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Is the designated broker required to review all rental agreements?

The Designated Broker is not required to review and initial fully executed residential lease agreements. The designated broker or designee must sign all residential rental agreements, and therefore need not initial a review of them. (ARS 32-2173.A) The broker is required to review and initial executed non-residential lease agreements.

Persona: 
Auditing
FAQ Category: 
Property Management

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