AZ LAW BOOK

2. To request the course substitution, the licensee shall submit an email to education@azre.gov prior to initiating the license renewal application process that specifically states the licensee’s compliance with the criteria listed in 1 above. 3. The Education Division will approve or deny the requested replacement class and inform the licensee of the decision. If approved the licensee may proceed with the renewal process using the substitute course. Authority : A.R.S. § 32-2130(A), A.R.S. § 32-2130; A.A.C. R4-28-402 (A)(5), A.A.C. R4-28-402(B). Policy Program : Education This substantive policy statement is advisory only. A substantive policy statement does not include internal procedural documents that only affect the internal procedures of the agency and does not impose additional requirements or penalties on regulated parties or include confidential information or rules made in accordance with the Arizona Administrative Procedure Act. If you believe that this substantive policy statement does impose additional requirements or penalties on regulated parties you may petition the agency under ARS 41-1033 for a review of the statement. Description of Practice/Procedure: A licensee is a real estate professional with a fiduciary duty to his or her client to act in the client’s best interests as described in R4-28-1101(I). Reasonable care or competence may include recommending that a client seek professional or technical advice when the matter is beyond the expertise of the agent. Licensees are expected to take reasonable steps to assist their clients in confirming or verifying information under circumstances in which a reasonably prudent real estate professional has reason to question the accuracy of the information being provided in a transaction, or where the client has questioned the accuracy of the information. These considerations are intended to provide a reasonable standard for licensees to follow in complying with their duties and obligations under statute and rule. Authority : Commissioner’s Rule R4-28-1101 describes a licensee’s ‘‘professional duties’’ and A.R.S. § 32-2153(A)(3) and (22) identify violation of rules and negligence as grounds for disciplinary action against a licensee. Policy Program : Enforcement Effective Date : Revised 6/1/2001; revised and renumbered 5/28/04, revised and renumbered 4/8/2005. No. 2005.12. Short Title: Continuing Education and the Residential Resale Purchase Contract (REPEALED effective January 27, 2011) No. 2005.11. Short Title: Subdivision Public Report Application Form, Changes This substantive policy statement is advisory only. A substantive policy statement does not include internal procedural documents that only affect the internal procedures of the agency and does not impose additional requirements or penalties on regulated parties or include confidential information or rules made in accordance with the Arizona Administrative Procedure Act. If you believe that this substantive policy statement does impose additional requirements or penalties on regulated parties you may petition the agency under ARS 41-1033 for a review of the statement. Description of Practice/Procedure: The Application for Subdivision Public Report may be updated on a quarterly basis to insure proper and full disclosure to prospective purchasers. This is subject to public health, safety, and welfare issues which may result in an immediate change to the subdivision application form. A. Prior to publication of the updated application form, a draft will be provided to stakeholders for review. Stakeholders will be provided no less than ten (10) business days to provide comment to the Department. Effective Date : August 9, 2005; Revised November 5, 2008 No. 2005.13. Short Title: Agent Responsibility to Client

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Law Book Revised 11.02.2017