Closing an Entity in Arizona
Sever all licensed employees with the brokerage through the Licensee Login.
Complete and submit the following documents to ADRE as a single merged PDF.
- Entity/Broker Status Change (Form LI-216)
- Signed and dated letter of resignation
- Broker Supervision and Control Audit Declaration Form, completed within 12 months of submitting for closure of an entity
The Designated Broker’s license will be placed in an inactive status. For further information, refer to professionals (Attorney, CPA, etc.) and/or Commissioner’s Advisory No.1 'Rights and Responsibilities when a Real Estate Firm Closes'
Review our frequently asked questions about the licensees process and more.VIEW THE FAQ