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Practice Of Real EstateLicense LawMEDIUM

During an Arizona file audit in Navajo County, a classmate says cease-and-desist orders and summary suspensions are the same remedy and work the same way. What is the best answer under current Arizona law or current Arizona form practice?

Correct Answer

B) 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.

Answer Options
A
both remedies are issued only by a county superior court in that Arizona transaction
B
a cease-and-desist order and a summary suspension are different enforcement tools with different purposes and procedures
C
neither remedy can be used before a license is permanently revoked
D
both are available only against real estate schools under current Arizona law

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Related Topics & Key Terms

Key Terms:

arizona_specificdisciplinecease_and_desistsummary_suspensiondisciplinary_processadre_commissioner_and_licensing

Related Concepts

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

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