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Current as of January 01, 2025 | Updated by Findlaw Staff
A. The real estate advisory board is established composed of ten members who are appointed by the governor. The term of office of each member is six years, and the terms of three members expire on January 31 of each odd-numbered year. Appointment to fill a vacancy occurring other than by expiration of term shall be filled by appointment for the unexpired portion of the term only.
B. The membership of the board shall consist of:
1. Two members, each of whom is a real estate broker or real estate salesperson with at least five years of residential brokerage experience in this state. Not more than one member shall be appointed from any one county.
2. One member who has been engaged in a commercial real estate brokerage for the five years immediately preceding appointment.
3. One member who has been engaged in multifamily residential rental property management with a real estate broker license for the five years immediately preceding appointment.
4. One member who has been engaged in timeshare, campground or cemetery sales for the five years immediately preceding appointment.
5. One member who has been primarily engaged in subdividing real property for the five years immediately preceding appointment.
6. One member who has been an active school administrator or approved instructor for the five years immediately preceding appointment.
7. Three public members who are not related within the third degree of consanguinity or affinity to any person holding a broker's or salesperson's license from this state.
C. Members of the board shall receive no compensation but shall be reimbursed for subsistence expenses pursuant to § 38-624 and travel expenses pursuant to § 38-623.
D. The board annually shall select from its membership a chairperson for the board.
E. The board shall provide the commissioner with such recommendations as it deems necessary and beneficial to the best interests of the public. The board shall also provide recommendations on specific questions or proposals as the board deems necessary or as requested by the commissioner.
F. The board annually shall present to the governor an evaluation of the performance of the real estate commissioner and the real estate department.
G. Not more than five members of the board from any one county may serve concurrently.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 32. Professions and Occupations § 32-2104. Real estate advisory board; members; terms; qualifications; compensation; chairperson; duties; annual evaluation - last updated January 01, 2025 | https://codes.findlaw.com/az/title-32-professions-and-occupations/az-rev-st-sect-32-2104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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