Arizona License Law
In Arizona, a licensee acting as a principal (buying or selling their own property) must:
ASurrender their license while in the transaction
BDisclose their licensed status to the other party✓ Correct
CHave another licensee represent them
DObtain special ADRE approval
Explanation
When an Arizona licensee buys, sells, or leases property in which they have an interest, they must disclose their licensed status to the other party in writing.
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