Arizona License Law
An Arizona salesperson wants to invest in a property being listed by their brokerage. They must:
AWithdraw from the transaction to avoid any conflict
BDisclose their licensed status and interest to all parties and have the broker also disclose this to the seller✓ Correct
CObtain ADRE approval before investing
DNot invest in any property listed by their brokerage under any circumstances
Explanation
Arizona law requires licensees who are principals in a transaction to disclose their licensed status in writing. When a licensee buys a brokerage listing, the broker must also disclose the licensee's interest to the seller.
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