Arkansas License Law
An Arkansas real estate salesperson may receive a commission or compensation from whom?
ADirectly from the buyer or seller
BOnly from their principal broker✓ Correct
CFrom any party to the transaction
DFrom the cooperating broker in the transaction
Explanation
In Arkansas, a salesperson may only receive compensation through their principal broker. Direct payment from a buyer, seller, or other party to the salesperson is not permitted.
Related Arkansas Arkansas License Law Questions
- The Arkansas Real Estate License Law requires that a listing contract be:
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- How many hours of continuing education must an Arkansas salesperson complete each renewal cycle?
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- AREC has the authority to take which of the following actions against a licensee found guilty of misrepresentation?
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