Qualifying for and Obtaining an Arizona Real Estate License Original real estate, cemetery and membership camping salesperson's and broker's licenses are issued for a term of two (2) years. License renewal must occur on or before the last day of the month in which the license was issued.
You should cover Limitations of Liability, Third-Party Links, and other terms of use. Ensure your disclaimer clearly says that you will assume no responsibility for the accuracy of the information on the website or blog. Online home value assessments are unlikely to be 100% accurate, and they are NOT appraisals.
An inactive status is allowed indefinitely, as long as continuing education (CE) is uploaded, however, remember, the difference between an active and an inactive license is that one cannot perform real estate activity with an inactive license.
To Move from Inactive Status to Active Status, licensees must submit the following: Step 1: Proof of Continuing Education, if applicable. Step 2: Complete the Reactivation Application. Step 3: Review the Reactivation Application Submission Instructions.
New Legal Requirements: As of August 17, 2024, signing this agreement is mandatory before viewing homes, and buyer's agent commissions must be negotiated upfront to sign. Benefits for Homebuyers: Provides clarity, access to resources, and legal protection during your homebuying journey.
What are the features of a legally valid real estate contract in Arizona? Understanding the five essential features of a legally valid real estate contract in Arizona is fundamental. These features include mutual consent, capacity, consideration, a written format, and a proper description of the property.
Required Elements of a Real Estate Contract To establish legality, a real estate contract must include a legal purpose, legally competent parties, agreement by offer and acceptance, consideration, and consent.
To get a real estate license in Arizona, you must complete a 90-hour pre-licensing course and a 6-hour contract writing course, pass a background check, take the licensing exam, and submit an application. The entire process can take one to three months, depending on individual circumstances and commitment.
$59,600 is the 25th percentile. Salaries below this are outliers. $99,300 is the 75th percentile.