A.R.S. § 28-4420 Contents of Brokering Agreement

LibraryArizona Statutes
Edition2023
CurrencyCurrent through L. 2023, ch. 205
Year2023
CitationA.R.S. § 28-4420

A brokering agreement shall contain the following terms, conditions, requirements and disclosures:

1. The name, address, license number and telephone number of the broker.

2. A complete description, including line-make, model, year and color of the motor vehicle and the desired options.

3. The following statement:

The following information shall be completed before the signing of this brokering agreement:

(a) The dollar purchase price of vehicle: _______________.

(b) The date this agreement will expire if a purchase agreement from a selling dealer is not presented for your signature: ___________________________.

(c) The fee that you are obligated to pay, if any: _________________.

4. A notice that is printed in conspicuous type, that is placed immediately below the statement required by paragraph 3 and that states whether or not a fee is received from the selling dealer.

5. The following notice on the face of the brokering agreement in conspicuous type, circumscribed by a line, that reads as follows:

Notice

This is an agreement to provide services. This is not an agreement for the purchase of a vehicle. Arizona law gives you the following rights and protection:

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