Using the current Arizona SPDS, a student says Arizona law expressly requires the SPDS by statute in every resale and cites A.R.S. § 32-2156 for that proposition. Which response best states Arizona law?
Correct Answer
C) that statement is incorrect Arizona's general disclosure duties, current AAR SPDS practice are distinct from any stand-alone statutory SPDS mandate
Under A.R.S. § 32-2156; current AAR SPDS, that statement is incorrect because Arizona's general disclosure duties and the current AAR SPDS practice are distinct from any stand-alone statutory SPDS mandate.
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