Arizona License LawIntermediateArizona Exam

Under Arizona law, a salesperson may accept a listing under which circumstance?

AIf the salesperson has more than 3 years of experience
BNever — only a licensed broker may enter into listing agreementsCorrect
CIf the seller signs a limited agency disclosure
DIf the salesperson holds an active broker license in another state

Why Never — only a licensed broker may enter into listing agreements Is Correct

Answer B: Never — only a licensed broker may enter into listing agreements

In Arizona, only a licensed broker may enter into a listing agreement. A salesperson acts under the supervision of the broker and may not independently execute listing agreements or employment contracts with the public.

Key Arizona License Law Terms in This Question

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