COMPLETE QUESTIONS AND VERIFIED
SOLUTIONS
◉ In Arizona, a real estate license will expire: Answer: 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: Answer:
Be active in real estate for 3 of the past 5 years
◉ The purpose of licensing laws Answer: To prevent fraud and
dishonest acts
◉ In AZ the only requirement to take real estate classes is Answer:
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? Answer: 10
years
◉ After passing the state exam, how much time do you have in order
to activate your license? Answer: 1 year
, ◉ How many hours of continuing education classes are required in
order to renew your real estate license? Answer: 24 hours
◉ How often is the real estate license renewed? Answer: Every 2
years
◉ If a license was activated on March 14, 2014, when does the
license expire? Answer: 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? Answer: 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?
Answer: Inactive
◉ If a licensee does not take the 24 hours of continuing education
classes within the two year period, they enter a period called?
Answer: Grace period
◉ When a licensee is in the grace period, their license is considered
Answer: Inactive and expired