Arizona Department of Real Estate
Bulletin
Volume 2017 • Issue 1

GOOD GOVERNMENT AWARD
The Arizona Department of Real Estate was given the “Good Government” award by
Governor Doug Ducey for demonstrating value to the industry and public we serve by
streamlining processes and delivering exceptional service.
The ADRE has achieved these results through the adoption of the Arizona Management
System (AMS). Click here to read more about how we are delivering services through AMS.
Judy Lowe
Commissioner
COMMISSIONER’S
CORNER

How have we delivered results to the real estate industry, its nearly 83,000 Arizona real estate
licensees, and to our investors the Arizona taxpayers?
TEAM WORK—Each team member is trained to “cross over” and help another team member
do their job.
ADVANCING OUR TECHNOLOGY PLATFORM— We now have over 78% of our
services online, or what we call “hybrid”. A new real estate licensee can complete their
education, pass the exam, and hire on with a brokerage the same day. 83% of the 600/month
new licensees apply online and 99% of the 2,800/month license renewals are done online.
SUCCESS STORIES INCLUDE
 New and renewal license applicants are approved in less than 1 day.
 Compliance audits of real estate brokerages are being completed 53% faster—from an
average of 94 days in 2015 to 44 average days.
 Investigations of public complaints are being initially determined 34% faster—from 58
average days to 38 average days.
 Website enhancements allow all real estate licensees and candidates to search and register
for continuing education and licensing requirements. Arizona constituents have the
ability and access to information on knowledgeable, licensed real estate professionals who
can help real estate investors. Buyers, sellers and businesses find the answers to their real
estate needs, while driving recovery for the Arizona real estate economy.
 Developers and builders, whose business is booming can now submit their public report
applications through an online portal reducing the timeframe for an expedited public report
from 6 average days to less than 3 average days, and for an amended public report from 8
average days to less than 5 average days. The result is that new homes can be delivered to
anxious buyers faster.
Governor Ducey has challenged each state agency to be the best in the nation. We are striving
each and every day to do just that. When I pulled the staff together to discuss how we have
accomplished efficiencies to get to where we are today, some of the answers were:





TEAM—Together Everyone Achieves More
Change is a good thing
Continue to set solid goals and work toward achieving them everyday
Achievement is contagious

Judy Lowe
Commissioner

INSIDE THIS ISSUE
COMMISSIONER’S CORNER

3

ADRE TRACES ORIGINS TO STATE LAND
DEPARTMENT

5

VETERAN FRIENDLY MORTGAGE LOAN
APPLICATION

5

ONLINE SYSTEM PASSWORD RESET—
STEPS YOU CAN TAKE

6

NORTH CAROLINA CLARIFIES VACATION
RENTAL BROKER DUTIES

6, 8

ADRE UPDATES SUBSTANTIVE POLICY
STATEMENT RELATING TO UNLICENSED
ASSISTANTS — SPS No. 2017.01

7

HOW TO INCLUDE TECHNOLOGY AND
SAFETY IN CONTINUING EDUCATION

7

FOLLOW ADRE ON TWITTER

7

SPREAD THE WORD… UPDATE YOUR
EMAIL

7

ADRE BY THE NUMBERS

8

BROKER REVIEW

9

EDUCATION STATS

9

EDUCATION ADVISORY COMMITTEE

10

VOLUNTEER MONITOR PROGRAM (VMP)

10

LOGGING ON TO THE ADRE ONLINE
LICENSE SYSTEM

11

EARNEST MONEY RECEIPTS—IS AN
EARNEST MONEY RECEIPT A REQUIRED
DOCUMENT FOR A TRANSACTION FILE?

11

COMMISSIONER LOWE APPOINTED AS
VICE-PRESIDENT OF DISTRICT 4
2017 ARELLO BOARD OF DIRECTORS

11

REFRESHER ON
TRANSACTION DOCUMENTS
NOTE: R4-28-802(C)

11

“STRANGE” NEVADA HOA “SUPERIOR
PRIORITY” LIEN NOTICE STATUTE
STRICKEN AS UNCONSTIUTIONAL

12

DEVELOPMENT INDUSTRY LUNCH AND
LEARN

13

NATIONAL DO NOT CALL REGISTRY

13

SOUTH CAROLINA TO REGULATE REAL
ESTATE TEAMS

14

REAL ESTATE, A NOBLE PROFESSION...

15

AUDIT CHECKLIST

16

BROKER AUDIT HONOR ROLL

17

DISCIPLINARY ACTIONS

21

UPDATED ADRE BROCHURES

27

Real Estate Bulletin

Page 2

Volume 2017 • Issue 1

COMMISSIONER’S CORNER

Commissioner Lowe speaking to Real Living at Bill Ashker’s office.

Commissioner Lowe accepting the Good
Government Award from Governor Ducey and
Chief Operating Officer Henry Darwin.

Juan Garcin, Commissioner Lowe, and Sidney Rosen at
AMC Real Estate Committee in Scottsdale, Arizona.

ADRE staff
donations to
St. Mary’s Food
Bank.
Thanks TEAM!!
A packed room at the AMC Real Estate
Committee in Scottsdale, Arizona.

The Government Transformation Office, Dept. of
Environmental Quality, Dept. of Real Estate, and Dept.
of Transportation presented at the Digital Government
Summit in Phoenix to share their journeys through
adopting the Arizona Management System, and the
efficiencies delivered to Arizona customers.
Real Estate Bulletin

Page 3

Volume 2017 • Issue 1

COMMISSIONER’S CORNER

Commissioner Lowe with the National
Association of Residential Property Managers®
after guest speaking.

ADRE attended the TAR Expo and provided
brochures and information to attendees.

ADRE’s Wear Purple Day in recognition and support
of the Governor’s initiative to educate Arizonans on
Domestic Violence Awareness Month.

Commissioner Lowe and ICRESON Director Rafael
Gastelum opening the Foreign Investment Office at
the Arizona Mexico Commission Annual Meeting in
Hermosillo, Mexico.

Commissioner Lowe sat down with Mark
Weinstein at KTAR on “It’s Business Time”.
AAR 2017 President Paula Monthofer and Cindy Scott
met at ADRE to discuss ways all real estate professionals
can enhance their own personal safety.
Real Estate Bulletin

Page 4

Volume 2017 • Issue 1

ADRE TRACES ORIGINS TO
STATE LAND DEPARTMENT
By Curt Leaf
In 1912 when Arizona became a state, real estate
matters were handled by the State Land Department
with the head of the Land Department also serving as
the real estate “Commissioner”. In 1947, House Bill
40 was passed creating the first Real Estate Board.
The Board consisted of five licensees from around
the State. O.C. Williams, the State Real Estate
Commissioner, was the ex-officio member and
chairman of the board. W.M. Cox, the Deputy Real
Estate Commissioner, was also a member. The board
held its first meeting on September 26, 1947. It
appears a separate division within the State Land
Department was formed to regulate the real estate
industry.
In December 1947, the Board decided to end daily
real estate license examinations and hold them twice
a month, once in Phoenix on the second Tuesday of
each month and once in Tucson on the fourth
Tuesday of each month. Applicants were required to
attend a “review course” offered each Monday
preceding the examination “for special schooling and
instructions.” These classes were taught by Cavett
Robert who was later to play a role in the
development of the Department.
The Board decided to publish the first Real Estate
primer at the December 1947 meeting. The minutes
of the meeting state, “With the new application forms
will be provided a primer or Book of Instructions
which, when carefully studied will prepare the
applicant for the new program of instruction and
examination.
This new procedure is an educational program
designated to eliminate the majority of complaints,
due to infractions of the law. “Investigations have
shown the 95 percent of the errors in real estate
practice are due to a lack of information or ignorance
of the law. It is believed that the new procedure will
eliminate the major portions of such violations.”
Another outcome of that meeting was the
establishment of a Tucson branch office. In a July
24th 1948 meeting, O.C. Williams announced that
Harry Ransom of Tucson had been appointed as the
new deputy for the Tucson area.
At an October 8, 1948 meeting, James H. Hearon and
Cavett Robert explained the provisions of the bill
which the Board planned to submit to the next
regular session of the Legislature. The bill provided
Real Estate Bulletin

for a nine-member board and the Real Estate Department.
During a March 31, 1949 meeting, O.C. Williams said that his
responsibilities as State Land Commissioner had increased to
the extent that he could no longer actively supervise the Real
Estate Department and that he was turning it over to Deputy
Commissioner W.M. Cox. Although stricken from the record,
these minutes record the first reference to J. Fred Talley as a
special investigator.
It appears that when the board met on April 19, 1950, the
Department was an independent agency. At this meeting, the
Board appointed W.M. Cox as Real Estate Commissioner. His
salary was $5,400 per year.

VETERAN FRIENDLY
MORTGAGE LOAN APPLICATION
Contributed by G-II Varrato II, Arizona State Director &
Phoenix Chapter Director Government Affairs VAREP
As the Arizona State Director for VAREP I am very proud to
announce that the new, and improved and veteran friendly,
Fannie Mae Form 1003, (Uniform Residential Loan Application
‘URLA’) will soon be released for use nationwide to all real
estate mortgage lenders.
Since the creation of the VA Loan, way back in 1944 when the
G.I. Bill of Rights was signed into law by President Franklin D.
Roosevelt, lenders have never been required to ask the applicant
if he or she is a veteran. The sad reality of this missing loan
application component is that more than 75% of all veterans,
eligible to use their VA Loan Benefit, were never given the
opportunity to explore this incredible loan option.
VAREP (Veterans Association of Real Estate Professionals)
was the major and main driver to this addition. Every loan
applicant will now be asked to respond to a question of service
in the United States Armed Forces. By requiring the real estate
mortgage loan officer to ask ALL loan applicants this questions,
every veteran or active duty service member will be prompted
to explore the benefits of the VA Loan. Those of us who have
served and protected this great nation by wearing the uniform of
the United States Armed Forces, have earned the right to use the
VA Loan benefits. Sadly, and all too often veterans are not
reminded, by their lender, that the VA Loan is a superior loan
option for nearly every owner-occupant real estate purchase
transaction. The new and improved Uniform Residential Loan
Application Freddie Mac Form 65 / Fannie Mae Form 1003 was
last revised 08/2016 and will become effective January 2018.
Click here to get the new Veteran Friendly Fannie Mae form
1003
Editor Note: Guest column articles do not reflect the policies or
interpretations of law by the Arizona Department of Real
Estate. They are meant to inform the public and provide variety
to ADRE’s Bulletin.
Page 5

Volume 2017 • Issue 1

ONLINE SYSTEM
PASSWORD RESET
THROUGH EMAIL
— STEPS YOU CAN
TAKE
ADRE has made it possible for all
licensees to reset their Online
System password by email. The
Online License System is a way for
licensees to manage their own
Continuing Education, Personal
Information, complete the Renewal
Process, Print their License (Active
Status Only), and so much more. If
a licensee has an invalid email
address on file, there would be
no way to receive the password
reset link.
That is why it’s important to login
to the Online Licensing System
and keep all personal information
updated, including your email
address. If you should need to reset
your password through email,
please see instructions below:



Visit www.azre.gov



From the home page click
Online Licensing and Renewal
System



Login on to the ride side with
your License Number, SSN
Suffix and Birth Date and
following the reset password
instructions

Reminder… Once the Password
Reset Link is sent to your email,
you will have 15 minutes to
comply before the link is invalid
Once
the
password
has
successfully been reset, the
licensee may login and continue
to enjoy the benefits of the ADRE
online license system!

