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During an Arizona file audit in Pinal County, Which statement about subpoena power is correct in Arizona?

Correct Answer

A) the commissioner may subpoena witnesses and documents and examine books and records relevant to the investigation

Under A.R.S. § 32-2108; ADRE enforcement materials, the commissioner may subpoena witnesses and documents and examine books and records relevant to the investigation.

Answer Options
A
the commissioner may subpoena witnesses and documents and examine books and records relevant to the investigation
B
the commissioner may demand records only from buyers and sellers, not licensees
C
the commissioner may inspect trust-account records only after license revocation
D
the commissioner must rely only on voluntary cooperation and cannot compel records

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Related Topics & Key Terms

Key Terms:

arizona_specificsubpoenarecordsauditcommissioner_powersadre_commissioner_and_licensing

Related Concepts

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.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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