LI 226 Arizona Department of Real Estate Azre Form
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People also ask
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Do you have to be an Arizona resident to get real estate license?
In order to be a real estate agent in Arizona, the applicant must be a resident of the state. Note that current Arizona residents who are actively licensed out of state are entitled to apply for Out-of-State Recognition. -
What do you need to be a designated broker in Arizona?
The Designated Broker must access the ADRE online system to approve the hire prior to the licensee being legal to work. An original certified license history from the other state where a license is held for at least one year; Proof of Arizona residency; and. Arizona residency attestation. -
What is the difference between a real estate agent and a broker in Arizona?
A real estate agent can represent buyers and sellers in home sale transactions. But they have two work under the supervision of a broker. They can't work independently. A broker is able to work independently and supervise agents. -
How to submit Arizona real estate license application?
In most instances an applicant can submit their license online through the Licensee Login. Upon logging in, a scanned application can be submitted in one PDF by following the Alerts at the top of the page. -
Does a transaction coordinator need to be licensed in Arizona?
Yes, but they must be licensed in Arizona. It is possible to share a transaction coordinator, but all licensees must be members of the same brokerage firm. -
How do I get a broker's license in Arizona?
To get an Arizona license you must be 18 years of age and have 3 years of actual experience as a licensed real estate agent or broker within the past 5 years, which is verified with the LI-226 form (Required for testing and licensing). You must complete 90 hours of education that consists of 45 units. -
Do business brokers need a license in Arizona?
In Arizona, brokers are required to have a specific license from the Arizona Department of Real Estate. Additionally, business brokers in Arizona are allowed to prepare the transaction's legal documents, as long as they do not charge a separate fee. -
What does a designated broker do in Arizona?
A designated broker shall supervise associate brokers, salespersons, and employees of the employing broker and shall exercise reasonable supervision and control over activities by the employing broker for which a license is required.
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