Arkansas Real Estate Exam 2025 Newest Prep Test Bank WithQuestions and Correct
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principal broker - (answer)an individual who performs certain real estate services for another party for
compensation. ultimately responsible for the company's activities, notably the activities of other
licensees as well as the business's trust accounts.
real estate duties not requiring license - (answer)Delivery of a lease application or lease.
Receiving a lease or lease application for delivery to the principal broker, real estate firm, or owner.
Receiving a security deposit, rent payment or related payment for delivery to the principal broker, real
estate firm, or owner.
Acting under the direct written instructions of the principal broker, firm or owner in:
Showing a rental unit.
Assisting in the execution of a preprinted lease or rental agreement containing pre-established terms.
Conveying information regarding a lease transaction prepared by the principal broker, firm, or owner to
any person.
executive broker - (answer)a licensed broker employed and supervised by a principal broker as an
employee or independent contractor who can perform real estate services under the auspices of the
principal broker, but who also has the authority to supervise associate brokers and salespersons.
associate broker - (answer)licensed broker who, as an employee or independent contractor, may
perform real estate services under the supervision of a principal broker or executive broker. The
associate broker may not supervise any other licensee
to qualify for a Arkansas license - (answer)Be of majority age (18 years old).
Satisfy educational requirements.
Satisfy experience requirements.
Pass the appropriate licensing examination.
Demonstrate a record of professional conduct.
Provide evidence of honesty, trustworthiness and integrity.
Complete a criminal history background check.
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Pay the appropriate fees.
requirement for brokers license - (answer)60 classroom hours in real estate within a 3-year period prior
to the date of application, documented by the approved school or other satisfactory evidence
Two years experience as a licensed Arkansas salesperson, or salesperson or broker from another state,
within the four-year period preceding the date of application
application procedure for initial licensure - (answer)for documentation evidencing fulfillment of the
requirements previously identified concerning education, experience, character, age, etc
submit payment for the non-refundable application fee as well as the license examination fee.
requested the criminal background check may then take the license examination
invalidate the results of exam and applicant must reapply an retest - (answer)Applicants who pass the
exam must pay the license fee and Real Estate Recovery Fund fee within 90 days from the date of the
examination. Failure to pay these fees will:
90 days following exam date - (answer)Upon successful completion of the examination, the applicant
must submit the proper forms and fees to the Commission no later than
a six-month extension - (answer)if an applicant fails one of the sections of the exam, he or she is granted
a _____ re-take and pass the failed portion. misses deadline he or she must re-take the entire exam.
if the examinee waits more than one year - (answer)he or she must re-take the exam and re-apply for
the license.
exempt from general portion of exam if: - (answer)They passed the general portion in another state,
subject to Commission approval; and
The passing grade for such section is no lower; and
The examinee is licensed in another state at the time he or she takes the Arkansas exam.
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requirements for non-resident licensure are: - (answer)Meet the same requirements as residents; or
follow commissions non-resident regulations and meet requirements such as Affiliate with a resident or
non-resident principal broker licensed by the Commission etc.
If a resident or non-resident licensee terminates affiliation with a principal briker - (answer)the person's
license is terminated until such time as a re-affiliation occurs with another principal broker and the
nonresident/resident places his or her license on inactive status.
December 31 - (answer)All Arkansas real estate licenses, active or inactive, expire on___ even in the
initial year of licensure
september 30 - (answer)The deadline for renewing the license without paying additional fees
90 prior to expiration - (answer)the Commission will issue a renewed license upon receipt of the
application no later than
7 days - (answer)Inactive licensees must notify the Commission of any change in name or address within
To activate an inactive license - (answer)must complete 6 hours of CE for every year the licensee was
inactive, up to a total of 30 hours.
If a license has been expired in excess of 3 years - (answer)the reactivation requirement will be the same
as a new applicant.
to reactivate an expired license - (answer)submit a renewal application, pay the appropriate fee, and
satisfy continuing education and any other requirements
On or about July 15th - (answer)the Commission sends licensees notice to renew licenses for the
upcoming year.
, Arkansas Real Estate Exam 2025 Newest Prep Test Bank WithQuestions and Correct
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in a specific topic identified by the Commission - (answer)At least one hour of the 6-hour requirement
will be
the first partial year, nor the following full year of licensure - (answer)New licensees are not required to
complete the CE requirement in:
At least one hour of the 6-hour requirement - (answer)will be in a specific topic identified by the
Commission (courses may not be taken twice to meet the requirement)
courses exempt from SBPCE approval are: - (answer)Courses offered by Realtor Associations or affiliated
councils.
Courses approved by the Commission.
3+-hour real estate-related courses offered by universities or colleges.
new salesperson requirement: - (answer)complete 18-hour AREC Post-license course w/in one year
following the end of the month of the date of the issuance of the initial license
new broker requirement - (answer)complete 30-hour broker course w/in 1 year following the end of the
month of the date of the issuance of the initial license. if the broker had completed the SP's post-license
course w/in 3 yrs prior to date of licensure, need only take an additional 12-hour course
no more than 30 days - (answer)Commission may issue temporary licenses pending issuance of the
permanent license, valid for __
When a licensee leaves the employment of a principal broker he/she must - (answer)immediately
surrender his or her pocket card to the principal broker
7 days following the termination - (answer)principal broker must within _____ notify the Commission of
the termination, and surrender the license and card to the Commission. This automatically de-activates
the license
Verified Answers / Arkansas Real Estate State Exam Prep/ Arkansas Real Estate Test 2025
principal broker - (answer)an individual who performs certain real estate services for another party for
compensation. ultimately responsible for the company's activities, notably the activities of other
licensees as well as the business's trust accounts.
real estate duties not requiring license - (answer)Delivery of a lease application or lease.
