ARKANSAS REAL ESTATE EXAM PREP
QUESTIONS WITH ANSWERS
The members of the AREC are - CORRECT ANSWERS
✔✔Appointed by the governor of the state of Arkansas
Who investigates and disciplines real estate licensees
who have violated real estate licensing laws and
regulations? - CORRECT ANSWERS ✔✔The
AREC(ARKANSAS REAL ESTATE COMMISSION
if THE arec finds AN UNLICENSED INDIVIDUAL HAS BEEN
LISTING A PROPERTY FOR A FEE, THE COMMISSIONERS
MAY... - CORRECT ANSWERS ✔✔IMPOSE A CIVIL PENALTY
OF NO MORE THAN $5K ADN MAY REQUIRE
REIMBURSEMENT OF ALL COMPENSATION
The term of an AREC commissioner appointment is how
many years? - CORRECT ANSWERS ✔✔Three years
Thye mission of the AREC is to - CORRECT ANSWERS
✔✔Protect the public health, safety and welfare
, Who may insitute criminal proceedings against a person
practicing real estate without a license in Arkansas? -
CORRECT ANSWERS ✔✔Any licensed person residing in
the state of Arkansas
Bo holds an active associate broker's license in Arkansas.
Bo may supervise who? - CORRECT ANSWERS ✔✔No
other licensee, including himself
Under what circumstances would an unlicensed office
manager be allowed to show a rental unit to a
prospective tenant in a property managed by the office
manager employer, a principal broker? - CORRECT
ANSWERS ✔✔When under written instructions from the
owner
The AREC executive director may NOT exercise -
CORRECT ANSWERS ✔✔rule-making and adjudicative
powers
Three of the AREC members must - CORRECT ANSWERS
✔✔have been licensed in Arkansas for the last 5 years
The Investigations section of the AREC is responsible for
investigating complaints from consumers for alleged
QUESTIONS WITH ANSWERS
The members of the AREC are - CORRECT ANSWERS
✔✔Appointed by the governor of the state of Arkansas
Who investigates and disciplines real estate licensees
who have violated real estate licensing laws and
regulations? - CORRECT ANSWERS ✔✔The
AREC(ARKANSAS REAL ESTATE COMMISSION
if THE arec finds AN UNLICENSED INDIVIDUAL HAS BEEN
LISTING A PROPERTY FOR A FEE, THE COMMISSIONERS
MAY... - CORRECT ANSWERS ✔✔IMPOSE A CIVIL PENALTY
OF NO MORE THAN $5K ADN MAY REQUIRE
REIMBURSEMENT OF ALL COMPENSATION
The term of an AREC commissioner appointment is how
many years? - CORRECT ANSWERS ✔✔Three years
Thye mission of the AREC is to - CORRECT ANSWERS
✔✔Protect the public health, safety and welfare
, Who may insitute criminal proceedings against a person
practicing real estate without a license in Arkansas? -
CORRECT ANSWERS ✔✔Any licensed person residing in
the state of Arkansas
Bo holds an active associate broker's license in Arkansas.
Bo may supervise who? - CORRECT ANSWERS ✔✔No
other licensee, including himself
Under what circumstances would an unlicensed office
manager be allowed to show a rental unit to a
prospective tenant in a property managed by the office
manager employer, a principal broker? - CORRECT
ANSWERS ✔✔When under written instructions from the
owner
The AREC executive director may NOT exercise -
CORRECT ANSWERS ✔✔rule-making and adjudicative
powers
Three of the AREC members must - CORRECT ANSWERS
✔✔have been licensed in Arkansas for the last 5 years
The Investigations section of the AREC is responsible for
investigating complaints from consumers for alleged
