Arkansas License Law
Under Arkansas law, which of the following persons does NOT need a real estate license?
AA property manager who manages properties for multiple owners for a fee
BA resident manager who manages an apartment complex for a single owner as their primary employer✓ Correct
CAn agent who regularly leases commercial space for multiple clients
DA person who negotiates sales of business opportunities that include real property
Explanation
A resident manager who manages a single apartment complex as an employee (not an independent contractor) of one owner and receives a salary is exempt from Arkansas licensing requirements.
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