In Arizona, forms used by licensees are formatted similarly, making it easy to practice in communities where licensees have the opportunity to write a residential property contract one day and a vacant land contract or a commercial contract the next. The formatting of the forms assists licensees in transitioning quickly from one type of transaction to another when dealing with different types of properties. Whether you use forms produced by the Arizona Association of REALTORS® or other standard forms, contract law concepts prevail. This class will stress general concepts without giving up certain specificity required by specialists in both residential and vacant land.
This course counts as 3 mandatory hours in Contract Law in Arizona.