Real Estate Bulletin

NORTH CAROLINA CLARIFIES VACATION
RENTAL BROKER DUTIES
Excerpted from ARELLO’s Boundaries magazine
Legislation recently enacted in North
Carolina amends the state’s Vacation
Rental Act to clarify and expand the
duties of licensed real estate brokers
engaged in vacation property
management.
The North Carolina Vacation Act (the
“Act”) was enacted in 1999 upon a
finding by the state legislature that,
“...the growth of the tourism industry in
North Carolina led to a greatly expanded
market of privately owned residences
that are rented to tourists for vacation,
leisure, and recreational purposes.
Rental transactions conducted by the
owners of these residences or licensed
real estate brokers acting on their behalf
present unique situations not normally
found in the rental of primary residences
for long terms.” The Act therefore
regulates the competing interests of
landlords, real estate brokers and tenants
in transactions involving vacation
rentals, which the Act defines as “The
rental of residential property for
vacation, leisure, or recreation purposes
for fewer than 90 days by a person who
has a place of permanent residence to
which he or she intends to return.”
Among its provisions, the Act requires a
written vacation rental agreement
between the landlord or his/her broker
and the tenant; mandates the deposit into
a trust account of advance rents, security
deposits and other fees; and regulates the
amount of and circumstances under
which advance moneys may be
disbursed from the trust account prior to
occupancy. The Act also provides
standards for accounting for trust funds
and making reimbursements to tenants,
defines how the state’s Residential
Tenant Security Deposit Act applies to
vacation
rentals,
establishes
the
respective rights and duties of sellers,
buyers and tenants in a sale transaction
involving a property that is subject to a
vacation rental agreement, and provides
for expedited eviction procedures.
Page 6

North Carolina House Bill 151
complements the existing statutes
defining the respective duties of vacation
rental landlords and tenants, by also
identifying the specific duties of real
estate brokers not already contained in
the Act. These include:
Managing the property in accordance
with the terms of the written agency
agreement signed by the landlord and
real estate broker;
Offering vacation rental property to the
public in compliance with all applicable
federal and state laws, regulations, and
ethical duties, including, but not limited
to, those prohibiting discrimination on
the basis of race, color, religion, sex,
national origin, handicapping condition,
or familial status;
Notifying the landlord regarding any
necessary repairs to keep the property in
a fit and habitable or safe condition and
following the landlord’s directions in
arranging for any such necessary repairs,
upon written
notification from the
tenant that repairs are needed; and
Verifying that the landlord has installed
operable smoke detectors and carbon
monoxide alarms, the latter of which is a
new landlord responsibility imposed by
House Bill 151, and verifying that the
landlord has annually placed new
batteries in battery-operated detectors
and alarms
House Bill 151 also eliminates potential
legal liabilities for brokers who fail to
identify landlords in vacation rental
agreements, and negligence claims
against brokers in the event that a tenant
fails to replace alarm/detector batteries
as needed.
Additional provisions of the new statutes
provide needed definitions of “landlord”
and “advance payments”,
Continued as North Carolina on page
8
Volume 2017 • Issue 1

ADRE UPDATES SUBSTANTIVE
POLICY STATEMENT RELATING
TO UNLICENSED ASSISTANTS
SPS No. 2017.01

FOLLOW ADRE ON TWITTER

Follow the Department on Twitter to receive updates,
notices, and other Arizona related information! click here

This policy statement provides an update, and clarifies
activities unlicensed assistant perform and how the
individual is paid. Additionally, SPS 2017.01 Unlicensed
Assistants provides general guidance of the activities an
unlicensed assistant may and may not perform. The SPS
provides references to Arizona Revised Statutes for
consideration when hiring and compensating an
unlicensed assistant.
Click here to review SPS No. 2017.01

SPREAD THE WORD… UPDATE
YOUR EMAIL AT ADRE
If you are a real estate licensee and your contact information
has changed, specifically your email address, you must update
your profile on the Online License System immediately.
If your email address is not currently, you will not receive
department notices, renewal reminders, and other department
information.

HOW TO INCLUDE
TECHNOLOGY AND SAFETY IN
CONTINUING EDUCATION

Log in to the Online License System by clicking here.

By: Arizona Association of REALTORS® President
Paula Monthofer
There are only five subjects which can be approved for CE
right? Agency, Disclosure, Contract, Commissioner’s
Standards, and Fair Housing. Where does that leave
Business Practices like Safety and Technology? We know
it most certainly benefits the public to have
REALTORs® and licensees well versed in technology;
providing the current and expected level of customer
service. We also know, without a doubt, it benefits our
society as a whole to have our REALTORs® and
licensees practicing their businesses safely and keeping
their clients safer. Commissioner Lowe agrees.
Let’s look at Agency. Classroom discussions around how
to establish Agency and when agency disclosures are
required offer many opportunities to discuss best business
practices including safety and technology. We can create
baseline safety and technology protocols and add these to
our existing required agency protocol.
We have a requirement to have the consumer clearly
understand where our agency lies and receive a copy of
any form signed. Here are a few examples of safety and
technology business practices which enable better
adherence to our agency laws. Technology and safety
protocol enable better adherence not only to Agency but
also to our Commissioner’s Standards, Fair Housing,
Disclosure and the Contract. As educators we should take
every opportunity to share our best Business Practices
with our students which includes utilizing today’s
technology to provide effective service to clients and
safety for ourselves.

Real Estate Bulletin

A very basic safety measure anyone can start taking advantage
of right away is: Never meet a stranger in a private space. A
very basic tech tool anyone can start taking advantage of right
away is: The free CamScanner application which turns your
cell into a scanner.
Now pull it all together into an applicable scenario for an
agency discussion. “Ok Everyone - You are meeting a client
for the first time. Where does this happen? How do you
disclose agency? How do you deliver a copy of the Agency
Disclosure and Election Form? How can you give a copy right
away when not in the office?” See how it all fits? If you would
like more examples of safe business practices via short videos
and webinars or info on the Arizona REALTORs® Agent
Safety Alert Program to include in your classes, please check
out AgentSafetyAlert.com.
Editor Note: Guest column articles do not reflect the policies
or interpretations of law by the Arizona Department of Real
Estate. They are meant to inform the public and provide
variety to ADRE’s Bulletin.
Commissioner comment: The course application outline must
connect safety and technology to statute and rules relating to
Agency.

Page 7

Volume 2017 • Issue 1

ADRE… BY THE NUMBERS
The real estate industry and its professionals
continue to be a pillar of the Arizona economy.
Each real estate licensee plays an intricate and
important role in the success of Arizona. We are
pleased to share metrics that represent a gradual
increase of practitioners entering the industry. With
this stability, professionals are also drawn to the high
regard and esteem that is promoted and encouraged
for Arizona real estate.

Original License Applications Approved
FY2012 - *FY2017
8,000
6,000
4,000
2,000
0
FY2012

FY2013

FY2014

FY2015

FY2016

*FY2017

Through the Arizona Management System the
Salesperson
Broker
Entity *Year to date
Department of Real Estate (ADRE) has adopted and
embraced the management philosophy of seeking
continuous improvement in all areas. The ADRE is
working to streamline all processes to ensure the
FY2012 FY2013 FY2014 FY2015 FY2016 *FY2017
services it provides are as efficient and effective as
4,055
4,896
5,189
5,694
5,891
possible. The real estate professional must be able to Salesperson 3,069
do what they do best for the people of Arizona. We
463
486
473
408
424
420
Broker
continue to measure key metrics monthly to identify
areas where we can improve. The ADRE processes
437
449
326
333
369
330
Entity
most original and renewal salesperson and broker
Total
3,969
4,990
5,695
5,930
6,487
6,641
applications in an average of one day.
The ADRE celebrates a “Happy New Year” two
times each year. One for the calendar year on
January 1 and another for the Arizona state
government fiscal year on July 1. During the month
of July each year, the ADRE compiles and reviews
statistics from the immediate past fiscal year to compare to prior years. As of June 1, 2017 the number of
Original Real Estate licensees totaled 82,357, a 3%
increase from the same month last year.
Approximately 81 percent of original license
applications and 88 percent of renewal applications
are submitted online through www.azre.gov.

