Arizona Administrative Code
Title 4 - PROFESSIONS AND OCCUPATIONS
Chapter 46 - DEPARTMENT OF INSURANCE AND FINANCIAL INSTITUTIONS DIVISION, REAL ESTATE APPRAISAL
Article 5 - COURSE APPROVAL
Section R4-46-508 - Compliance Audit of Approved Courses

Universal Citation: AZ Admin Code R 4-46-508

Current through Register Vol. 30, No. 38, September 20, 2024

A. To improve the quality of education available to appraisers in this state, the Department may regularly audit approved courses for compliance with this Chapter.

B. The Director shall identify approved courses for audit using the following to establish the priority of audits:

1. Approved courses about which a complaint has been received,

2. Approved courses of a course owner that is new to this state, and

3. Approved courses that have not been audited in the last five years.

C. On request from the Director, the course owner of an approved course shall provide the dates, times, and locations at which the approved course will be taught and the name of the instructor who will teach each presentation of the approved course.

D. The audit of an approved course may be conducted by a volunteer auditor trained by the Department.

E. The course owner of an approved course shall allow an auditor described under subsection (D) to attend the approved course at no charge.

F. The auditor shall be identified to the instructor before the approved course starts.

G. On request from the auditor, the course owner shall allow the auditor to examine records, materials, and other documents relevant to the approved course audited.

H. After review by the Director, the Department shall provide a copy of the audit report to the course owner. If the audit identifies ways in which the approved course fails to comply with this Article, the Department shall:

1. Work with the course owner to establish a correction plan to bring the course into compliance,

2. Establish a time within which the course owner is required to complete the correction plan and bring the course into compliance, and

3. Inform the course owner of the manner in which to report the approved course is in compliance with this Article.

I. Failure of a course owner to comply with this Article may lead to revocation of course approval.

Disclaimer: These regulations may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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