The 1997 edition of the Arizona Real Estate Law Book will be available in December. This edition is completely new and contains all changes to statutes enacted by the 1997 Arizona Legislature, the Commissioner's Rules and other rules and statutes of importance to real estate licensees. The book can be inserted in the special seven-ring burgundy binder sold for the 1995 and 1996 editions. A comprehensive revision of the Commissioner's Rules is in the works. I strongly encourage you to read these proposed rules and make a written response during the public-comment period.
Interested parties can respond as individuals or through an appropriate group.
After this public comment period, the Department will analyze the correspondence, determine if and how the proposed rule should be modified, and establish whether additional drafts need to be written or meetings held with industry to discuss the rule making. When we establish a final draft, the proposed rules will be published in the Arizona Administrative Register and an additional comment period will be scheduled to coincide with the public hearing. The date will be published in the Administrative Register and notice will be posted on our website. After adopting the rules, the Department will appear before the Governor's Regulatory Review Council to respond to any comments the Council may have regarding the rules and the economic impact statement. At that time, the Council may approve the adopted rules or return the rules to the Department.