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Broker Management Clinic 1: Statutes and Rules (Contracts)

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
State Requirements

No two contracts are ever the same. That’s why you can’t let your guard down when you’re completing or reviewing one. Even a minor error can send a transaction sideways. Luckily, there are some simple steps you can take to reduce your risk and protect your licensees, clients, and customers.

First, stay sharp on the basics. It’s easy to think that if you’ve reviewed one contract, you’ve reviewed a million, but complacency is dangerous in business where everything is constantly changing. Second, expect the unexpected. You never know when one of your licensees is going to knock on your door with a sticky situation she doesn’t know how to handle. And third, create and maintain a policies and procedures manual to help ensure your licensees always know what’s expected of them.

Broker Management Clinic 1: Statutes and Rules (Contracts) addresses all three of these areas so that you’ll be ready for whatever comes your way.

This three-hour course meets the Arizona’s statutory requirements for one of the three Broker Management Clinics for designated brokers and delegated associate brokers.

Course highlights include:

  • Supervisory responsibilities of Arizona brokers
  • Contract requirements for listing agreements and buyer-broker agreements
  • Reasons for agreement cancellations
  • Purchase agreement overview
  • Contract termination after ratification
  • Record retention requirements
  • Common disclosures and addenda
  • Contracts and ADRE transactional offenses
  • Policies and procedures manual best practices to address contractual issues
  • Risks associated with buyer love letters
  • Activities and scenarios to reinforce key concepts

Package Content:

State Requirements For Arizona

Renewal Date: Every two years on the last day of the month in which the license was originally issued.

Hours Required by the State: 30 hours

The CE Shop’s Offering: 30 hours

Provider Approval Number: S21-0001

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account. 

Certificates: Immediately upon real estate course completion, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with at least an 80% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Student Verification: ALL students are subject to random verification audits to prove student identity throughout each course.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 9 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Arizona Department of Real Estate

Street Address: 100 N. 15th Ave., Suite 201 Phoenix, AZ 85007

Telephone: (602) 771-7700

License Renewal Website

License Lookup Website

Contact AZ Dept. of Real Estate