In a licensing seminar in Prescott, a classmate says cease-and-desist orders and summary suspensions are the same remedy and work the same way. What should the parties assume under current Arizona rules?
Correct Answer
A) a cease-and-desist order and a summary suspension are different enforcement tools with different purposes and procedures
Under A.R.S. §§ 32-2154, 32-2157, a cease-and-desist order and a summary suspension are different enforcement tools with different purposes and procedures.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
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