Arizona License Law
An Arizona real estate brokerage that wants to offer property management services must ensure that its:
AAgents are separately certified in property management by NAR
BDesignated broker or an associate broker supervises property management activities and holds the required licenses✓ Correct
CProperty management is handled by a separate corporate entity
DClients sign a special ADRE-approved property management disclosure form
Explanation
Property management activities (for compensation) in Arizona require a real estate license, and the designated broker (or associate broker) must supervise these activities as part of the brokerage's overall licensed operations.
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