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Practice Of Real EstateLicense LawHARD

During an Arizona file audit in Coconino County, Under current Arizona rules, which statement best describes acting for both parties without consent?

Correct Answer

A) acting for more than one party without the required informed written consent is disciplinary conduct in Arizona

Under A.R.S. § 32-2153; A.A.C. R4-28-1101(F), acting for more than one party without the required informed written consent is disciplinary conduct in Arizona.

Answer Options
A
acting for more than one party without the required informed written consent is disciplinary conduct in Arizona
B
consent is needed only after close of escrow under current Arizona law
C
only salespersons need written consent and brokers do not
D
oral disclosure is always enough when the broker means well

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Related Topics & Key Terms

Key Terms:

arizona_specificdisciplinedual_agency_consentdisciplinary_processadre_commissioner_and_licensing

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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