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List of Online Courses:
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Arizona Commissioner's Standards
ARIZONA COMMISSIONER'S STANDARDS
(3 hours, Commissioner's Standards)
This course meets the three-hour Commissioner's Standards requirement for license renewal. This course covers license law requirements related to compensation, handling of client funds, disclosures, record keeping, and other activities of licensees.
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TIME
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CONTENT
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LEARNING OBJECTIVES
After this segment, the student will be able to:
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10 min
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Arizona Department of Real Estate (ADRE)
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Explain the functions of the Arizona Real Estate Commissioner.
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30 min
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Compensation issues
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Distinguish between illegal and legal forms of compensation in real estate transactions.
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20 min
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Licensing requirements
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Determine what is required to obtain and activate a real estate salesperson's or broker's license.
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30 min
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Record keeping and trust funds
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Develop guidelines for record keeping and for handling funds belonging to others based on the requirements of Arizona law.
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20 min
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Real estate employment agreements
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Summarize the requirements for real estate employment agreements
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10 min
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License denial, suspension and revocation
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Identify activities that may result in denial, suspension or revocation of a real estate license.
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40 min
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Disclosure
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Compare and contrast the disclosure requirements for clients versus non-clients in terms of agency relationships, potential conflicts, price, terms, motivation and material defects.
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20 min
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Advertising
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Explain the disclosures that are required in advertisements.
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