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AZ SB1219

Bill

Status

Passed

4/26/2010

Primary Sponsor

Barbara Leff

Click for details

Origin

Senate

Forty-ninth Legislature - Second Regular Session (2010)

AI Summary

SB 1219 - Real Estate Licensure and Fingerprinting Requirements

  • Adds "business broker" to real estate definitions and allows real estate brokers to act as business brokers where real property sale or lease is part of the transaction.

  • Requires real estate license applicants to obtain valid fingerprint clearance cards issued under section 41-1758.03 instead of submitting fingerprints directly to the department.

  • Changes renewal license periods from four years back to two years and modifies continuing education requirements to 24 credit hours per 24-month licensure period.

  • Allows active licensees to voluntarily surrender their license if not under investigation or disciplinary proceeding, and prevents the department from reissuing a license after acceptance of voluntary surrender.

  • Adds state real estate department to agencies subject to fingerprint clearance card requirements under sections 41-619.51 and 41-1758.

Legislative Description

Real estate licensees

Last Action

Governor Signed

4/26/2010

Full Bill Text

No bill text available