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ARIZONA HOUSE OF REPRESENTATIVESFifty-fourth Legislature Second Regular Session |
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HB 2351: real estate; employee; rent collection
Sponsor: Representative Toma, LD 22
Committee on Regulatory Affairs
Overview
Allows an unlicensed employee to collect rent on behalf of a real estate broker, cemetery broker or membership camping broker (Broker).
History
Statute defines real estate broker as a person, other than a sales person, who, for another and for compensation conducts transactions in real estate, businesses and business opportunities or time share interests. This includes sales, exchanges, purchases, renting, leasing, negotiations, listing, auctions, offers and collecting or attempting to collect rent for the use of real estate (A.R.S. § 32-2101).
It is unlawful for any person, corporation, partnership or limited liability company to engage in the activities listed above without first obtaining the appropriate license (A.R.S. § 32-2122).
Any act for compensation, that is included in the definition of a Broker constitutes the person attempting to perform the act of that Broker or the corresponding salesperson. (A.R.S. § 32-2122).
Provisions
1.
Authorizes a person who is not a Broker
but works for a Broker, to collect rent for the use of real estate as part of a
person's clerical duties. (sec. 1, 2)
2. Makes technical changes. (sec. 1, 2)
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Initials JR/LB Regulatory Affairs
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