* Year to Date — June numbers will be included in monthly
licensing numbers online

Renewal License Applications Approved
FY2012 - *FY2017
25,000
20,000

15,000
10,000
5,000

North Carolina Continued from page 6
specify the right of a broker to disburse earned
rental commissions when a property subject to a
vacation rental agreement is sold, and establishes
early termination rights to vacation rental tenants
who are U.S. Armed Forces personnel and receive
deployment or permanent change of station orders.
According to the ARELLO® Digest of Real Estate
License Laws and Current Issues, in 12 responding
real estate regulatory jurisdictions a real estate
salesperson or broker license “covers” vacation lodging rental activities.
Editor Note: Guest column articles do not reflect the
policies or interpretations of law by the Arizona
Department of Real Estate. They are meant to inform
the public and provide variety to ADRE’s Bulletin.
Real Estate Bulletin

0
FY2012

FY2013

FY2014

Salesperson

FY2015

Broker

FY2016

Entity

*FY2017

*Year to date

2012

2013

2014

2015

2016

*2017

Sales

18,406

20,460

20,938

21,528

22,420

20,936

Broker

5,406

6,212

6,235

6,259

6,244

5,715

Entity

2,859

3,187

3,151

3,234

3,259

2,881

Total

26,671

29,859

30,324

31,021

31,923

29,532

* Year to Date— June numbers will be included in monthly
licensing numbers online

Page 8

Volume 2017 • Issue 1

BROKER REVIEW
The Department’s Auditing staff has been made aware of any document that may have a material effect upon the
confusion on the part of some brokers regarding when rights or obligations of a party to a transaction.
documented broker review is to be performed.
Per the Commissioner’s Rule, R4-28-1103, Broker
Is broker review completed throughout the course of a Supervision and Control, the broker is required to
transaction or only after close of escrow? Unfortunately, establish and enforce written policies, procedures and
many brokers incorrectly believe broker review occurs
systems to allow for timely broker review to be
after close of escrow. Broker review is to be conducted as
transaction documents are executed by the parties; performed.
therefore, transaction documents undergo broker review
throughout the course of the transaction as the pertinent
documents are executed.
A.R.S. § 32-2151.01.G states, “The designated broker
shall review each listing agreement, purchase or
nonresidential lease agreement or similar instrument
within ten business days of the date of execution by
placing the broker’s initials and the date of review on the
instrument on the same page as the signatures of the
parties. A designated broker may authorize in writing an
associate broker who the designated broker employs to
review and initial these instruments on the designated
broker’s behalf.” The term “similar instrument” refers to

EDUCATION STATS
Average Passing Percentages for "First Time Exam Takers"
EXAM TYPE
6/16 7/16 8/16 9/16 10/16 11/16 12/16 1/17 2/17 3/17 4/17
REAL ESTATE BROKER
64% 69% 71% 79% 65% 81% 64% 56% 56% 79% 74%

5/17
81%

REAL ESTATE SALESPERSON
CEMETERY BROKER

66%
0%

65% 65% 67% 68%
0% 0% 0% 0%

66%
0%

CEMETERY SALESPERSON

89% 100% 83%

33%

80% 100% 100% 83% 50% 67% 88%

67%

MEMBERSHIP CAMPING BROKER

0%

0%

0%

68% 68% 66%
0% 100% 50%

0%

0%

71%
0%

MEMBERSHIP CAMPING SALESPERSON 100% 0% 0%
0% 100%
Total Number of Licensees (Individual and Entity) as of June 1, 2017
82,357
Active Continuing Education (CE) Courses as of June 22, 2017
Live CE (Approximately)

61%
0%

66%
0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

2,273

Distance Learning CE (Approximately)
293
ADRE Licensee Online CE Course Submissions September 27, 2016 through June 12, 2017
Total courses entered
159,241
Distance Learning
83,910
Percentages Distance Learning
Real Estate Bulletin

52.70%
Page 9

Volume 2017 • Issue 1

EDUCATION ADVISORY COMMITTEE (EAC) MEETING
ADRE’s Education Advisory Committee (EAC) has been in
existence for over a decade. The EAC has been an integral
part of ADRE’s relationship with the real estate educator
industry as a continual conduit and deliberative body to
foster the communication and facilitate the relationship
between the ADRE and the real estate educators in Arizona.

EDUCATION ADVISORY COMMITTEE MEMBERS











The EAC’s task is to assist the ADRE in fulfilling its
mission of: “Protecting the public interest by raising the
level of professionalism in the real estate sector without
increasing barriers to entry into the sector.” Membership of
the EAC is comprised of 14 members from an array of
diverse backgrounds in real estate. The EAC holds regular
meetings on a quarterly basis or more often as needed that 
are open to the public.

ADRE welcomes Laura Kovacs, A. Patrick Sheahan, and
Kelly Zitlow as its newest member appointments!
Commissioner Lowe recently reappointed Holly Eslinger,
Scott Goddard, and Jon Kichen. Commissioner Lowe
appreciates Andrew Jaffe, Mary Frances Coleman, and Jim
Zirbes for their latest term of service that recently ended.
Members serve two-year terms, with half of the member
terms coming due in July of each year.




Marti Barnewolt, Realty Executives
J. Robert Eckley, Esq., Eckley and Associates
Holly Eslinger, Exclusive Homes and Land
Barb Freestone, Arizona Association of Realtors®
Evan Fuchs, Bullhead Laughlin Realty
Scott Goddard, First American Title Insurance Company
James Hogan, Hogan School of Real Estate
Jon Kichen, Desert Sage Seminars
Laura Kovacs, Scottsdale Area Association of Realtors
Becky Ryan, Arizona Course Providers/Online Course
Providers
Mary Sand, Arizona Diversified Real Estate School
A. Patrick Sheahan, Berry & Doyle LLC Commercial
Real Estate Services
Amy Swaney, Citywide Home Loans
Kelly Zitlow, Chery Creek Mortgage Company

Commissioner
Lowe,
Carla
Randolph,
Assistant
Commissioner of Licensing Services and ADRE appreciate
the invaluable time and dedication the EAC committee
members provide to ADRE as participants.

Visit the ADRE website www.azre.gov to view the EAC
Calendar of meeting dates, minutes and agendas to follow
the EAC. The EAC’s next meeting is scheduled for
September 7, 2017 at the ADRE, 2910 N. 44th Street,
Phoenix, AZ from 10 a.m. to Noon.

VOLUNTEER MONITOR PROGRAM
Have you been thinking of “volunteering” but do not know where to donate your time and energy? Are you a proponent
of “raising the bar” for the real estate industry and an advocate of education?
If you have a background and awareness of real estate educational processes, you’re a good candidate to be a Volunteer
Monitor. If you are chosen to be a volunteer monitor, you will act as the eyes and ears of the Department around the
state in our many scheduled real estate courses. Open to real estate licensees… no Educators please.
Send in your resume and a letter of interest to James Williams, Education Auditor at jwilliams@azre.gov.
As a licensee, you will receive continuing education credit.
Real Estate Bulletin

Page 10

Volume 2017 • Issue 1

EARNEST MONEY RECEIPTS
Is an Earnest Money Receipt a Required
Document for a Transaction File?

COMMISSIONER LOWE APPOINTED
AS VICE-PRESIDENT OF DISTRICT 4
2017 ARELLO BOARD OF DIRECTORS
Judy Lowe, Arizona Department of Real Estate Commissioner,
proudly accepted appointment as Vice-President of District 4 to the
2017 ARELLO Board of Directors Association of Real Estate
License Law Officials (ARELLO) Conference in Vancouver,
British Columbia.

The Department’s Auditing staff has noted the lack
of earnest money receipts in brokers’ transaction
files. In a sales transaction, both the seller’s broker
and the buyer’s broker should obtain and include a
copy of the earnest money receipt in the broker’s
transaction file. The earnest money receipt confirms
that consideration has been paid by the buyer in the
transaction. It also confirms the timely deposit of
the buyer’s earnest money.
If the seller’s broker finds an earnest money receipt
is not available because the money has not been
deposited into escrow, a Cure Period Notice can be
promptly issued in order to protect the seller’s
interests. Likewise, the buyer’s broker can
promptly notify the seller’s broker that the buyer is
or may be unable to perform in the contract, in
accordance with the Commissioner’s Rule,
R4-28-1101.B.
A.R.S. § 32-2151.01.A states in part, “Each
licensed employing broker shall keep records of all
real estate … transactions handled by or through the
broker … The records required by this section shall
include copies of earnest money receipts,
confirming that the earnest money has been handled
in
accordance with the transaction, closing
statements showing all receipts, disbursements and
adjustments, sales contracts and, if applicable,
copies of employment agreements.”
Yes — earnest money receipts are a required
document in the transaction file.

REFRESHER ON
TRANSACTION DOCUMENTS
Note: R4-28-802(C)
R4-28-802 (C) specifically addresses retention of
transaction statements and states that in addition to
the requirements of A.R.S. §§ 32-2151.01 and
32-2174, the broker shall retain true copies of all
receipts and disbursements, or copied of the
executed and delivered escrow closing statements
that evidence all receipts and disbursements in the
transaction.
Real Estate Bulletin

Commissioner Lowe has served on the District 4 Board of Directors
since 2015. In this capacity, Commissioner Lowe will continue to
work collaboratively with agencies from across the U.S. and the
world to further the mission of protecting the public.
“Involvement with ARELLO has provided Arizona the ability to
learn from other jurisdictions around the country, as well as
internationally. I am honored to accept this appointment and for the
renewed opportunity to share why Arizona is the best place to
practice real estate” said Commissioner Lowe.
Commissioner Lowe is proud to accept this duty and looks forward
to continuing to represent the State of Arizona on the 2017
ARELLO Board of Directors.

LOGGING ONTO THE ADRE ONLINE
LICENSE SYTEM
Please visit www.azre.gov
1. You will then bring up the Real Estate Licensing Login Screen
page
2. Once on the Home Page Locate the Green tab—Online License
System.
3. Click on the tab (Online License System).
4. To log in as a Licensee go to the left with your license number
and password.
5. Various functions are located under the quick links tab such as
(Updating Personal Information, enter continued education, add
and request to be hired on by broker, sever from current broker,
etc.).
6. To Reset your Password login on the right side
7. You will need your license number, last four of your Social
Security Number, and Date of birth.
8. Once you have entered you will receive a series of questions to
follow and answer accordingly to proceed onto the next step.

Page 11

Volume 2017 • Issue 1

“STRANGE” NEVADA HOA “SUPERIOR PRIORITY” LIEN NOTICE
STATUTE STRICKEN AS UNCONSITUTIONAL
Excerpted from ARELLO’s Boundaries magazine
lien extinguishes all junior interests, including a first deed of
trust. The federal district court agreed and granted summary
judgment in favor of Bourne Valley. Wells Fargo appealed,
arguing among other things that the notice provisions of the
Nevada HOA super priority statute, which have since been
amended, were unconstitutional. The U.S. Court of Appeals
reversed the district court decision.

