Recently by Susan Lehmkuhl

Real estate licensee cannot draft documents after Buyer located

A real estate licensee has a friend who has agreed to buy a home from a FSBO Seller. The friend wants the real estate licensee to draft the purchase contract and other documents for a fee of $300. Can the real estate licensee draft these documents and charge the friend $300?



No. Under Article 26 of the Arizona Constitution a real estate licensee acting as a broker or agent in the transaction can draft documents incidental to the sale or leasing of real property. The real estate licensee, however, cannot charge for the drafting of these documents.
Arizona REALTOR® Digest November 2004

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