Arizona License Law
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 entity✓ Correct
CA broker appointed to handle only commercial transactions
DAn ADRE-appointed administrator for a brokerage under investigation
Explanation
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.
Related Arizona Arizona License Law Questions
- An Arizona broker's trust account must be reconciled:
- Under Arizona law, how many continuing education hours must a salesperson complete to renew a license?
- Which of the following is a disciplinary action the ADRE Commissioner can impose on a licensee?
- How many continuing education hours must an Arizona licensee complete each 2-year renewal period?
- What is the purpose of the Arizona Real Estate Recovery Fund?
- An Arizona broker who changes their designated broker status must notify ADRE within:
- Which state agency is responsible for regulating real estate licensees in Arizona?
- An associate broker in Arizona differs from a designated broker primarily because the associate broker:
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