In a decision of interest to home owners associations
(HOAs) and their managers, mortgage lenders and other
common interest community stakeholders, the United States
Court of Appeals for the Ninth Circuit recently struck down
as
unconstitutional a since-amended “opt-in” notice
provision of Nevada’s “super priority” HOA lien statutes.

As described by the federal appellate court, before its later
amendment the Nevada HOA super priority statue employed
a “peculiar” scheme for providing mortgage lenders with
notice that a homeowners’ association intended to foreclose
on a lien. Even though the foreclosure forever extinguishes
the mortgage lenders’ property rights, the statute contained
“opt-in” provisions requiring HOAs to provide notice of the
foreclosure only when it had already been requested. The
court found that the opt-in provisions were “not only just
strange” but also violated lenders’ due process rights under
the Fourteenth Amendment to the U.S. Constitution. The
court reasoned that the statutory scheme unconstitutionally
shifted the notice burden from foreclosing HOAs to
mortgage lenders regardless of whether lenders were aware
that homeowners had defaulted on their HOA dues, whether
lender’s interests had been recorded and thus were easily
discoverable, or whether the foreclosing HOA made any
effort to contact lenders.

Over 20 U.S. states have enacted laws that confer super
priority status to common interest community dues/
assessment liens. The scope of such liens and their
respective enforcement processes vary among jurisdictions,
but generally permit HOAs to commence foreclosure
proceedings and be paid out of the resulting proceeds ahead
of most other lien holders. The general policy behind such
statutes is that unpaid dues and assessments threaten the
viability of common interest communities, unfairly cause In 2015 Nevada’s legislature eliminated the “opt-in”
increased assessments against remaining homeowners, and provision of the super priority lien notice statutes to require
lead to more foreclosures.
foreclosing HOAs to affirmatively provide notices of default
and sale to holders of first deeds of trust and other recorded
In Bourne Valley Court Trust v. Wells Fargo Bank, NA, the interests. Nonetheless, the Bourne decision is an example of
U.S. Court of Appeals for the Ninth Circuit considered a the continuing legal battles and legislative policy disputes
quiet title action involving residential property that was that surround HOA super priority lien statutes. In response
acquired by its owner with a $174,000 mortgage loan. The to arguments in their favor, mortgage industry stakeholders
mortgage was secured by a recorded note and deed of trust assert that the core real property concept of “first in time,
later acquired by Wells Fargo Bank. The owner fell behind first in right” lien priority is critical to U.S. housing markets.
on her HOA dues, the HOA foreclosed, and the property was Thus, private liens recorded after origination of a first lien
purchased at auction for $4,145 by an investor that subse- mortgage/deed of trust “...should not be able to move ahead
quently transferred its interest to Bourne Valley Court Trust. of the first position mortgagee in foreclosure priority, nor
The property allegedly had an assessed value of over extinguish the mortgage.”*
$90,000 at the time of the HOA foreclosure.
[Bourne Valley Court Trust v. Wells Fargo Bank, NA, 2016
Foreclosure proceedings based on nonpayment of the U.S. App. LEXIS 14857 (Aug 12, 2016).
mortgage loan had also been commenced, so Bourne Valley *Source: Mortgage Bankers Association, www.mba. org,
brought a quiet title action against Wells Fargo. Bourne “Homeowners and Condominium Associations Should Not
Valley argued that Nevada
Revised Statutes section Be Granted ‘Super Lien’ Priority”.]
116.3116 provides an HOA with a “super priority” lien that
is superior to Wells Fargo’s first deed of trust. Bourne Editor Note: Guest column articles do not reflect the policies
Valley relied in part on SFR Investments Pool 1, LLC v. or interpretations of law by the Arizona Department of Real
U.S. Bank, N.A., 334 P.3d 408 (Nev. 2014) in which the Estate. They are meant to inform the public and provide
Nevada Supreme Court held that the statutory super priority variety to ADRE’s Bulletin.
Rea

Page 12

Volume 2017 • Issue 1

NATIONAL DO NOT CALL
REGISTRY
Before making calls to consumers do you or your
company verify the number you’re calling is not
registered on the National Do Not Call Registry?
Here are some FAQ’s from the Federal Trade
Commission (The government agency that
protects consumers). More information is
available at: https://www.ftc.gov
What is the National Do Not Call Registry?
The National Do Not Call Registry is a list of phone
numbers from consumers who have indicated their
preference to limit the telemarketing calls they
receive. The registry is managed by the Federal Trade
Commission (FTC), the nation’s consumer protection
agency. It is enforced by the FTC, the Federal
Communications Commission (FCC), and state
officials.
What calls are covered?
The do not call provisions of the TSR cover any plan,
program or campaign to sell goods or services through
interstate phone calls. This includes calls by
telemarketers who solicit consumers, often on behalf
of third party sellers. It also includes sellers who are
paid to provide, offer to provide, or arrange to provide
goods or services to consumers.
What types of calls are not covered by the National
Do Not Call Registry?
The do not call provisions do not cover calls from
political organizations, charities, telephone surveyors,
or companies with which a consumer has an existing
business relationship.
How does the established business relationship
provision work for a consumer whose number is on
the registry?
A company with which a consumer has an established
business relationship may call for up to 18 months
after the consumer’s last purchase or last delivery, or
last payment, unless the consumer asks the company
not to call again. In that case, the company must
honor the request not to call. If the company calls
again, it may be subject to a fine of up to $16,000.
If a consumer makes an inquiry or submits an
application to a company, the company can call for
three months. Once again, if the consumer makes a
specific request to that company not to call, the
company may not call, even if it has an established

Real Estate Bulletin

A consumer whose number is not on the national registry can
still prohibit individual telemarketers from calling by asking to
be put on the company’s own do not call list.
How can I access the registry?
The registry can be accessed only through the fully automated
and secure website at www.telemarketing.donotcall.gov. The
first time you access the registry, you must set up a profile and
provide identifying information about you and your
organization. If you are a telemarketer or service provider
accessing the registry on behalf of your seller-clients, you will
be required to identify your seller-clients and provide their
unique Subscription Account Numbers (SANs). The only
consumer information available from the registry is telephone
numbers.
After you (or the company telemarketing on your behalf) have
accessed the registry and downloaded telephone numbers the
first time, you’ll have the option of downloading only changes
in the data that have occurred since the last time you accessed
the registry.
Note that the Arizona Office of the Attorney General also has
telemarketing guidelines that must be adhered to, click here for
more information.

DEVELOPMENT INDUSTRY
LEARN & LUNCH
The sixth Learn and Lunch (L&L) with ADRE’s
Development/Builder
Services
Division
and
the
Development / Builder Industry was another success. There
was positive dialogue amongst the participants, which
included an array of industry representatives. At this event
Commissioner Lowe gave the opening presentation followed
by the Development Services/Builder Division presentation on
ADRE’s new online application filing process and other topics
of interest.
ADRE would like to give special thanks to Old
Republic Title and Gammage and Burnham for sponsoring the
past lunches at these events!
The next L&L event is tentatively scheduled for July 20,
2017. Representatives from the development industry are
welcome to attend; due to limited seating and to receive a
detailed invitation, please pre-register through the ADRE
Message Center on the home page at www.azre.gov

Page 13

Volume 2017 • Issue 1

SOUTH CAROLINA TO REGULATE REAL ESTATE TEAMS
ARELLO®. Excerpted from ARELLO’s Boundaries magazine.

Legislation implementing a major overhaul of South Carolina’s real estate licensing laws that will took effect on January
1, 2017 includes new standards for real estate teams operating in the state.
The concept of creating teams within a real estate brokerage is not new, of course, but the business model has reportedly
grown significantly over the last several years. Proponents assert that teams provide advantages to both consumers and
real estate licensees. For example, teams offer multiple licensees working together to provide various property
marketing and transaction management functions at the same time, and thus concentrated services and enhanced client/
customer communications that arguably cannot be provided as effectively by a single real estate agent. For licensees,
teams are said to offer enhanced income opportunities, new agent mentoring, shared expertise, and the ability to designate
team members to focus on specific tasks such as transaction tracking, listing presentations, lead generation, etc.
“The broker-in-charge must adopt a written company policy that identifies and describes the types of real
estate brokerage relationships in which associated licensees may engage, including teams.”
Statistics vary, but it is certain that many thousands of real estate teams are currently operating in the Real estate
regulators in many jurisdictions have adopted policies, promulgated rules and/or enacted statutes addressing team
operations; one of the latest of which is South Carolina’s Senate Bill 1013.
Under the new statutes, “team” is defined to mean “...two or more associated licensees working together as a single unit
within an office established with the “Commission and supervised by a broker-in-charge” [the broker designated to have
responsibility over the actions of all associated licensees and the responsibility and control over and liability for a real
estate trust account]. The broker-in-charge must adopt a written company policy that identifies and describes the types of
real estate brokerage relationships in which associated licensees may engage, including teams.
Senate Bill 1013, codified as Act 0170 of 2016, also enacts a new South Carolina Code section 40-57-360, which requires
that:
 The broker-in-charge must be responsible for supervising the team and all licensed members of the team, may not
delegate supervisory responsibilities to the team members or team leader, and the required written office policy
must address team relationships in which associated licensees may engage;
 The team may act as disclosed dual agents only and with the prior informed and written consent of all parties and
as addressed in the broker-in-charge’s written office policy;
 Team members must conduct all real estate brokerage activities from their commission-established office under the
supervision of a broker-in-charge;
 Team advertising must contain the team name and the full name of the real estate brokerage firm displayed in a
conspicuous way;
 No team may imply that the team is a separate entity from the brokerage firm of its employment. Team names may
not include the terms “realty”, “real estate”, “realtors”, or similar terms suggesting a brokerage; and the team, and
any and all team members, must display and promote that they are directly connected to the brokerage firm under
which the team works. The brokerage firm name under which the team works is to be displayed prominently and
visibly in a meaningful and conspicuous way on all methods of advertising.
The South Carolina Real Estate Commission is authorized to promulgate regulations regarding the creation and operation
of real estate teams, as well as other aspects of the licensing law changes enacted by Senate Bill 1013. Among many other
matters, the legislation amends provisions relating to brokerage relationships; revises pre-license and continuing
education requirements; amends nonresident licensing requirements; clarifies trust account responsibilities, and adds a
disciplinary provision addressing transactions delays or failures caused by disputes between licensees. The Commission
is in the process of interpreting and implementing Senate Bill 1013 and, to that end, has formed a task force, called a special public meeting and invited written comments.
Editor Note: Guest column articles do not reflect the policies or interpretations of law by the Arizona Department of Real
Estate. They are meant to inform the public and provide variety to ADRE’s Bulletin.

