Arizona License LawIntermediateArizona Exam
A 'designated broker' in Arizona is:
AA broker who specializes in one geographic area
BThe licensed broker who is responsible for the supervision of all licensees at a real estate entityCorrect
CA broker appointed to handle only commercial transactions
DAn ADRE-appointed administrator for a brokerage under investigation
Why The licensed broker who is responsible for the supervision of all licensees at a real estate entity Is Correct
Answer B: The licensed broker who is responsible for the supervision of all licensees at a real estate entity
The designated broker is the individual broker licensed with ADRE who has the legal responsibility for supervising all licensees affiliated with the brokerage entity and ensuring compliance with Arizona real estate law.
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State-Specific Concepts
Broker SupervisionDRE Regulation
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