ARIZONA HOUSE OF REPRESENTATIVES

57th Legislature, 2nd Regular Session

Majority Research Staff

House: COM DPA 11-0-0-0

HB 2877: timeshare salespersons; licensure

Sponsor: Representative Weninger, LD 13

Caucus & COW

Overview

Establishes requirements and qualifications for a timeshare salesperson license.

History

The Arizona Department of Real Estate (ADRE) protects the public interest through licensure and regulation of the real estate profession in Arizona. ADRE, under direction of the Real Estate Commissioner (Commissioner), is responsible for: 1) licensing and regulating real estate, cemetery and membership camping salespersons and brokers; 2) investigating complaints from the public and licensees regarding real estate transactions; 3) ensuring enforcement of real estate statutes and rules; 4) providing proper educational material to guide and assist the public and licensees; 5) issues public reports for timeshares, subdivisions and unsubdivided land; and 6) inspects brokers’ records and transactions to ensure compliance with statutory requirements.

In order to qualify for a real estate license, the applicant must show satisfactory evidence that the applicant: 1) has not had a real estate license denied within one year, or revoked within two years immediately preceding the application; 2) is at least 18 years of age; 3) has completed a real estate salesperson's course that is at least 90 classroom hours; and 4) provides certification of completing 6 hours of instruction in real estate contract law and contract writing. (A.R.S. § 32-2124).

Provisions

1. Allows the Commissioner to adopt rules specifying the requirements of examination preparation courses for timeshare salesperson license applicants. (Sec. 3)

2. Limits the preparation course and timeshare examination to specific real estate laws, regulations and business practices and ethics that are directly related to the sale of timeshare interests. (Sec. 3)

3. Instructs the Commissioner to ascertain that a timeshare salesperson license applicant meets outlined qualifications. (Sec. 3)

4. Exempts a timeshare salesperson renewal applicant from submitting to an examination provided the application is made within 12 months after the license expires and the license has not been canceled, terminated or suspended. (Sec. 3)

5. Allows a real estate broker or salesperson to engage in timeshare sales activities without being separately licensed. (Sec. 4)

6. Clarifies it is unlawful for a person to act as a real estate broker or salesperson, timeshare salesperson, cemetery broker or salesperson or membership camping broker or salesperson while the licensee's license is expired. (Sec. 5)

7. Allows the Commissioner to issue a onetime 30-day certificate of convenience to a person who has applied and qualifies for a timeshare salesperson's license without examination. (Sec. 6)

8. Instructs an employing timeshare plan developer's designated broker to certify that the timeshare salesperson applicant will be trained in applicable timeshare and contract laws before participating in any offer or sale. (Sec. 6)

9. Applies statutory grounds for denial, suspension or revocation of a license to a timeshare salesperson applicant. (Sec. 7)

10. Defines timeshare salesperson as a natural person who acts under the supervision of a licensed real estate broker to sell or exchange timeshare properties on behalf of a timeshare plan developer or other person. (Sec. 1)

11. Makes conforming changes. (Sec. 2, 4)

12. Contains a legislative intent clause. (Sec. 8)

13. Contains a delayed effective date of July 1, 2027. (Sec. 9)

Amendments

Committee on Commerce

1. Makes clarifying changes.

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5. Initials PB HB 2877

6. 1/28/2026 Page 0 Caucus & COW

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