Receiving a lease or lease application for delivery to the principal broker, real estate firm, or owner.
Receiving a security deposit, rent payment or related payment for delivery to the principal broker, real
estate firm, or owner.
Acting under the direct written instructions of the principal broker, firm or owner in:
Showing a rental unit.
Assisting in the execution of a preprinted lease or rental agreement containing pre-established terms.
Conveying information regarding a lease transaction prepared by the principal broker, firm, or owner to
any person.
executive broker - (answer)a licensed broker employed and supervised by a principal broker as an
employee or independent contractor who can perform real estate services under the auspices of the
principal broker, but who also has the authority to supervise associate brokers and salespersons.
associate broker - (answer)licensed broker who, as an employee or independent contractor, may
perform real estate services under the supervision of a principal broker or executive broker. The
associate broker may not supervise any other licensee
to qualify for a Arkansas license - (answer)Be of majority age (18 years old).
Satisfy educational requirements.
Satisfy experience requirements.
Pass the appropriate licensing examination.
Demonstrate a record of professional conduct.
Provide evidence of honesty, trustworthiness and integrity.
Complete a criminal history background check.
,Arkansas Real Estate Exam 2025 Newest Prep Test Bank WithQuestions and Correct
Verified Answers / Arkansas Real Estate State Exam Prep/ Arkansas Real Estate Test 2025
Pay the appropriate fees.
requirement for brokers license - (answer)60 classroom hours in real estate within a 3-year period prior
to the date of application, documented by the approved school or other satisfactory evidence
Two years experience as a licensed Arkansas salesperson, or salesperson or broker from another state,
within the four-year period preceding the date of application
application procedure for initial licensure - (answer)for documentation evidencing fulfillment of the
requirements previously identified concerning education, experience, character, age, etc
submit payment for the non-refundable application fee as well as the license examination fee.
requested the criminal background check may then take the license examination
invalidate the results of exam and applicant must reapply an retest - (answer)Applicants who pass the
exam must pay the license fee and Real Estate Recovery Fund fee within 90 days from the date of the
examination. Failure to pay these fees will:
90 days following exam date - (answer)Upon successful completion of the examination, the applicant
must submit the proper forms and fees to the Commission no later than
a six-month extension - (answer)if an applicant fails one of the sections of the exam, he or she is granted
a _____ re-take and pass the failed portion. misses deadline he or she must re-take the entire exam.
if the examinee waits more than one year - (answer)he or she must re-take the exam and re-apply for
the license.
exempt from general portion of exam if: - (answer)They passed the general portion in another state,
subject to Commission approval; and
The passing grade for such section is no lower; and
The examinee is licensed in another state at the time he or she takes the Arkansas exam.
,Arkansas Real Estate Exam 2025 Newest Prep Test Bank WithQuestions and Correct
Verified Answers / Arkansas Real Estate State Exam Prep/ Arkansas Real Estate Test 2025
requirements for non-resident licensure are: - (answer)Meet the same requirements as residents; or
follow commissions non-resident regulations and meet requirements such as Affiliate with a resident or
non-resident principal broker licensed by the Commission etc.
If a resident or non-resident licensee terminates affiliation with a principal briker - (answer)the person's
license is terminated until such time as a re-affiliation occurs with another principal broker and the
nonresident/resident places his or her license on inactive status.
December 31 - (answer)All Arkansas real estate licenses, active or inactive, expire on___ even in the
initial year of licensure
september 30 - (answer)The deadline for renewing the license without paying additional fees
90 prior to expiration - (answer)the Commission will issue a renewed license upon receipt of the
application no later than
7 days - (answer)Inactive licensees must notify the Commission of any change in name or address within
To activate an inactive license - (answer)must complete 6 hours of CE for every year the licensee was
inactive, up to a total of 30 hours.
If a license has been expired in excess of 3 years - (answer)the reactivation requirement will be the same
as a new applicant.
to reactivate an expired license - (answer)submit a renewal application, pay the appropriate fee, and
satisfy continuing education and any other requirements
On or about July 15th - (answer)the Commission sends licensees notice to renew licenses for the
upcoming year.
, Arkansas Real Estate Exam 2025 Newest Prep Test Bank WithQuestions and Correct
Verified Answers / Arkansas Real Estate State Exam Prep/ Arkansas Real Estate Test 2025
in a specific topic identified by the Commission - (answer)At least one hour of the 6-hour requirement
will be
the first partial year, nor the following full year of licensure - (answer)New licensees are not required to
complete the CE requirement in:
At least one hour of the 6-hour requirement - (answer)will be in a specific topic identified by the
Commission (courses may not be taken twice to meet the requirement)
courses exempt from SBPCE approval are: - (answer)Courses offered by Realtor Associations or affiliated
councils.
Courses approved by the Commission.
3+-hour real estate-related courses offered by universities or colleges.
new salesperson requirement: - (answer)complete 18-hour AREC Post-license course w/in one year
following the end of the month of the date of the issuance of the initial license
new broker requirement - (answer)complete 30-hour broker course w/in 1 year following the end of the
month of the date of the issuance of the initial license. if the broker had completed the SP's post-license
course w/in 3 yrs prior to date of licensure, need only take an additional 12-hour course
no more than 30 days - (answer)Commission may issue temporary licenses pending issuance of the
permanent license, valid for __
When a licensee leaves the employment of a principal broker he/she must - (answer)immediately
surrender his or her pocket card to the principal broker
7 days following the termination - (answer)principal broker must within _____ notify the Commission of
the termination, and surrender the license and card to the Commission. This automatically de-activates
the license
