Arkansas Real Estate Exam 2025 Newest Prep Test
Bank With 300 Questions and Correct Verified
Answers / Arkansas Real Estate State Exam 2025-2026
Prep/ Arkansas Real Estate Test 2025
An out of state applicant whose state license does not offer Arkansas Licenses
opportunities comparable. to Arkansas:
a. May ask for a hearing before the commission
b. May be licensed after taking all classroom requirements, testing and paying all
fees
c. Must be a resident of Arkansas to get a license
d. May take only the Arkansas Law portion of the exam - ANSWER-b. May be
licensed after taking all classroom requirements, testing and paying all fees
All of the following are true EXCEPT:
a. An owner may always sell his own property without a license:
b. Violation by the director of a corporation is subject to criminal prosecution
c. Attorneys need not have a license to sell real estate for their clients
d. Executive brokers are responsible only to the Arkansas Real Estate Commission
- ANSWER-d. Executive brokers are responsible only to the Arkansas Real Estate
Commission
Timing of a disclosure in a real estate transaction is regulated by:
a. The Arkansas Real Estate Commission
b. Statutory Laws
c. The principal broker
pg. 1
,d. The salesperson on the first contract - ANSWER-a. The Arkansas Real Estate
Commission
The amount of members of the Arkansas Real Estate Commission is:
a. Four
b. Three
c. Five
d. Limited by the commissioner - ANSWER-c. Five
Terms for members of the commission are:
a. Open ended until renounced
b. Appointed for life
c. Limited to 3 years
d. Set by federal regulations to 4 years - ANSWER-c. Limited to 3 years
All of the following regarding the commission is true EXCEPT:
a. One member must be a Realtor 60 years of age or older
b. All are appointed by the governor
c. At least one represents consumers
d. Two of the members are nit required to be nominated by the commission -
ANSWER-a. One member must be a Realtor 60 years of age or older
All of the commission members can:
a. Be active holders of real estate licenses
b. Grade examinations
c. Have equal voting privileges
pg. 2
,d. Not be compensated for services offered - ANSWER-c. Have equal voting
privileges
In general an application to renew a real estate license received by the commission
after September 30th:
a. Will be returned
b. Will be treated as an expired license
c. Will be revoked
d. Will be processed because of the grace period - ANSWER-b. Will be treated as
an expired license
The commission may process an application without penalty received on October
2nd because:
a. There is a 5-day grace period
b. The applicant has a documented reason
c. There were holidays
d. The commission sets the date manually - ANSWER-c. There were holidays
An agent places their license on inactive status on December 15, 2001. They can
reactivate their license without testing if they apply by:
a. December 15, 2003
b. December 31, 2004
c. December 31, 2003
d. December 15, 2004 - ANSWER-b. December 31, 2004
To reinstate an expired license:
a. A test must be taken
pg. 3
, b. Proof of non-activity in real estate must be given
c. A fee must be paid
d. All of the above - ANSWER-c. A fee must be paid
The name of a real estate firm:
a. Must have the words "real estate" in it
b. Must be registered with the board
c. May need approval
d. Is subject to no restrictions - ANSWER-c. May need approval
A temporary license:
a. Can be issued by the board in some cases
b. Is valid for 60 days
c. Is granted upon submission of application
d. Expires at the end of 30 days - ANSWER-d. Expires at the end of 30 days
A salesperson paid an hourly wage and expected to be in the office from 8am until
2pm to answer phones is probably a(n):
A. Independent contractor
B. Employee
C. Contract agent
D. Associate broker - ANSWER-B. Employee
A division of a community along geographic lines for purposes of listing homes for
sale by two salespeople working for the same broker is:
pg. 4
Bank With 300 Questions and Correct Verified
Answers / Arkansas Real Estate State Exam 2025-2026
Prep/ Arkansas Real Estate Test 2025
An out of state applicant whose state license does not offer Arkansas Licenses
opportunities comparable. to Arkansas:
a. May ask for a hearing before the commission
b. May be licensed after taking all classroom requirements, testing and paying all
fees
c. Must be a resident of Arkansas to get a license
d. May take only the Arkansas Law portion of the exam - ANSWER-b. May be
licensed after taking all classroom requirements, testing and paying all fees
All of the following are true EXCEPT:
a. An owner may always sell his own property without a license:
b. Violation by the director of a corporation is subject to criminal prosecution
c. Attorneys need not have a license to sell real estate for their clients
d. Executive brokers are responsible only to the Arkansas Real Estate Commission
- ANSWER-d. Executive brokers are responsible only to the Arkansas Real Estate
Commission
Timing of a disclosure in a real estate transaction is regulated by:
a. The Arkansas Real Estate Commission
b. Statutory Laws
c. The principal broker
pg. 1
,d. The salesperson on the first contract - ANSWER-a. The Arkansas Real Estate
Commission
The amount of members of the Arkansas Real Estate Commission is:
a. Four
b. Three
c. Five
d. Limited by the commissioner - ANSWER-c. Five
Terms for members of the commission are:
a. Open ended until renounced
b. Appointed for life
c. Limited to 3 years
d. Set by federal regulations to 4 years - ANSWER-c. Limited to 3 years
All of the following regarding the commission is true EXCEPT:
a. One member must be a Realtor 60 years of age or older
b. All are appointed by the governor
c. At least one represents consumers
d. Two of the members are nit required to be nominated by the commission -
ANSWER-a. One member must be a Realtor 60 years of age or older
All of the commission members can:
a. Be active holders of real estate licenses
b. Grade examinations
c. Have equal voting privileges
pg. 2
,d. Not be compensated for services offered - ANSWER-c. Have equal voting
privileges
In general an application to renew a real estate license received by the commission
after September 30th:
a. Will be returned
b. Will be treated as an expired license
c. Will be revoked
d. Will be processed because of the grace period - ANSWER-b. Will be treated as
an expired license
The commission may process an application without penalty received on October
2nd because:
a. There is a 5-day grace period
b. The applicant has a documented reason
c. There were holidays
d. The commission sets the date manually - ANSWER-c. There were holidays
An agent places their license on inactive status on December 15, 2001. They can
reactivate their license without testing if they apply by:
a. December 15, 2003
b. December 31, 2004
c. December 31, 2003
d. December 15, 2004 - ANSWER-b. December 31, 2004
To reinstate an expired license:
a. A test must be taken
pg. 3
, b. Proof of non-activity in real estate must be given
c. A fee must be paid
d. All of the above - ANSWER-c. A fee must be paid
The name of a real estate firm:
a. Must have the words "real estate" in it
b. Must be registered with the board
c. May need approval
d. Is subject to no restrictions - ANSWER-c. May need approval
A temporary license:
a. Can be issued by the board in some cases
b. Is valid for 60 days
c. Is granted upon submission of application
d. Expires at the end of 30 days - ANSWER-d. Expires at the end of 30 days
A salesperson paid an hourly wage and expected to be in the office from 8am until
2pm to answer phones is probably a(n):
A. Independent contractor
B. Employee
C. Contract agent
D. Associate broker - ANSWER-B. Employee
A division of a community along geographic lines for purposes of listing homes for
sale by two salespeople working for the same broker is:
pg. 4
