Arkansas License Law
When a real estate licensee transfers to a new brokerage in Arkansas, what must happen to their license?
AThe old broker retains the license until renewal
BThe licensee must reapply for a new license
CThe license must be transferred to the new broker through AREC✓ Correct
DThe license automatically transfers upon giving notice to the old broker
Explanation
In Arkansas, a licensee's license must be formally transferred to the new principal broker through AREC. The licensee cannot practice real estate during the transfer period without the new broker's sponsorship being recorded.
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