AZ SB1213

Increases the real estate advisory board from nine to ten members appointed by the governor, each serving six-year terms with three members' terms expiring every odd-numbered year.

Adds one new multifamily residential rental property management specialist position to the board, requiring that person to hold a real estate broker license and have five years of experience in that field.

Modifies the residential real estate brokerage member requirement from two members to three members total, with two engaged in residential brokerage and one in multifamily rental property management.

Maintains existing provisions for public members, subdividing members, compensation, chairperson selection, and the board's duty to provide recommendations to the real estate commissioner and annual performance evaluations.