Real Estate Bulletin

Page 14

Volume 2017 • Issue 1

REAL ESTATE, A NOBLE PROFESSION...
CONTRIBUTED BY JOHN FOLTZ , BROKER

"I pledge allegiance … to the flag and to the republic for which it stands…….
With liberty and justice for all"
Whenever I say the Pledge of Allegiance or sing the Star-Spangled Banner, I feel the emotion of pride for this country.
I will bet you do, too! Our emotion and pride is based on a sense of liberty and freedom for ourselves, our families and for
those we love. There is also a huge sense appreciation for those who have gone before us to protect our country.
One of the greatest values we have is the right to own private property. Ask any immigrant, from almost anywhere in the
world, and they will tell you how exciting it is for them to actually own there own home.
As Real Estate Professionals, we have the unique honor and responsibility of helping the American family buy and sell the
property in which that family lives, works, or holds investments.
A study by the National Association of Realtors has shown that the American family does significantly better when they own
the home in which they live …Education levels are higher, delinquency rates are lower, and communities experience less
crime. These positive benefits to the American family have inertia, meaning that the positive benefits last for several
generations.
So, as Real Estate Professionals, we have a noble goal and responsibility to serve the American family as a cornerstone of the
principles and values of our great country. This is a high calling and a great honor.
Each of us has an opportunity to give our sincere commitment of knowledge, experience, and trustworthiness to American
families, one at a time. In this way, we are contributing to the American way of life in a positive way and can genuinely feel
the pride of involvement every time we say the Pledge of Allegiance or sing the National Anthem.
Ours is a high calling and we are grateful to be trusted with it. This is a noble profession constantly contributing to the
American Dream.
Editor Note: Guest column articles do not reflect the policies or interpretations of law by the Arizona Department of Real
Estate. They are meant to inform the public and provide variety to ADRE’s Bulletin
Real Estate Bulletin

Page 15

Volume 2017 • Issue 1

AUDIT CHECKLIST
What is the purpose of a Broker Compliance Audit conducted by the Department’s Auditing staff? To confirm
regulatory compliance with the Arizona Revised Statutes and Commissioner’s Rules.
Audit procedures may vary depending on the type of real estate activities performed, as well as the individual
business operations, procedures and processes utilized by the Broker and Entity. When applicable, the Broker
Audit will include both the main and branch office(s).
In general, the Auditing staff will review but are not limited to reviewing the following:
Office signage and license display

A.R.S. §32-2126.B
A.R.S. § 32-2127.B
A.R.S. § 32-2128
A.R.S. § 32-2151.01

Employee files

Broker’s operating and/or commission account

A.R.S. §32.2155
A.R.S. § 32-2163.A &
B
R4-28-1103.A

Broker’s Policy and Procedure Manual

Delegations of Authority for Broker duties and Broker Temporary Absences

Sales, Leasing and/or Property Management Logs

A.R.S. § 322151.01.G
A.R.S. § 32-2127.D
R4-28-304.B
A.R.S. § 32-2151.01.E
A.R.S. § 32-2175.E

Sales files for completeness and timely documented broker review

A.R.S. § 32-2151.01

Transactions in which licensees acted as a principal

R4-28-1101.E

Property Management Agreements

A.R.S. § 32-2173

Broker Trust bank accounts, including bank statements and monthly trust account reconciliations

A.R.S. § 32-2151

Client and Tenant Ledgers, Liability Balances and Monthly Reports

A.R.S. § 32-2175.C

Checkbook register (receipts and disbursement journal)

A.R.S. § 32-2151.A.2

Trust Account signature cards

A.R.S. §32-2174

Real Estate Bulletin

Page 16

Volume 2017 • Issue 1

BROKERS IN SUBSTANTIVE COMPLIANCE

Broker Audit Honor Roll - JUNE thru May 2017
License #

Broker's Name

Brokerage

Type of Audit

BR093463000

Allyn, James E.

Allyn & Associates

Onsite

BR023569000

Baker, Byron D.

B. D. Baker Company

Onsite

BR111129000

Baker, Jonna C.

Jonna Baker & Associates Realty, LLC

Onsite

BR577176000

Baker, Tao

Red Rock Equities

Onsite

BR648432000

Bauman, David W.

TM Realty Services Arizona, LLC

Onsite

BR526735000

Beckman, Kristi M.

Orion Fine Homes, LLC

Onsite

BR005060000

Bell, George H.

Land Research & Development, Inc.

Onsite

BR039527000

Benavidez, Marcia K.

Power Property, Inc.

Onsite

BR034762000

Benjamin, Christopher P.

City to City Commercial

Onsite

BR036276000

Bennett, Mary

Desert Horizons Group, LLC

EBAR

BR528362000

Berman, Vanessa A.

Caliber Realty

Onsite

BR019401000

Bernstein, David

The Bernstein Murphy Companies, LLC

Onsite

BR548326000

Blank, David A.

National Realty Brokers

Onsite

BR028502000

Bongiorno, Kim S.

Buyers Information Service, Inc.

Onsite

BR528401000

Bosse, Tammy L.

Boss Properties

Onsite

BR632960000

Boyd, Joann

Boyd Realty & Investments

Onsite

BR511008000

Brice, Lesley A.

MC Residential

Onsite

BR625024000

Brodeur, Marc A.

Trillium Properties, LLC

Onsite

BR009600000

Burgener, Clifton W. "Will"

Sherlock Homes Realty

Onsite

BR007241000

Burns, Timothy P.

PPR Referral

Onsite

BR529957000

Burrell, Aimee A.

Elpis Real Estate Boutique

Onsite

BR511157000

Callaway, Kelly E.

Those Callaways

Onsite

BR551451000

Campbell, Douglas R.J.

Campbell & Associates (Inactive)

Onsite

BR634706000

Caparros, Agustin D.

VLP Realty

Onsite

BR007140000

Cardwell, Michael A.

Homechoice Properties, LLC

Onsite

BR539215000

Castro, Theodore "Teddy"

Home Execs Realty

Onsite

BR113578000

Chandler, Dale B.

Above and Beyond Realty

Onsite

BR583358000

Chapman, Jacob R.

Desert North Realty

Onsite

BR101762000

Chipman, Linda L.

KRE Arizona, LLC

Onsite

BR013958000

Chua, Perla

Smart Referral Network, LLC

Onsite

BR105952000

Clark, Phillip B. "Phil"

Phil Clark Land, LLC

Onsite

BR537300000

Cleman, Frederick A.

Full House Realty

Onsite

BR561065000

Conway, Michael W. Jr.

Conway Real Estate

Onsite

BR540321000

Cook, Philip N.

Neighborhood Experts

Onsite

BR571806000

Coon, Robert E.

Onsite

BR512652000

Daniell-Marshall, Janet M.

Majestic Real Estate & Investments,
Inc.
Robison Land & Realty

BR554651000

De Augustine, Anthony

Avant Garde

Onsite

Real Estate Bulletin

Page 17

Brokerage Location

EBAR

Volume 2017 • Issue 1

BROKERS IN SUBSTANTIVE COMPLIANCE

Broker Audit Honor Roll - JUNE thru MAY 2017
License #

Broker's Name

Brokerage

Type of Audit

BR005211000

De Bernardi, R.C. "Duke"

DD Properties

Onsite

BR528459000

Dearien, Dana L.

Montebello Fine Properties

Onsite

BR008886000
BR522843000

Decosmo, Richard A.
Deglane, Juan M.

Cozland Corporation
Zipworld Realty, LLC

Onsite
Onsite

BR031821000

Deuitch, Matthew E.

DPR Commercial

Onsite

BR011860000
BR629350000

Don Francesco, Patricia
Doyle, Perry P.

Metropolitan Real Estate
Black Belt Realty

Onsite
Onsite

BR577367000

Duck, Charles E. III

Blackwing Real Estate

Onsite

BR580899000

Farber, Paul S.

Vim Residential Management, LLC

Onsite

BR552177000
BR627810000

Farhat, Deborah A.
Figueroa, Jose "Joe" R. Jr.

Farhat & Associates
Yuma Property Management, LLC

Onsite
EBAR

BR104971000

Fillipi, Terry L.

Aspen Country Realty

EBAR

BR026446000

Frye, Donna L.

Christian Real Estate

Onsite

BR526216000

Gaston, Jacob D.

Be Home Realty

Onsite

BR522712000

Giannopoulos, William

I Home Real Estate, LLC

Onsite

BR520884000

Gordon, James J.

Homecor Realty

Onsite

BR013786000

Green, Margaret A.

Aufmuth Fine Properties

Onsite

BR531539000

Gutierrez, Michael V.

Douglas Realty Group

EBAR

BR504797000

Hall, Michael T.

ERA - Matt Fischer, Realtor

EBAR

BR625997000

My Arizona Realty, LLC

Onsite

BR101141000

Harrington, Richard P.
"Rich"
Haugen, George R.

Haugen Commercial Real Estate, Inc.

Onsite

BR007099000
BR562135000

Hogan, Joseph E.
Holliday, Roger L.

The Hogan Group
Tri State Realty, Inc.

Onsite
EBAR

BR528226000

Hudson, Dale R.

Sonoran Fine Properties

Onsite

BR006260000

Hulvey, Dale L.

Christopher Robert Corporation

Onsite

BR529524000

Hune, Pat S.

1st Southwest Realty

Onsite

BR527288000

Hunt, Jeffrey L.

Rider's Realty

Onsite

BR043906000

Jackson, Rick

Hunter Jack

Onsite

BR021269000

Kerley, Robert D.

Silver Key Realty

Onsite

BR517246000

King, Nancy A. "Angel"

Custom Homes and Lots Investments

Onsite

BR026694000

Klei, Kelly L.

Discovery Realty

Onsite

BR516568000

Kopp, Richard L. Jr.

