Arkansas License Law
A branch office maintained by an Arkansas broker must:
AHave its own principal broker license
BBe registered with AREC and supervised by the principal broker or a designated supervising broker✓ Correct
CBe operated by a separate corporate entity
DMaintain a separate recovery fund
Explanation
Branch offices operated by an Arkansas broker must be registered with AREC. Each branch must be supervised by the principal broker or a designated associate broker/supervising broker approved by AREC.
Related Arkansas Arkansas License Law Questions
- Arkansas requires that a newly licensed salesperson complete which post-license education requirement?
- Under Arkansas license law, when must a broker present an offer to their seller-client?
- A licensee found guilty of commingling or conversion of client funds by AREC may face:
- AREC has the authority to take which of the following actions against a licensee found guilty of misrepresentation?
- Under Arkansas law, which of the following persons does NOT need a real estate license?
- An Arkansas real estate salesperson license must be renewed every:
- Which of the following best describes an associate broker in Arkansas?
- What is the minimum passing score on the Arkansas real estate licensing exam?
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →