During an Arizona file audit in Apache County, under current Arizona rules, each of the following statements about commissioner powers is generally accurate EXCEPT.
Correct Answer
D) the commissioner must wait until the person completes a sale and collects a commission
This is the exception. Under A.R.S. § 32-2154; A.R.S. § 32-2108; ADRE enforcement materials; A.R.S. §§ 32-2151, 32-2153; A.A.C. R4-28; A.R.S. Title 32, Chapter 20, Arizona does not treat the issue this way. Instead, the commissioner may issue a cease-and-desist order to stop conduct that violates Arizona real estate law and threatens the public interest.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
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