Opening a Real Estate Entity in Arizona

The list below is all of the steps and documents you will be required to submit when you are ready to apply for a real estate entity/brokerage license. 

1) Complete and submit the Entity Name Reservation Request Form.
 
Submit Name Reservation Here

*This can be done before or after setting up an LLC or corporation with the Arizona Corporation Commission, however it is recommended to submit the Entity Name Reservation Request first to ensure that the name will not be too similar or otherwise conflict with any existing licensed entity.

2) Complete and submit the Entity/Employing Broker License Application/Change Form and the following required items, as applicable.

• Copy of Articles of Organization, Articles of Incorporation, Articles of Amendment, or Partnership Agreement as applicable
  • Note that if the entity is an LLC, the Designated Broker must be listed in the Articles as a Member or Manager, depending on how the LLC is controlled;
• Resolution to appoint the incoming Broker as Designated Broker of the entity, signed by all officers/members/managers of the entity
• List of names and addresses of all officers, directors, shareholders, members, managers, or partners who hold a 10% or more interest in the company/corporation/partnership
• A completed Disciplinary Action Disclosure Form for all officers, directors, shareholders, members, managers, or partners who hold a 10% or more interest in the company/corporation/partnership
  • If an applicant answers yes on any of these questions, they will also need to provide the applicable documents from the Disclosure Document Checklist.
• Copies of Broker Management Clinic Certificates reflecting completion of BMC #1, BMC #2, BMC #3A or BMC #3B
  • Most Brokers will complete BMC #3A unless they will be conducting property management activity, which requires completion of BMC #3B instead.
• Notification of Storage and Electronic Management Systems Form, if applicable
  • If records will be stored off-site or electronically, this form is required.
• If utilizing Trust Accounts, a copy of each trust account signature card is required.

Submit the complete package as one PDF through the Message Center.