License Law, ARS Title 32, Ch 20 Flashcards Preview

Real Estate > License Law, ARS Title 32, Ch 20 > Flashcards

Flashcards in License Law, ARS Title 32, Ch 20 Deck (7)
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1
Q

What type of broker is employed by another broker?

A

Associate Broker

2
Q

R.E. licenses expires the last day of the month after how many months?

A

24

3
Q

When a license expires, it is suspended?

A

False

4
Q

Renewal requires how many months of continuing education?

A

24 or 30 for designated broker

5
Q

An applicant for a RE license must pay their license fees within how many years of the date they passed the state exam.

A

1

6
Q

The RE Advisory Board consist of how many members? Who are they?

A
  1. 2 Subdividers, 3 public member that are not involved in real estate, and 5 real estate Brokers who gives advise to the RE Commissioner and annually evaluates Commissioner to the Governor
7
Q

The designated broker is the employing Broker. True or False?

A

False