Arizona License LawIntermediateArizona Exam
In Arizona, a broker who is found to have knowingly participated in a fraudulent transaction faces:
AOnly civil liability to the harmed party
BLicense revocation or suspension, civil liability, and possible criminal prosecutionCorrect
COnly an ethics complaint with the Arizona Association of Realtors
DA fine not to exceed $500
Why License revocation or suspension, civil liability, and possible criminal prosecution Is Correct
Answer B: License revocation or suspension, civil liability, and possible criminal prosecution
Knowing participation in fraud can result in the most severe consequences: ADRE license revocation or suspension, civil liability for damages, and criminal prosecution for fraud-related offenses.
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