Short_Title: Payment of Commission to Salesperson After License Expiration
or Transfer of Employment
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: When a real estate licensee has rightfully earned a commission while in the employ of a broker, and in accordance with their agreement, that broker shall pay the licensee, even though the licensee may have left the employ of that broker.
The same finding applies to similar circumstances for an associate broker.
Authority: A.R.S. § 32-2155
Policy_Program: Enforcement
Effective_Date: 6/18/99; Revised & Renumbered 5/28/04; Renumbered 4/01/05.