Arizona 2022 2022 Regular Session

Arizona House Bill HB2694 Comm Sub / Analysis

Filed 03/14/2022

                    Assigned to COM 	FOR COMMITTEE 
 
 
 
 
ARIZONA STATE SENATE 
Fifty-Fifth Legislature, Second Regular Session 
 
REVISED 
FACT SHEET FOR H.B. 2694 
 
department of real estate; fees 
Purpose 
Removes the minimum fee amounts prescribed for real estate licensure. 
Background 
The Arizona Department of Real Estate (ADRE) is established to protect the public interest 
through the licensure and regulation of real estate, cemetery and membership camping brokers and 
salespersons in Arizona (A.R.S. § 32-2102). ADRE oversees the business of licensees, land 
developers and real estate education institutions and monitors the sale of subdivisions, 
unsubdivided lands, timeshares, condominiums, membership campgrounds and cemeteries. ADRE 
participates in investigations and administrative hearings and administers the Homeowners 
Association Dispute Process (A.R.S. § 32-2199). 
Statute determines a range for fees associated with each real estate license, examination 
and renewal. The following are the statutorily prescribed minimum fees: 1) $15 for a salesperson's 
examination application, a salesperson's examination, a temporary broker's license, a temporary 
cemetery salesperson's license and a membership camping salesperson certificate of convenience; 
2) $35 for a broker's examination application, a broker's examination and a salesperson's license; 
3) $60 for a salesperson's renewal, a branch office broker's license and a branch office broker's 
renewal; 4) $75 for a broker's license; and 5) $100 for a broker's renewal. The State Real Estate 
Commissioner is responsible for determining fee amounts relating to schools and other educational 
institutions. A corporation, partnership or limited liability company is exempt from the fee for the 
issuance of a broker's license (A.R.S. § 32-2132). 
If the removal of minimum fees for real estate licensure results in a change of revenues, 
there may be a fiscal impact to the state General Fund associated with this legislation. 
Provisions 
1. Removes the $15 minimum fee for a salesperson's examination application, a salesperson's 
examination, a temporary broker's license, a temporary cemetery salesperson's license and a 
membership camping salesperson certificate of convenience. 
2. Removes the $35 minimum fee for a broker's examination application, a broker's examination 
and a salesperson's license. 
3. Removes the $60 minimum fee for a salesperson's renewal, a branch office broker's license 
and a branch office broker's renewal.  FACT SHEET – Revised  
H.B. 2694 
Page 2 
 
 
4. Removes the $75 minimum fee for a broker's license. 
5. Removes the $100 minimum fee for a broker's renewal. 
6. Makes technical changes.  
7. Becomes effective on the general effective date. 
Revisions 
• Corrects the fiscal impact statement. 
House Action 
COM 2/15/22 DP 10-0-0-0 
3
rd
 Read 2/23/22  59-0-1  
Prepared by Senate Research 
March 11, 2022 
JT/CY/sr