Term
| One who performs real estate activities while employed by or associated with a licensed real estate broker |
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| One who supervises all activites of sales agents and is liable for their actions |
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| Firm name or Entity, not a person |
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| A real estate broker working for a designated broker |
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| Real Estate broker who receives a referral fee |
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| When a DB becomes ill or dies, the broker who steps in to manage |
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| A broker who assists another broker in a real estate transation |
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Term
| Does a hostest of a model home need a license? |
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Term
| When can a RE agent sell a mobile home |
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Term
| How long do you have to active your RE License after passing test? |
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Term
| If License was given on June 3rd, 2004, when does it expire? |
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| How long do you have to notify department of changes to your license? |
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Term
| Who makes up the AZ advisory board? |
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Definition
| 9 members - 2 brokers, 2 residential brokers, 2 subdividers, 3 public members |
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Term
| who appionts the AZ Commissioner and Board? |
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Term
| What experiense must a Commissioner have? |
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Definition
-5 years of experience in any brokerage
-3 years of administrative experience |
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Term
| Can AZ Commissioners create laws? |
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Definition
| No, only rules and regulations |
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Term
| What happens if agent does not complete 24hrs of continueing eduation? |
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Definition
| License is "Severed" from employing broker |
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