Arizona License LawIntermediateArizona Exam
An Arizona real estate licensee who wishes to operate as an independent contractor for their broker must:
AObtain a separate independent contractor license from ADRE
BHave a written independent contractor agreement with the broker that meets IRS and state requirementsCorrect
CApply for an associate broker license first
DObtain the consent of every client before performing services
Why Have a written independent contractor agreement with the broker that meets IRS and state requirements Is Correct
Answer B: Have a written independent contractor agreement with the broker that meets IRS and state requirements
A salesperson or associate broker operating as an independent contractor for their designated broker must have a written independent contractor agreement that complies with IRS criteria and Arizona law — they still must hold their license under the broker.
Key Arizona License Law Terms in This Question
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
State-Specific Concepts
Broker SupervisionDRE Regulation
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