2025.03 - Guidance for Real Estate Teams

This Substantive Policy Statement (SPS) is to inform the real estate industry of the relevant statutes and rules that govern real estate licensees and are applicable to real estate “Teams”. Although not officially recognized entities in Arizona real estate law, Teams are impacted through statutes and rules that address activities within a real estate brokerage.

Effective Date: Established March 11, 2020; Revised on September 28, 2022 to reflect Amendments made in Ariz. Laws Ch. 126 § 3 (2022), Revised on February 7, 2025