The proposed bill would amend existing statutes to establish a licensing framework specifically for timeshare salespersons in Arizona. Under the new provisions, a "timeshare salesperson" is defined as a natural person who operates under the supervision of a licensed real estate broker to sell or exchange timeshare properties. The bill introduces requirements for licensure, including the completion of examination preparation courses focused on real estate laws and business practices related to timeshare sales. It also allows the Commissioner to issue a one-time 30-day certificate of convenience for applicants who meet the necessary qualifications.

Additionally, the bill modifies current licensing regulations by allowing individuals already licensed as real estate brokers or salespersons to engage in timeshare sales without obtaining a separate license. It also stipulates that applicants for timeshare salesperson licenses must demonstrate knowledge of relevant laws and ethics, and it outlines the conditions under which license renewals can occur without re-examination. Overall, the bill aims to streamline the licensing process for timeshare sales while ensuring compliance with existing real estate regulations.

Statutes affected:
Introduced Version: 28-2351, 28-2403, 28-2470.40, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.39, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864
Senate Engrossed Version: 28-2351, 28-2403, 28-2470.40, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.39, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864
House Engrossed Version: 32-2101, 32-2122, 32-2124, 32-2125.01, 32-2130, 32-2134.02, 32-2153, 32-2126, 32-2125, 33-1202, 32-2155, 32-2121, 44-1801, 32-2194.27, 32-4302, 32-2104, 32-2151.01, 32-2123, 32-4301, 32-2131, 32-2110, 32-2132
Chaptered Version: 32-2101, 32-2122, 32-2124, 32-2125.01, 32-2130, 32-2134.02, 32-2153, 32-2126, 32-2125, 33-1202, 32-2155, 32-2121, 44-1801, 32-2194.27, 32-4302, 32-2104, 32-2151.01, 32-2123, 32-4301, 32-2131, 32-2110, 32-2132