If an Arizona salesperson's license has expired, can she still receive compensation for past transactions?

The correct answer indicates that a salesperson can receive compensation for past transactions as long as her license was active during those transactions. This principle is based on the regulation that existing agreements or transactions completed while a license was valid are still enforceable and entitled to payment, irrespective of the current status of the license.

In Arizona, if a salesperson performed a transaction while licensed, the compensation for that transaction remains valid even after the license expires. This means that as long as she acted legally in her capacity as a licensed salesperson at the time of the transaction, she is entitled to her commission.

Understanding this nuance is vital for salespeople as it allows them to ensure they get compensated for their work, while also highlighting the importance of maintaining an active license for future work.