The proposed bill would amend current statutes related to real estate licensing in Arizona by establishing a new category for timeshare salespersons. Specifically, it would insert definitions and requirements for timeshare salespersons, including the necessity for licensure, examination preparation courses, and specific knowledge related to timeshare properties. The bill would also allow individuals licensed as real estate brokers or salespersons to engage in timeshare sales without needing a separate license, while also providing a mechanism for the Commissioner to issue a temporary certificate of convenience for new applicants.

Additionally, the bill would delete outdated language and make technical changes to ensure clarity and compliance with the new licensure framework. It aims to streamline the licensing process for timeshare salespersons while ensuring that all transactions are conducted under the supervision of a licensed real estate broker, thereby protecting public interests. The changes would take effect on July 1, 2027, allowing for a transition period for implementation.

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