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