Assist-2-Sell Buyers and Sellers

Onsite

BR010615000

Ladamato, A. Gene

Home Management Associates

Onsite

BR565063000

Leefers, Kimber

Solterra Realty, LLC

Onsite

Real Estate Bulletin

Page 18

Brokerage Location

Volume 2017 • Issue 1

BROKERS IN SUBSTANTIVE COMPLIANCE

Broker Audit Honor Roll - JUNE thru MAY 2017
License #

Broker's Name

Brokerage

Type of Audit

Brokerage Location

BR510346000

Lucero, Martha J.

Casa Lucero Realty, LLC

EBAR

BR008101000

Marshall, Marie

Marie Marshall & Associates

Onsite

BR116494000

Martin, Debra L.

EBAR

BR507628000

Martinet, Pierre F.

Bullhead City Property Management
Sales
Net Land Realty

Onsite

BR519816000

Martinez, Mary Ellen

Strategy Realty, LLC

Onsite

BR570713000

Martinez, Tina L.

No Stress Properties

Onsite

BR007509000

May, Gary

Real Living Success Realty

Onsite

BR517953000

McDonald Andrew "Andy"

Homesmart Advantage Group

Onsite

BR006095000

GHE Realty

Onsite

BR564190000

Messenger, Michael R.
"Mike"
Mijac, John P.

Long Realty Company

Onsite

BR516107000

Miller, Nicole C.

Zion Realty

Onsite

BR626580000

Miller, Ryan T.

RBR & Associates

Onsite

BR006028000

Morland, Johnnie R.

Southwest Management of Arizona

EBAR

BR008037000

Nabers, Michael L.

RE/MAX Sun Properties

Onsite

BR570002000

Ochoa, George

Golden Properties Management, LLC

Onsite

BR561428000

Pechersky, Scott R.

Alliance Communities, LLC

Onsite

BR109400000

Pepping, Kathleen C.

Tucson Management, Inc.

Onsite

BR574801000

Perera, Toni R.

Infinity Realty Arizona

Onsite

BR515035000

Phelps, Robert B. "Bob"

Bob Phelps Realty Co.

Onsite

BR526289000

Phillips, Mark V.

Newmark Grubb Levy Strange Beffort

Onsite

BR558719000

Plato, Raymond J. "Ray"

Viza Realty

Onsite

BR013106000

Popa, Thomas J.

Thomas Popa & Associates

Onsite

BR006986000

Quatraro, Paul R.

Great Southwest Realty

Onsite

BR516382000

Ramras, Tatiana

Ramras Realty, LLC

Onsite

Real Estate Bulletin

Page 19

Volume 2017 • Issue 1

BROKERS IN SUBSTANTIVE COMPLIANCE

Broker Audit Honor Roll - JUNE thru MAY 2017
BR006383000

Ramundo, Mark

Onsite

Rich, Danielle C.

Mark Ramundo
Tucson's Choice Property Management & Real Estate Group LLC

BR525881000
BR025700000

Robers, Jerald L.

Triple Net America, LLC

Onsite

Rollnick, Richard D.

Allegiant Properties, LLC

Onsite

BR573786000

Roulette, Charles K.

Montezuma Realty

Onsite

BR641439000

Salyer, Angela K.

Mattamy Tucson, LLC

Onsite

BR105185000

Schlosser, Lucas W.

Southwest Land Associates, LLC

Onsite

BR628744000

Shiner, Michael G.

CXT Realty

Onsite

BR037150000

Shrader, J. B.

Shrader Realty & Associates

EBAR

BR007056000

Siddons, George

Key Management Co., Inc.

Onsite

BR633507000

Stern, Negin

Lemark Realty

Onsite

BR012375000

Stevens, Julie A.

Stevens Realty & Investment Co. Inc.

EBAR

BR037123000

Thibault, John H. "Tebo"

State Territory Realty, LLC

Onsite

BR522286000

Thompson, Gary T.

Arizona Central Land & Home

Onsite

BR504755000

Titche, Megan K.

MEB Rental Homes

Onsite

BR518832000

Tobian, Michael P.

GetArizonaProperty.com

Onsite

BR114305000

Tokoph, Thomas J.

Urban Realty & Development, LLC

Onsite

BR102326000

Trevino, Karen L.

ERA Four Feathers Realty, L.C.

EBAR

Tyrrell, John T.

Tycor Realty Company

Onsite

BR528450000

Vance, Leonard B. "Len"

Vance Realty

Onsite

BR546609000

Weaver, Keith A.

Exit Realty - Realty Place

Onsite

Weekes, Euphemia L.

Crest Premier Properties

Onsite

Weller, Gary L.

Weller Realty & Management

Onsite

White, Sandra E.

Hunt Commercial Real Estate

Onsite

Winward, William J.

CPA Advantage Realty, LLC

Onsite

Yamauchi, Kathleen

Kathleen Yamauchi Group Real Estate

Onsite

Ziff, Laura S.

AAM, LLC

Onsite

BR533244000

BR513924000

BR524832000
BR006009000
BR542027000
BR014024000
BR042781000
BR007903000

Onsite

DISCIPLINARY ACTIONS
ABBREVIATIONS USED IN DISCIPLINARY ACTIONS
ASA = Accelerated Settlement
Agreement

BA = Broker Acknowledgement C&D = Cease and Desist

CFO = Commissioner Final
Order

CO = Consent Order

CONV = Conviction

CP = Civil Penalty

ED = Additional Education

FEL = Felony

J & S = Joint & Several

LG = License Granted

MISD = Misdemeanor

PL = Provisional License

PM = Practice Monitor

UA = Unlicensed Activity

Correction: The ADRE Bulletin Volume 2016 Issue 2 erroneously listed Coldwell Banker Residential as the Brokerage at the Time of
Violation by Cal-Pacific Properties Corp. The field should have been left blank. Coldwell Banker Residential has never been affiliated
with Cal-Pacific Properties Corp.
Name

License
Number

Brokerage at
time of violation

Location

Summary

Order

Fisher, Aaron

SA642267000

Inactive

Oro Valley, AZ

Convictions

CO - 2 Yrs. PL/PM; Sworn
Quarterly affidavits

Bestine, Daniel

SA661127000

Applicant

Mesa, AZ

Convictions

CFO- After hearing - License
Denial upheld.

Mansour, Majo

BR642157000

Sterling Fine
Properties, LLC

Scottsdale, AZ

Property Management Irregularities

ASA - $500 CP, 6 hrs CE

Siqueiros, Raul B

SA553109000

Walt Danley Realty
LLC

Phoenix, AZ

Failure to timely disclose conviction

ASA - $400 CP

Huerta, Melissa

SA627029000

Fazio & Associates
LLC

Mesa, AZ

Failure to timely disclose conviction

ASA- $750 CP

West, Ken

SA664971000

Applicant

Prescott, AZ

Convictions

CO- 2 Yrs. PL/PM

Barber, Gail A

SA115286000

Applicant

Phoenix, AZ

Convictions

CO- 2 Yrs. PL/PM

Lewis, William Phillip

SA535172000

Sterling Fine
Properties, LLC

Scottsdale, AZ

Violation of Rules & Regulations

CO- $1000 CP, 2 Yrs. PL/PM, 9
hrs CE

Connolly, Channing
Morgan

SA665345000

Applicant

Lake Havasu City,
AZ

Convictions

CO-2 Yrs. PL/PM

Adams, Barbara

SA024906000

Suspended

Phoenix, AZ

Conviction

CO- License Suspension, 2 yr. PL/
PM, 12 hrs CE

Michelle, Angelique

SA661509000

Applicant

Lake Havasu City,
AZ

Convictions

CO - 2 Yrs. PL/PM

Hardin, Scott

BR116446000

Keyland Fine
Properties, LLC

Scottsdale, AZ

Trust Irregularities - shortage

CFO-License Revoked

Venezia, James H.

SA574989000

Keyland Fine
Properties, LLC

Cave Creek, AZ

Trust Irregularities - shortage

CFO-License Revoked

Keyland Fine
Properties, LLC

LC625010000

Cave Creek, AZ

Trust Irregularities - shortage

CFO-License Revoked

Rogers, Letitia

SA661228000

Re/Max Prestige
Properties

Kingman, AZ

Failure to disclose conviction

ASA-$750 CP, 6 hrs CE

Yost, Shawna

SA573567000

Applicant

Mesa, AZ

Failure to complete CE while previously
licensed

ASA - $500 CP, 6 hrs CE

Moyer, James

SA634126000

Homesmart LLC

Gilbert, AZ

Failure to disclose - Conviction

ASA - $1500 CP

Joaquim, Hilda

BR007262000

S. J. Flower Real
Estate

Phoenix, AZ

Misrepresentation Conversion of client
funds

CFO - License Revoked

Frankenfield, Cori

SA665330000

applicant

Tucson, AZ

Convictions

CO - 2 Yrs. PL/PM

Walters, Lindsay

SA564559000

Mojica & Associates
Real Estate LLC

Scottsdale, AZ

Late disclosure - Conviction

CO - $2000 CP, 2 Yrs. PL/PM, 9
hrs CE

Cohen, Deborah

BR572424000

Custom Keys Realty & Gold Canyon, AZ
Property
Management

Abandonment of office

FINDING OF FACT, CONCLUSIONS
OF LAW & ORDER - License
revoked

Custom Key Realty &
LC644620000
Property Management

Gold Canyon, AZ

Abandonment of office

FINDING OF FACT, CONCLUSIONS
OF LAW & ORDER - License
revoked

Arizona Homes Realty

Gilbert, AZ

Violation or Rules and Regulations - illegal
compensation

ASA - $1000 CP

Real Estate Bulletin

LC575173000

Page 21

Volume 2017 • Issue 1

DISCIPLINARY ACTIONS CONTINUED
Name

License
Number

Brokerage at
time of violation

Location

Summary

Order

Carroll,
BR535504000
Shannon Marie

Arizona Homes Realty Gilbert, AZ

Violation or Rules and Regulations - illegal
compensation

ASA - $1000 CP, 6 hrs CE

Montijo, Edna

SA653786000

Arizona Homes Realty Gilbert, AZ

Violation or Rules and Regulations - illegal
compensation

ASA - $1000 CP, 6 hrs CE

Koenig, Yvonne SA653161000

Arizona Homes Realty Gilbert, AZ

Violation or Rules and Regulations - illegal
compensation

ASA - $500 CP, 6 hrs CE

Gilbaugh,
Patricia

SA115655000

West USA Realty Inc.

