersons who are interested in increasing their knowledge of the commissioner’s standards. This course has been approved by the Arizona Real Estate Commission, and as such, upon completion, you will receive the three required credits for the process on your Arizona Real Estate License Renewal Transcript. As identified by the Arizona Real Estate Law Book regarding topics that meet the Arizona Real Estate Commissioner’s Standards, this course provides your legal requirements regarding
- Salesperson and Broker Licensing
- Professional Conduct
- Compensation for Conduct
- Broker Supervision and Control
- Advertising and Promotional Activities
- Grounds for Disciplinary Action
- Branch Offices and Office Policy
- Professional Corporation (PC) and Professional Limited Liability Company (PLLC)
- Recordkeeping
- Trust Accounts
3-Hours Commissioner’s Standards
Updated September 2022
Lessons
1-Start Here-License Renewal – AZ Standards
2-ARS 32-2130 (A), ARS 32-2130 (B) – AZ Standards
🔊 Listen to Lesson ARS 32-2130 (A) A license may be renewed in a timely manner by filing an application for renewal in the manner prescribed by the commissioner, by paying the renewal fee…ARS 32-2130 (A) A license may be renewed in a timely manner by filing an application for renewal in the manner prescribed […]
3-Legal Hotline Q & A – AZ Standards
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4-Section 1 Exam – Commissioner’s Standards – AZ Standards
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5-The Tutorial – AZ Standards
🔊 Listen to Lesson The tutorial shows licensees how to: Log into the online system Complete the Terms and Conditions Provide email registration Update personal information Validate qualifications and suitability for license renewal Identify…The tutorial shows licensees how to: Log into the online system Complete the Terms and Conditions Provide email registration Update personal information […]
6-Lapsed License – AZ Standards
🔊 Listen to Lesson Statute 32-2130(B) (C) In the event your license has lapsed, you may file an application for license renewal up to one year after license expiration. Additionally, if a license has expired,…Statute 32-2130(B) (C) In the event your license has lapsed, you may file an application for license renewal up to one year after […]
7-Legal Hotline Q & A – AZ Standards
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8-Section 2 Exam – AZ Standards
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9-Fiduciary Duty – AZ Standards
🔊 Listen to Lesson Fiduciary Duty Within the Arizona Real Estate Law book, under statute R4-28-1101, A licensee owes a fiduciary duty to the client and shall protect and promote the client’s interests. The…Fiduciary Duty Within the Arizona Real Estate Law book, under statute R4-28-1101, A licensee owes a fiduciary duty to the client and […]
10-Broker Supervision and Control – AZ Standards
🔊 Listen to Lesson A salesperson or broker shall not: Permit or facilitate occupancy in a person’s real property by a third party without prior written authorization from the person; or Deliver possession before…A salesperson or broker shall not: Permit or facilitate occupancy in a person’s real property by a third party without prior written […]
11-Advertising – AZ Standards
🔊 Listen to Lesson Advertising includes anything that is prepared to induce directly or indirectly any person to enter into any obligation or acquire any title or interest in [property] and any photographs, drawings…Advertising includes anything that is prepared to induce directly or indirectly any person to enter into any obligation or acquire any title […]
12-Legal Hotline Q & A – AZ Standards
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13-Section 3 Exam-Commissioner’s Standards -AZ Standards
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14-Unauthorized Activity – AZ Standards
🔊 Listen to Lesson Unauthorized A licensee is a real estate professional with a fiduciary duty to his or her client to act in the client’s best interests, as described in R4-28-1101(I). Reasonable care or…Unauthorized A licensee is a real estate professional with a fiduciary duty to his or her client to act in the client’s best […]
15-Grounds for Corrective Action – AZ Standards
🔊 Listen to Lesson Grounds for Corrective Action The commissioner may suspend or revoke a license, deny the issuance of a license, issue a letter of concern to a licensee, issue a provisional license…Grounds for Corrective Action The commissioner may suspend or revoke a license, deny the issuance of a license, issue a letter of […]
16-Grounds for Corrective Action Continued – AZ Standards
🔊 Listen to Lesson Grounds for Corrective Action (continued) 10. Paid or received any rebate, profit, compensation or commission in violation. 11. Induced any party to a contract to break the contract for the…Grounds for Corrective Action (continued) 10. Paid or received any rebate, profit, compensation or commission in violation. 11. Induced any party to […]
17-Legal Hotline Q & A – AZ Standards
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18-Section 4 Exam-Commissioner’s Standards – AZ Standards
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19-Branch Office – AZ Standards
🔊 Listen to Lesson When a broker maintains more than one place of business within the state he/she shall be required to procure an additional license for each branch office. Branch office licenses are…When a broker maintains more than one place of business within the state he/she shall be required to procure an additional license […]
20-Office Policies – AZ Standards
🔊 Listen to Lesson Arizona designated brokers are responsible for the management of the physical office and for the supervision and control of licensees who work with the brokerage. Brokers are required to have…Arizona designated brokers are responsible for the management of the physical office and for the supervision and control of licensees who work […]
21-Office Record Keeping – AZ Standards
🔊 Listen to Lesson Record-Keeping The broker is required to keep the records of each transaction and employment records for at least five (5) years from the date of the termination of the transaction…Record-Keeping The broker is required to keep the records of each transaction and employment records for at least five (5) years from […]
22-Trust Accounts – AZ Standards
🔊 Listen to Lesson ARS 32-2151 Unless otherwise provided in writing by all parties to a transaction, any licensed real estate broker who does not immediately place all funds entrusted to the broker, in…ARS 32-2151 Unless otherwise provided in writing by all parties to a transaction, any licensed real estate broker who does not immediately […]
23-Trust Account Records – AZ Standards
🔊 Listen to Lesson Trust account records should show at all times: When money came into the trust account How much Who it belongs to When it was disbursed and to whom Take a look at the Trust Account…Trust account records should show at all times: When money came into the trust account How much Who it belongs to When it was disbursed […]
24-ESCROW ACCOUNTS / BROKER TRUST ACCOUNTS FAQ – AZ Standards
🔊 Listen to Lesson What action is required when a licensee receives monies in connection with a real estate transaction? When and where should a broker deposit funds entrusted to the broker? When is…What action is required when a licensee receives monies in connection with a real estate transaction? When and where should a broker […]
25-Legal Hotline Q & A – AZ Standards
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26-Section 5 Exam – AZ Standards
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27-Final Exam – AZ Standards
🔊 Listen to Lesson The Final is not timed. Once you have passed this final… The Commissioner’s Standards Course Remember to PRINT OUT YOUR CERTIFICATE, and then you may move on to a new Course. Good luck…The Final is not timed. Once you have passed this final… The Commissioner’s Standards Course Remember to PRINT OUT YOUR CERTIFICATE, and then you […]
