The short answer
Arizona has a real wholesale-disclosure statute — A.R.S. §44-5101 — and it has teeth on both sides. Below is the plain-English version of the rules Wise Revival operates under in Arizona — assignment, disclosure, licensing, and marketing — taken from the statute material reviewed through our legal gate.
Assignment: what the law allows
- Arizona regulates the wholesale transaction directly. A wholesale buyer of residential property (fewer than 5 dwelling units) and a wholesale seller each carry a written disclosure duty under A.R.S. §44-5101.
- The timing is the statute's spine: the buyer's disclosure comes BEFORE any binding agreement — not at assignment, not at closing.
Disclosure and licensing requirements
- §44-5101(A)(1): BEFORE any binding agreement, a wholesale buyer of residential property (fewer than 5 dwelling units) shall disclose IN WRITING to the seller that the buyer is a wholesale buyer.
- §44-5101(A)(2): a wholesale seller shall disclose in writing to the end buyer that the seller is a wholesale seller holding an equitable interest and MAY NOT be able to convey title.
- A footer on a website does not satisfy §44-5101 — the disclosure must be written, and before the binding agreement.
Marketing: where operators get in trouble
- If the BUYER violates the disclosure duty: the seller may cancel any time before close of escrow, without penalty, and may retain the wholesale buyer's earnest money.
- If the SELLER (wholesale side) violates it: the buyer may cancel before close of escrow and SHALL be refunded all earnest money.
- Both sides of the deal can unwind it over a missing disclosure — which is why in Arizona the paperwork goes first and the marketing second.
The Arizona operator checklist
- Written wholesale-buyer disclosure to the seller, before any binding agreement.
- Written wholesale-seller disclosure to the end buyer: equitable interest only, may not be able to convey title.
- Treat a website footer as no disclosure at all — it does not satisfy the statute.
- Keep the signed disclosures with the file; either side can cancel over them before close of escrow.
Source: A.R.S. §44-5101 (azleg.gov), verified in full for Wise Revival's Arizona legal gate, 2026-10-20.
Common questions
Is wholesaling legal in Arizona?
Yes — with a real disclosure statute, A.R.S. §44-5101. A wholesale buyer must disclose in writing to the seller, before any binding agreement, that they are a wholesale buyer; a wholesale seller must disclose in writing to the end buyer that they hold an equitable interest and may not be able to convey title.
What happens if the Arizona disclosure is skipped?
If the buyer violates it, the seller may cancel any time before close of escrow, without penalty, and keep the earnest money. If the wholesale seller violates it, the buyer may cancel and shall be refunded all earnest money.
Does a disclosure on my website count in Arizona?
No. A footer on a website does not satisfy §44-5101 — the disclosure must be written, and before the binding agreement.
General information about how these rules generally work, not legal advice. Laws change; verify current law with a licensed attorney in your state.
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The wholesaling rules for all 9 states we operate in, on paper, statute-cited — the same material this page is built from.