REFERENCE TITLE: real estate licensing; exception; assistants
State of Arizona
House of Representatives
First Regular Session
amending section 32‑2122, Arizona Revised Statutes; relating to real estate licensing.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 32-2122, Arizona Revised Statutes, is amended to read:
32-2122. License required of brokers and salespersons; assistant exception
A. This article applies to any person acting in the capacity of a:
1. Real estate broker.
2. Real estate salesperson.
3. Cemetery broker.
4. Cemetery salesperson.
5. Membership camping broker.
6. Membership camping salesperson.
B. It shall be is unlawful for any person, corporation, partnership or limited liability company to engage in any business, occupation or activity listed in subsection A of this section without first obtaining a license as prescribed in this chapter and otherwise complying with the provisions of this chapter.
C. A person, corporation, partnership or limited liability company that is licensed as a salesperson or broker pursuant to this article or that is engaging in any work for which a license is required under this article is subject to the requirements of this chapter in the performance of any acts included in the definition of a broker unless otherwise provided in this chapter.
D. Any act, in consideration or expectation of compensation, which that is included in the definition of a real estate, cemetery or membership camping broker, whether the act is an incidental part of a transaction or the entire transaction, constitutes the person offering or attempting to perform the act of a real estate broker or real estate salesperson, a cemetery broker or cemetery salesperson or a membership camping broker or a membership camping salesperson within the meaning of this chapter.
E. This article does not apply to an individual who is hired by a licensee as an assistant, transaction coordinator or other administrator if the individual is not engaging in any activity for which a license is required under this article.