Agency
An Arkansas real estate agent's E&O (errors and omissions) insurance covers:
AIntentional fraud committed by the agent
BProfessional errors and negligent acts committed during the performance of licensed real estate services✓ Correct
CAREC disciplinary fines and penalties
DCriminal prosecution costs
Explanation
E&O insurance covers negligent professional acts, errors, or omissions made during the performance of real estate services. It does not cover intentional fraud, criminal acts, or AREC administrative penalties.
Related Arkansas Agency Questions
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