Final answer:
An auctioneer in Arizona can auction real property only if they have the required license and comply with state laws and regulations.
Step-by-step explanation:
An auctioneer may only auction real property in the state of Arizona if they have obtained the necessary license and are compliant with the state's laws and regulations regarding real estate auctions.
In Arizona, auctioneers who handle real property auctions must be licensed real estate brokers or salespersons. They are required to follow the Arizona Revised Statutes Title 32, Chapter 20 and the rules and regulations set forth by the Arizona Department of Real Estate.
Failure to comply with these requirements can result in legal consequences as well as the invalidation of the auction sale.