Arizona License Law
How many continuing education hours must an Arizona licensee complete each 2-year renewal period?
A12 hours
B18 hours
C24 hours✓ Correct
D30 hours
Explanation
Arizona requires 24 hours of CE per 2-year renewal period, which must include specific courses on contract writing, agency, disclosure, and fair housing.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
State-Specific Concepts
Continuing Education
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