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Individuals must be licensed to discuss: CORRECT ANSWERS Price, Terms, Availability
In Arizona, a real estate license will expire: CORRECT ANSWERS Last day of the month in which the license was activated every two years
In Arizona, In order to be a real estate broker, you must: CORRECT ANSWERS Be active in real estate for 3 of the past 5 years
The purpose of licensing laws CORRECT ANSWERS To prevent fraud and dishonest acts
In AZ the only requirement to take real estate classes is CORRECT ANSWERS You must be 18 years of age
After completing the 90 hours of education and passing the school exam, the course hours are good for a time period of? CORRECT ANSWERS 10 years
After passing the state exam, how much time do you have in order to activate your license? CORRECT ANSWERS 1 year
How many hours of continuing education classes are required in order to renew your real estate license? CORRECT ANSWERS 24 hours
How often is the real estate license renewed? CORRECT ANSWERS Every 2 years
If a license was activated on March 14, 2014, when does the license expire? CORRECT
ANSWERS On March 31, 2016 (the last day of the month in which the license was activated 2 years prior)
In order to sell real estate, an individuals license must be activated under? CORRECT ANSWERS A desiganted broker
If the license is activated with the Arizona department of real estate, and not with a brokerage company, the license is considered? CORRECT ANSWERS Inactive
If a licensee does not take the 24 hours of continuing education classes within the two year period, they enter a period called? CORRECT ANSWERS Grace period
When a licensee is in the grace period, their license is considered CORRECT ANSWERS Inactive and expired