Phoenix, AZ

Late Disclosure

ASA - $400 CP

Brown, Kelly

SA045688000

Inactive

Scottsdale, AZ

Late Disclosure

CO - $400 CP, 2 Yrs. PL/PM, 6
hrs CE

Green, Lynne

SA660575000

Applicant

Phoenix, AZ

Convictions

CO - 2 Yrs. PL/PM

Mcnulty, Laura SA580715000

Homesmart LLC

San Tan Valley, AZ

Property Management Irregularities

CFO- License Revoked, $2000
CP

Martin, Aaron

SA662870000

N/A

Scottsdale, AZ

Surrender in lieu of disciplinary hearing

Surrender License

Sypkens,
Dennis

SA644363000

Suspended

Scottsdale, AZ

Conviction

FINDINGS OF FACT,
CONCLUSIONS OF LAW AND
ORDER - Licensed Revoked

Talbot, Dawn

SA655356000

TENNEY REALTY
SERVICES

SHOW LOW, AZ

Failure to disclose - Conviction

ASA - $450 CP

Martinez,
Ruben

SA668176000

Applicant

Casa Grande, AZ

Conviction

CO-2 Yrs. PL/PM

Bechtel, Alison BR521148000

Keller Williams Legacy Phoenix, AZ
One

Failure to supervise

CO-$2000 CP, 6 hrs CE

McNicol,
Cynthia

Keller Williams Legacy Phoenix, AZ
One

Failure to supervise

CO-$2000 CP, 6 hrs CE

Dawson, Mark SA44420000

Realty Executives LLC

Scottsdale, AZ

Unlicensed Activity

CO - $2000 CP, 2 Yrs. PL/PM, 6
hrs CE

Hieber, Craig

SA626564000

ERA_ Matt Fischer
Realtor LLC

Yuma, AZ

Failure to disclose a material fact- Violation or
Rules and Regulations

CO - $2000 CP, 2 Yrs. PL/PM,
12 hrs CE

Genteman,
Nathan

SA655285000

VDH Investment Corp. Chandler, AZ

Failure to Disclose- Convictions

ASA - $750 CP

Murray,
Stephen

BR564024000

MURRAY TIERRA
ESTARE COMPANY

Maricopa AZ

Failure to review transactions

ASA - $1000 CP, 6 hrs CE

JGL Consulting LLC

Peoria, AZ

Unlicensed Activity - property management

Cease & Desist

Peoria, AZ

Unlicensed Activity - property management

Cease & Desist

BR557817000

Keckler, Tammi Unlicensed
JGL Consulting Unlicensed
LLC
Taylor, Joy
Darlene

BR008124000

Leon-Taylor
Management LLC

Tucson, AZ

Unlicensed Activity

ASA - $1000 CP, 6 hrs CE

Johnson,
Randall

SA516901000

Valley Vistas
Management
Company

Scottsdale, AZ

Unlicensed Activity

CFO - license revoked

Valley Vistas
Management
Company

Unlicensed

Scottsdale, AZ

Unlicensed Activity

CFO - cease and desist
affirmed

Dubon,
Tiberius

SA668002000

Applicant

Phoenix, AZ

Conviction

CO- 2 Yrs. PL/PM

Pafford,
Nicholas

SA577842000

Bluebonnet t Ventures Flagstaff, AZ

Convictions

CO-2yrs. PL/PM

NRT Arizona LLC

Conviction

CO- 2 yrs. PL/PM

Sjulstad, Paula SA513790000

Real Estate Bulletin

Tucson, AZ

Page 22

Volume 2017 • Issue 1

DISCIPLINARY ACTIONS CONTINUED
Name

License Number Brokerage at time of
violation

Location

Summary

Order

Lawson, Aaron

SA636399000

Applicant

Phoenix, AZ

Convictions

CO - 2 Yrs. PL/PM, 6 hrs
CE

Rivera, Jose

SA624430000

Uptown Realty LLC

Phoenix, AZ

Convictions

CFO

Means, Kimberly

SA038437000

Inactive

Scottsdale, AZ

Failure to Disclose - Convictions

ASA - $750 CP

Devorkin, Jeffrey

BR573645000

I GO URBAN REALTY

Chandler, AZ

Trust Account Irregularities

CO -$3000 CP, 2 yrs. PL/
PM, 12 hrs CE, 2 yrs.
acct reconciliations

I GO URBAN REALTY

LC634388000

Chandler, AZ

Trust Account Irregularities

CO -$3000 CP, 2 yrs. PL/
PM, 12 hrs CE, 2 yrs.
acct reconciliations

Decesare, Dean

BR547365000

OCOTILLO PROPERTIES

Maricopa AZ

Failure to maintain records - Violation or ASA - $1000
Rules and Regulations

Smith, Duane

SA656211000

HOMESMART, LLC

Glendale, AZ

Other Jurisdiction Sanction

ASA - $750 CP

Carr, Terrell

SA665337000

Applicant

Tempe, AZ

Convictions

CO - 2 Yrs. PL/PM,

Singer, Richard

SA66124000

Applicant

Flagstaff, AZ

Convictions

CO - 2 Yrs. PL/PM

Danovic, Jacob

SA583819000

Reliance Commercial Real
Estate

Scottsdale, AZ

Failure to Disclose - convictions

ASA - $1000, 6 hrs CE

Starich, Kenneth

BR638603000

Kenneth Starich

Mesa, AZ

Other jurisdiction sanctions- False/
Misleading Application

CFO - Revoked

Schoff, J Dillon

SA580671000

Tierra Antigua Realty LLC

Tucson, AZ

Convictions

CFO-Revoked

Holcomb, Michelle

BR5414455000

FORE PEAKS SALES GROUP

Rio Verde, AZ

Failure to Respond to a Department
Cease & Desist
Investigations/Audit - Violation or Rules
and Regulations

Fore Peaks Sales Group

LC641582000

Rio Verde, AZ

Failure to Respond to a Department
Cease & Desist
Investigations/Audit - Violation or Rules
and Regulations

John N. Wenzlau

BR12964000

Agenors Partners Realty LLC Litchfield, AZ

Violation or Rules and Regulations

CO - $1,500 CP, 12 hrs
CE

Espinoza, Mario T

BR509316000

SLP Realty

Phoenix, AZ

Surrender in lieu of hearing

Surrender License

Freyling, Glenn

SA668410000

Applicant

Camp Verde, AZ

Failure to Disclose - Convictions

CO - 2 yrs. PL/PM

Dow, Darin

SA542779000

MY HOME GROUP REAL
ESTATE

Tempe, AZ

Surrender in lieu of hearing to revoke

Surrender License

Flores, James

SA649106000

Inactive

Mesa, AZ

Conviction

ASA - $750 CP,

Willoughby, Dan

SA576122000

Homesmart LLC

Peoria, AZ

Convictions

Summary Suspension

Yu, Min

SA631054000

Inactive

Phoenix, AZ

Conviction

Summary Suspension

Chin, Tom

SA588263000

Homesmart LLC

Chandler, AZ

Convictions

Summary Suspension

Erran, David

SA659627000

Inactive

Mesa, AZ

Convictions

Summary Suspension

Foley, John

SA564682000

Real Estate Marketing
Professionals Of Tucson

Glendale, AZ

Conviction

CFO- Revoked

Wisneski, Natalie

SA666229000

Applicant

Tempe, AZ

Disclosure - Conviction

CFO - after hearingGrant 2 year PL

Wisneski, Natalie

SA666229000

Applicant

Tempe, AZ

Conviction

CO - 2 Yrs. PL/pm issued
after hearing

Yu, Min

SA631054000

Inactive

Phoenix, AZ

Convictions

FINDINGS OF FACT,
CONCLUSIONS OF LAW
AND ORDER, Licensed
REVOKED

Real Estate Bulletin

Page 23

Volume 2017 • Issue 1

DISCIPLINARY ACTIONS CONTINUED
Name

License
Number

Brokerage at time of
violation

Location

Summary

Order

Andrews, Dallas

SA669105000

Applicant

Peoria, AZ

Convictions

CO - 2 yrs. PL/PM

Zimmerman, Mary Ann

SA629611000

Realty One Group Inc.

Peoria, AZ

Failure to Disclose- False or Misleading
Application

ASA - $1000

Cheetham, Russell

SA530740000

Inactive

Scottsdale, AZ

Failure to Disclose - Convictions

ASA - $750

Smith, Margaret

BR564185000

Valley Executives Real
Estate and Property
Management

Scottsdale, AZ

Property management and trust account
violations

CO -$3000 CP, 2 yrs. PL/PM,
15 hrs CE, 2 yrs acct
reconciliations

Scottsdale, AZ

Property management and trust account
violations

CO-$3000 CP, 2yrs PL/PM,
15hrs CE, 2 yrs. acct
reconciliations

Valley Executives Real Estate LC639959000
and Property Management
Schmitz, Cristy

SA669102000

Applicant

Apache
Junction, AZ

Convictions

CO -2 yrs. PL/PM

Wier, Anthony

BR007361000

Pro-Property
Management

Phoenix, AZ

Trust Account Irregularities- failure to
reconcile

ASA - $1000 CP, 6 hrs CE

Friedman, Alan

BR002963000

American Property
Exchange Inc.

