AZ 1 Flashcards
1
Q
Gives licensees the authority to prepare all types of real estate contracts
A
Article 26 of the AZ constitution
2
Q
Requires real estate contracts to be in writing to be enforceable
A
Statute of frauds
3
Q
Not law but have to force and effect of law on licensees
A
Commissioners rules
4
Q
The commissioners duties
A
Promulgate
Audit
Manage
Investigate
5
Q
The commissioner may issue a ……………to someone found violating any act, practice or transaction
A
Cease and desist order
