Arkansas Code Title 17, Subtitle 2, Chapter 42, Subchapter 1 - Real Estate License Law -- General Provisions

• § 17-42-101 - Title.
  This chapter shall be known as the "Real Estate License Law".
• § 17-42-102 - Legislative Findings and Intent.
  The legislature finds that it is necessary to regulate the practice of real estate brokers and salespersons in order to protect the public health,...
• § 17-42-103 - Definitions.
  As used in this chapter: (1) (A) "Associate broker" means an individual who has a broker's license and who is employed by a principal...
• § 17-42-104 - Exemptions.
  (a) This chapter does not apply to: (1) A person not licensed under this chapter who performs any of the acts described in §...
• § 17-42-105 - Violations and Criminal Sanctions.
  (a) It is unlawful to: (1) Engage in unlicensed real estate activity; or (2) Violate this chapter: (A) Individually; or (B) As an officer,...
• § 17-42-106 - Injunction.
  (a) If the Arkansas Real Estate Commission has reason to believe that a person has violated a provision of this chapter, the commission or...
• § 17-42-107 - Capacity to Sue and Be Sued.
  (a) An action or suit shall not be instituted, nor recovery be had, in any court of this state by any person or other...
• § 17-42-108 - Disclosure Requirement.
  (a) (1) In every real estate transaction involving a licensee, the licensee shall clearly disclose to all parties or to their agents which party...
• § 17-42-109 - Civil Penalties for Engaging in Unlicensed Real Estate Activity.
  (a) If after notice and a hearing in accordance with this chapter and the Arkansas Administrative Procedure Act, § 25-15-201 et seq., the Arkansas...
• § 17-42-110 - Broker's Price Opinions.
  (a) A licensee may prepare, provide, and collect a fee for issuing a broker's price opinion for: (1) An existing or potential seller for...

Last modified: November 15, 2016