Arkansas License Law
Under Arkansas law, a broker who operates their own real estate office is called a:
AAssociate broker
BPrincipal broker✓ Correct
CManaging broker
DDesignated broker
Explanation
In Arkansas, the broker who is responsible for the real estate office and the licensees associated with it is referred to as the principal broker.
Related Arkansas Arkansas License Law Questions
- Which of the following CE topics is MANDATORY in every Arkansas renewal cycle?
- Under Arkansas law, when must a licensee provide an agency disclosure to a prospective buyer or seller?
- Under Arkansas law, which activity requires a real estate license?
- An Arkansas licensee who wishes to place their license on inactive status must notify whom?
- Arkansas law requires that all real estate trust accounts be maintained at:
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