Arkansas License Law
AREC's authority to regulate real estate practitioners derives from:
AFederal real estate law
BThe Arkansas Real Estate License Law enacted by the Arkansas General Assembly✓ Correct
CThe National Association of REALTORS® membership agreement
DLocal municipal ordinances
Explanation
AREC's regulatory authority is granted by the Arkansas General Assembly through the Arkansas Real Estate License Law (A.C.A. Title 17, Chapter 42). AREC operates as a state administrative agency under this statutory authority.
Related Arkansas Arkansas License Law Questions
- Which of the following is NOT an exemption from Arkansas real estate licensing requirements?
- How many hours of continuing education (CE) are required for Arkansas license renewal, and what topic must be included?
- A real estate licensee in Arkansas who performs property management activities must:
- Which of the following activities requires a real estate license in Arkansas?
- How many hours of continuing education must an Arkansas licensee complete each two-year renewal period?
- AREC may accept a complaint against a licensee from:
- Which entity appoints the members of the Arkansas Real Estate Commission?
- A salesperson in Arkansas wishes to operate independently without being affiliated with a broker. Under Arkansas law, this is:
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