Arkansas Real Estate Salesperson Exam — All Questions
9 questions
A person who passes the Arkansas salesperson examination may begin practicing real estate when:
- a.The applicant joins the Realtors association
- b.The applicant completes post-license education
- c.The exam score is posted
- d.The license is placed with and supervised by a principal broker✓
Passing the exam is one step; an Arkansas salesperson may conduct licensed activity only after the license is placed with a principal broker who supervises the salesperson. Post-license education is required during the first licensing period, but active practice begins when the license is affiliated with a principal broker.
An applicant for an Arkansas real estate salesperson license must complete prelicensing education of:
- a.Thirty classroom hours, all of it in the basic principles of real estate
- b.Sixty classroom hours, at least thirty in the basic principles of real estate✓
- c.Ninety classroom hours, at least sixty of which are in Arkansas license law
- d.One hundred twenty classroom hours of approved classroom or distance education
A salesperson applicant must show completion of courses in real estate by classroom attendance or approved distance education totalling not less than sixty classroom hours, of which at least thirty hours must be in the basic principles of real estate. Cite: 17 CAR Sec. 220-401(b)(2).
To satisfy the apprenticeship requirement for an Arkansas broker license, an applicant must have held an active salesperson or broker license for:
- a.Twelve months at any time before the date of application
- b.Eighteen months within the thirty-six-month period before applying
- c.Thirty-six months within the previous sixty-month period
- d.Twenty-four months within the previous forty-eight-month period✓
The broker experience requirement is an active, bona fide apprenticeship of not less than twenty-four months within the forty-eight-month period immediately preceding the date of application. Cite: Ark. Code Ann. Sec. 17-42-303(b)(1).
Arkansas broker applicants must complete at least sixty classroom hours within the thirty-six months before applying, and of those hours at least forty-five must be in:
- a.Any course offered by an accredited postsecondary institution
- b.Appraisal principles and the standards of professional practice
- c.A course developed by the Arkansas Real Estate Commission✓
- d.Property management supervision and best practices coursework
Broker applicants must complete not less than sixty classroom hours within the thirty-six months immediately preceding application, of which at least forty-five hours are in a course developed by the Commission. Cite: 17 CAR Sec. 220-401(a)(2).
On the Arkansas licensing examination, a broker applicant must achieve a minimum score of:
- a.Seventy on the general part and seventy-five on the Arkansas law part✓
- b.Seventy on the general part and seventy on the Arkansas law part
- c.Seventy-five on the general part and seventy-five on the Arkansas law part
- d.Eighty on the general part and eighty-five on the Arkansas law part
Broker applicants need a minimum score of seventy on the general part and seventy-five on the Arkansas law part; salesperson applicants need seventy on each part. Cite: 17 CAR Sec. 220-402(b)(1), (c)(1).
An Arkansas applicant who passes one part of the licensing examination but fails the other keeps credit for the part passed only if the failed part is retaken and passed within:
- a.Thirty days of the initial examination
- b.Ninety days of the initial examination
- c.Six months of the initial examination✓
- d.Two years of the initial examination
An applicant who passes either the Arkansas law part or the general part but fails the other need not retake the part passed if the failed part is retaken and passed within six months of the initial examination; otherwise the entire examination must be retaken. Cite: 17 CAR Sec. 220-402(d)(1).
An Arkansas applicant who passes the licensing examination must pay the license fee and Real Estate Recovery Fund fee within ninety days, or:
- a.The applicant is placed on inactive status until the fee is paid in full
- b.The examination results are void and the entire examination must be retaken✓
- c.A late fee of one hundred dollars is added to the license and recovery fund fee
- d.The Commission issues the license but holds back the licensee's pocket card
Failure to pay the license fee and Recovery Fund fee within ninety days of the examination invalidates the examination results, and the applicant must make new application and retake the examination as an original applicant. Cite: Ark. Code Ann. Sec. 17-42-306(b)(2).
A newly licensed Arkansas salesperson must complete a post-license education course consisting of:
- a.Six classroom hours
- b.Nine classroom hours
- c.Thirty-six classroom hours
- d.Eighteen classroom hours✓
Salespersons must complete an eighteen-classroom-hour post-license course; brokers must complete the thirty-classroom-hour broker course developed by the Commission. Cite: 17 CAR Sec. 220-1105(b), (c).
If an Arkansas licensee does not deliver proof of the post-license education course by the deadline, the license is:
- a.Placed on inactive status until satisfactory documentation is filed✓
- b.Revoked, and the licensee must reapply as an original applicant for licensure
- c.Suspended for six months and then automatically reinstated by the Commission
- d.Renewed with a probationary restriction noted on the face of the license
Documentation must reach the Commission no later than the end of the month six months following the date of initial licensure; if it does not, the license is placed on inactive status until the licensee files satisfactory documentation. Cite: 17 CAR Sec. 220-1105(f).