2005 Arizona Revised Statutes - Revised Statutes §32-2136  Broker management clinic

A. The department shall determine the instructor qualifications for teaching broker management clinics and the course content of broker management clinics for persons required to attend these clinics pursuant to subsection C of this section.

B. A broker management clinic shall include instruction on department audits and on the obligations and responsibilities of designated brokers. A broker management clinic shall address record keeping requirements, trust fund accounts, advertising and promotions, listing agreements, contracts, fiduciary duties, material disclosures, department investigations and employee supervision and broker responsibilities. A broker management clinic may be designed to address property management activities or sales activities, or both.

C. An applicant for an original real estate broker's license shall attend a broker management clinic before activating the license. A broker shall attend a broker management clinic before becoming a designated broker, unless the broker has attended a broker management clinic during the preceding twenty-three months. All active designated real estate brokers shall attend a broker management clinic once during every two year licensing period after their initial attendance.

D. Attendance at a broker management clinic constitutes three clock-hours of real estate oriented education pursuant to section 32-2130, subsection A.