Tucson, AZ

Illegal Subdivision

CO - $2000 CP CEASE &
DESIST

Meade, Clyne

Unlicensed

Tucson, AZ

Illegal Subdivision

CO - $2000 CP CEASE &
DESIST

Race Track Development

Unlicensed

Tucson, AZ

Illegal Subdivision

CO - $2000 CP CEASE &
DESIST

Liechti, Timothy

SA631830000

Summit Land Consultants Scottsdale, AZ
LLC dba Summit Home
Consultants

Failure to exercise reasonable caredisclosure

CO - $500 CP, 9 hrs CE

Bortman, Oleg

BR63686400

Biltmore Lifestyles Real
Estate Company

Phoenix, AZ

Violation or Rules and Regulations- Advertising

ASA - $500 CP, 6 hrs CE

Blalock, Tucker

BR642462000

Biltmore Lifestyles Real
Estate Company

Phoenix, AZ

Violation or Rules and Regulations- Advertising

ASA - $500 CP, 6 hrs CE

Stockwell, Cynthia

BR021871000

Phoenix, AZ

Violation or Rules and Regulations- Advertising

ASA - $400 CP

Planeta, Mary

SA669372000

Applicant

Phoenix, AZ

Convictions

CO - PL/PM

Barnes, Dana

BR524813000

Above and Beyond Realty Glendale, AZ

Failure to Disclose

CO - $1,000 CP, 9 hrs CE

Laakso, Anton

SA669154000

Applicant

Tempe, AZ

Convictions

CO - 2 Yrs. PL/PM, 6 hrs CE

Rivera, Joey

SA661198000

Applicant

Phoenix, AZ

Convictions

CFO- Denial of license
upheld

Lopez, Rosita

BR569509000

Golden Globe Investments Mesa, AZ
LLC

Violation or Rules and Regulations

CFO- License Revoked

Gunderson, Jesse

SA527264000

Golden Globe Investments Phoenix, AZ
LLC

Violation or Rules and Regulations

CFO- License Revoked
$5,000 CP

Gunderson, Colleen

BR518894000

Golden Globe Investments Phoenix, AZ
LLC

Violation or Rules and Regulations

CFO- License Revoked

Golden Globe Investments
LLC

LC583868000

Phoenix, AZ

Violation or Rules and Regulations

CFO- License Revoked

Griffith, Hannah

SA669832000

Applicant

Scottsdale, AZ

Convictions

CO - PL/PM

Caravella, Steven

SA668898000

Applicant

Chandler, AZ

Convictions

CO-PL/PM

Erran, David

SA659627000

Inactive

Mesa, AZ

Convictions

FINDINGS OF FACT,
CONCLUSIONS OF LAW
AND ORDER, Licensed
REVOKED

Real Estate Bulletin

Page 24

Volume 2017 • Issue 1

DISCIPLINARY ACTIONS CONTINUED
Name

License
Number

Brokerage at time of
violation

Location

Summary

Order
FINDINGS OF FACT,
CONCLUSIONS OF LAW
AND ORDER, Licensed
REVOKED

Chin, Tom

SA588263000

Homesmart LLC

Chandler, AZ

Convictions

Garner, Brandon

SA665861000

Applicant

Apache
Junction, AZ

Convictions

Van Sickle, Brittany

SA670290000

Applicant

San Tan Valley,
Convictions
AZ

Parsons, John

SA515736000

Empire Commercial Real
Estate

Phoenix, AZ

Convictions

Rosenstein, Kimberley

SA637354000

Applicant

Phoenix, AZ

Convictions

CO-PL/PM
FINDINGS OF FACT, CONCLUSIONS OF LAW AND
ORDER, Licensed REVOKED

Hernandez, Jesus

SA642066000

Daniel Covarrubias Valdez Phoenix, AZ

Convictions

Simpson, Darrick

SA641817000

Homesmart LLC

Mesa, AZ

Convictions

Mann, Ginger

SA635661000

Homesmart Success

Maricopa AZ

Violation or Rules and Regulations

Armenta, Michael

SA504976000

Homesmart LLC

Phoenix AZ

Convictions

Waldbillig, Tiffanii

SA575739000

AZ Real Estate & Property
Management LLC

Mesa, AZ

Convictions

Willoughby, Dan

SA576122000

Homesmart LLC

Peoria, AZ

Convictions

Rodriguez, Fabio

BR502567000

Realty One Group Inc.

Glendale, AZ

Misrepresentation

Linnerson, Dalen

SA653841000

Realty Executives LLC

Phoenix, AZ

Unlicensed Activity

Windham, Joseph

SA654558000

Conway Real Estate LLC

Phoenix, AZ

Convictions

Hollister, Charles

SA563150000

Applicant

Las Vegas, NV

Convictions

Trupiano, Joseph

SA666130000

Applicant

Northville, MI

Convictions

Stanton, Jaron

SA670463000

Applicant

Scottsdale, AZ

Convictions

Volland, Melanie

SA671170000

Applicant

Peoria, AZ

Convictions

House, Wanda

SA535449000

Russ Lyon LLC

Phoenix, AZ

Convictions

Minardi, Kimberly

SA660438000

Foothills Property Manage- Cottonwood,
ment LLC
AZ

Convictions

Linnerson, Dalen

SA653841000

Realty Executives LLC

Phoenix, AZ

Unlicensed Activity

Linnerson, Steven

Unlicensed

Phoenix, AZ

Unlicensed Activity

DDL Management Inc.

Unlicensed

Phoenix, AZ

Unlicensed Activity

Landon, Carolyn

SA514744000

The Solvere Group LLC Phoenix, AZ

Other Jurisdiction Sanction

Holcomb, Michelle

BR544455000

FORE PEAKS SALES GROUP Rio Verde, AZ

Violation or Rules and Regulations

Real Estate Bulletin

Page 25

CO-PL/PM
CO-PL/PM
CO-$750 CP, PL/PM

ASA -$750 CP
CO- $2000 CP, CE
ASA - $750 CP
OSS - License Suspended
CFO- License Revoked
CFO- License Revoked
CO-$3000 CP, CE
CFO-$250 CP
CO- PL/PM
CO-PL/PM
CO-PL/PM, COUNSELING
CO-PL/PM
OSS - License Suspended
CO-License Suspended,
PL/PM
Cease and Desist
Cease and Desist
Cease and Desist
CO - $3000 CP, PL/PM, CE
CFO - License Revoked

Volume 2017 • Issue 1

DISCIPLINARY ACTIONS CONTINUED
Fore Peaks Sales Group

LC641582000

Yashar, Elizabeth

SA112345000

Gum, Anmarie

SA529260000

Rio Verde, AZ

Violation or Rules and Regulations

Applicant

Tempe, AZ

Convictions

Applicant

Gilbert, AZ

Convictions

CFO - License
Revoked
CO-PL/PM
CO-PL/PM

Ruiz, Gisela

SA522989000

Tambes Holding LLC

Tucson, AZ

Unlicensed Activity

CO- $3000 CP, 60
day LICENSE SUSPENSION, LICENSE
REINSTATEMENT,PL/PM, CE

Mantovani, Vanessa

BR572853000

Montovani Properties LLC

Mesa, AZ

Failure to Disclose

ASA - $750 CP

Yurkovic, Gregory

BR579899000

Platinum Realty Group

Phoenix, AZ

Violation or Rules and Regulations,
CO- $3000 CP, PL,
Property Management violations, Trust CE, Monthly
account shortage.
accounting

Platinum Realty Group LLC

LC6422985000

Phoenix AZ

Violation or Rules and Regulations,
CO- $3000 CP, PL,
Property Management violations, Trust CE, Monthly
account shortage.
accounting

Frietz, Guillermo

BR012956000

Guillermo A. Frietz

Phoenix, AZ

Convictions

Kahlich, Mark

BR011555000

Mark T. Kahlich

Tucson, AZ

Failure to Disclose

Lyons, Michael

SA668871000

Inactive

Gilbert, AZ

Convictions

Kinas, David

Unlicensed

Tucson, AZ

Unlicensed Activity

Blazanovic, Brankica

BR579179000

Basin Capital properties
LLC dba BC Prperites1

Phoenix, AZ

CO-$4,000 CP, PL,
Property Management violations. Trust
TRUST ACCTS,
Account Shortage
SURETY BOND

Richard, Ivan

SA637013000

Breakthrough Real Estate
& Property Management
LLC

Phoenix, AZ

Failure to Respond

Thomason, Jamie

SA654294000

D & D Follies LLC

Prescott, AZ

Convictions

OSS - License
Suspended

Dery-Chaffin, Alexander

SA669026000

Applicant

Tucson, AZ

Convictions

CO-PL,PM

Israel, James

SA643888000

Cluff Property Management LLC

Gilbert, AZ

Conversion of Client Funds

CFO-ALJ - License
Revoked

Roberts, James

SA671280000

Applicant

Flagstaff, AZ

Convictions

Joyner, Joseph

SA664475000

Applicant

Tucson, AZ

Convictions

Waldron, Scott

SA663670000

Inactive

Chandler, AZ

Convictions

881 home LLC

Unlicensed

Tucson, AZ

Unlicensed Activity

Basin Capital properties LLC dba BC Prperites1

LC640963000

Phoenix, AZ

CO-$4,000 CP, PL,
Property Management violations. Trust
TRUST ACCTS,
Account Shortage
SURETY BOND

Roth, Sara

SA561243000

Applicant

Peoria, AZ

Convictions, failure to disclose

Hendrix, Suzanne

SA647262000

Homesmart LLC

Scottsdale, AZ

Convictions, failure to disclose

Ashley, Eugene

BR533116000

Eugene B. Ashley Realtors

Scottsdale, AZ

Failure to provide records and cooperate with a Department audit.

CO -PL,
COUNSELING,
ELECTRONIC
SUBMISSIONS
ASA - $400 CP
OSS - License
Suspended
Cease and Desist

Surrender License

CO-PL/PM
CO-PL/PM
Surrender License

Cease and Desist

CO-PL/PM

ASA- $750 CP

Real Estate Bulletin

Page 26

CFO- License
Revoked

Volume 2017 • Issue 1

Official Publication
ARIZONA DEPARTMENT OF REAL
ESTATE
2910 N. 44th St, Suite 100

The ADRE has updated trifold brochures! Click the linked titles below to view the electronic version on
www.azre.gov.

Homeowners Association
Dispute Process

All About ADRE

Obtaining a Real Estate License

VOLUME 2017 - ISSUE 1
The Periodic Bulletin from the
Arizona Department of Real Estate
An official publication of the
State of Arizona
DOUGLAS A. DUCEY
Governor
JUDY LOWE
Commissioner

The ADRE Mission
The purpose of the department is to protect the public interest through
licensure and regulation of the real estate profession

Real Estate Bulletin

Page 27

Real Estate Advisory Board
Bill Gray, Chair
Karen Bohler, Vice-Chair
Carla Bowen
Charles Bowles
Kimberly Clifton
Nedra Halley
Bruce A. Jacobs
Nicole LaSlavic
Justin Rollins
D. Christopher Ward

Volume 2017 • Issue 1