Arizona wholesaling law · checked October 21, 2026
The short answer — Arizona
Yes — with two written disclosures. Before a binding agreement, a wholesale buyer must tell the seller in writing that it is a wholesale buyer; a wholesale seller must tell the buyer in writing that it holds only an equitable interest and may not be able to convey title. Arizona asks for honesty on paper, not a license.
Rule: A.R.S. § 44-5101 (Laws 2022 ch. 170, HB 2747) · In force: September 24, 2022 · Penalty if ignored: The statute's own section is titled 'unlawful practice.' If the wholesale buyer skips the disclosure, the seller cancels and keeps the earnest money; if the wholesale seller skips it, the buyer is repaid.
Checked October 21, 2026 against the official source: www.azleg.gov. Information only — not legal advice.
Arizona's statute (titled, pointedly, 'unlawful practice') requires two written disclosures in residential deals under 5 units. Before any binding agreement, a wholesale buyer must tell the seller in writing that it is a wholesale buyer. A wholesale seller must tell the buyer in writing that it is a wholesale seller, that it holds only an equitable interest, and that it may not be able to convey title. Either party may cancel any time before close of escrow with no penalty if the disclosures were missed.
No. Arizona asks for written disclosure, not a license. Yes — with two written disclosures. Before a binding agreement, a wholesale buyer must tell the seller in writing that it is a wholesale buyer; a wholesale seller must tell the buyer in writing that it holds only an equitable interest and may not be able to convey title. Arizona asks for honesty on paper, not a license.
Scope: Residential property of fewer than 5 units. Cancellation: Cancel any time before close of escrow, no penalty. Source: official text / regulator page.
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