Arkansas License Law
Which of the following is NOT an exemption from Arkansas real estate licensing requirements?
AA person selling their own property
BA licensed attorney performing real estate services incidental to their legal practice
CA property manager who collects rent and negotiates leases for multiple owners✓ Correct
DA court-appointed receiver managing foreclosed property
Explanation
A property manager who collects rent and negotiates leases on behalf of multiple property owners is performing activities that require a real estate license in Arkansas. Managing property for others for compensation is not exempt.
Related Arkansas Arkansas License Law Questions
- An Arkansas salesperson who performs real estate services without an active license is:
- Under the Arkansas Property Disclosure Act, when must the seller's disclosure be provided to the buyer?
- Which of the following is grounds for disciplinary action by AREC against a licensee?
- Who is primarily responsible for the actions of all affiliated licensees operating within a real estate firm in Arkansas?
- What is the minimum pre-licensing education requirement for an Arkansas salesperson applicant?
- An Arkansas real estate license must be renewed every:
- Which of the following activities requires a real estate license in Arkansas?
- What happens to a real estate license if the licensee moves to a new state permanently?
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