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Current as of March 08, 2022 | Updated by FindLaw Staff
A. In addition to any other fees, payments shall be made to the real estate recovery fund on application by any person, as follows:
1. For an original real estate or cemetery broker's license, twenty dollars.
2. For an original real estate or cemetery salesperson's license, ten dollars.
B. If, on June 30 of any year, the balance remaining in the real estate recovery fund is less than six hundred thousand dollars, every broker when renewing a real estate or cemetery license during the following license year shall pay, in addition to the license renewal fee, a fee of twenty dollars for deposit in the real estate recovery fund, and every salesperson when renewing a real estate or cemetery license during such year shall pay, in addition to the license renewal fee, a fee of ten dollars for deposit in the real estate recovery fund.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 32. Professions and Occupations § 32-2187. Payments to real estate recovery fund - last updated March 08, 2022 | https://codes.findlaw.com/az/title-32-professions-and-occupations/az-rev-st-sect-32-2187/
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