ADRE LAW BOOK 2025

TABLE OF CONTENTS

SECTIONS IMPACTED BY ARIZONA SESSION LAWS, 2024

1

Arizona Real Estate Laws

10 10 10 10 12 12 12 20

CONSTITUTION OF THE STATE OF ARIZONA

Article 26.

§ Section 1. Powers of real estate broker or salesman TITLE 32, CHAPTER 20 - REAL ESTATE

Article 1 - Real Estate Department

32-2101. Definitions

32-2102. Administration of chapter by real estate department; purpose 32-2103. Placement of monies collected; revision of fees 20 32-2104. Real estate advisory board; members; terms; qualifications; compensation; chairman; duties 20 32-2105. Meetings of the state real estate advisory board 21 32-2106. Real estate commissioner; appointment; qualifications 21 32-2107. Powers and duties of commissioner; compensation; administration of department; seal; revolving fund 21 32-2107.01. Recorded disclaimer of unlawful restrictions 22 32-2108. Powers and duties of commissioner to make investigations and require information 22 32-2108.01. License applicants; fingerprint clearance cards; definition 23 32-2109. Employment; compensation 24 32-2110. Interest of department officer or employee in real estate company prohibited 24 32-2111. Attorney general as legal adviser and representative of commissioner 24 32-2112. Admissibility of certified copies of department records in evidence 24 32-2113. Recorded disclosure for territory in the vicinity of a military airport or ancillary military facility 24 32-2114. Recorded disclosure for land under a military training route or restricted air space 25 32-2114.01. Military electronics range 25 32-2115. Department’s website; military training route map; restricted air space map; military electronics range map 26 32-2116. Military training routes; contacts 26 32-2117. Earth fissure maps; posting; immunity 26 32-2118. Competition with private enterprise; prohibition 27 32-2119. Consumer education; water supply definitions; map 27 Article 2 - Licensing 28 32-2121. Applicability of article; exemption 28 32-2122. License required of brokers and salespersons 30 32-2123. Application for license as broker or salesperson 31 32-2124. Qualifications of licensees 31 32-2125. Licenses for corporations, limited liability companies or partnerships 35 32-2125.01. Issuance of license; multiple licenses; use 36 32-2125.02. Nonresident licensees; service of process; employment 36 32-2125.03. Confidentiality of licensee’s residential address, electronic mail address, residential telephone number and social security number 37 32-2126. Place of business required; notice of change in location; failure to give notice as cancellation of li cense; signs 37 32-2127. Licenses for additional places of business; branch office manager; broker’s temporary absence 38 32-2128. Display and possession of license certificate 38 32-2129. Advance payment of license fees 39 32-2130. Renewal of licenses; education requirements; broker licensee renewal as salesperson licensee 39 32-2131. Reinstatement of license 40 32-2132. Fees 42