Arkansas License Law
A person who receives a finder's fee for introducing a buyer to a seller in Arkansas without holding a real estate license is:
AExempt if the fee is under $1,000
BViolating the Arkansas Real Estate License Law by receiving compensation for a licensed activity without a license✓ Correct
CExempt if they also own real estate
DExempt if the buyer and seller both consent in writing
Explanation
Receiving a finder's fee or referral fee for introducing parties to a real estate transaction without a license violates Arkansas license law. Only licensed individuals may receive compensation for activities requiring a license.
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