Arizona License LawIntermediateArizona Exam
ADRE enforcement investigations may be initiated by:
AOnly a written, notarized complaint submitted directly by an injured member of the public
BA written complaint from the public, a referral from another agency, or ADRE's own initiativeCorrect
COnly referrals from the Arizona Attorney General's office
DOnly complaints filed by a licensed broker on behalf of a client who suffered financial loss
Why A written complaint from the public, a referral from another agency, or ADRE's own initiative Is Correct
Answer B: A written complaint from the public, a referral from another agency, or ADRE's own initiative
ADRE may open an investigation based on a written complaint from the public, a referral from another regulatory agency, or on its own initiative when the Department has reason to believe a violation has occurred.
Key Arizona License Law Terms in This Question
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
State-Specific Concepts
DRE Regulation
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