Arkansas Code Title 17, Subtitle 2, Chapter 42, Subchapter 3 - Licenses

• § 17-42-301 - License Required -- Violations.
  (a) No person shall practice or represent himself or herself as a real estate broker or salesperson without first applying for and receiving a...
• § 17-42-302 - Issuance or Denial of License.
  (a) The Arkansas Real Estate Commission shall issue a license to any applicant who meets the following requirements: (1) Attainment of the age of...
• § 17-42-303 - Education and Experience Requirements.
  (a) The Arkansas Real Estate Commission shall establish education requirements for licensure, including the standards and procedures for approval of education programs, subject to...
• § 17-42-304 - Fees.
  The Arkansas Real Estate Commission shall have authority to establish, charge, and collect the following fees: (1) An application fee not to exceed fifty...
• § 17-42-305 - Nonresident License Requirements.
  (a) In order to be licensed in Arkansas a nonresident must: (1) Either: (A) Meet the requirements of § 17-42-302; or (B) Show satisfactory...
• § 17-42-306 - Application Procedure -- Licensing Examination Required.
  (a) (1) Applications for licensure must be submitted on forms provided by the Arkansas Real Estate Commission. (2) The commission may require any information...
• § 17-42-307 - Expiration and Renewal.
  (a) Every license shall expire on a date established by the Arkansas Real Estate Commission.(b) (1) A broker or salesperson shall complete annually: (A)...
• § 17-42-308 - Inactive License.
  (a) (1) A licensee may place his or her license on inactive status. (2) The holder of an inactive license shall not practice as...
• § 17-42-309 - Place of Business.
  (a) Every principal broker shall maintain a place of business and shall display a permanently attached sign bearing the name under which the broker...
• § 17-42-310 - Change of Name or Address -- Lost License or Card.
  (a) (1) When a licensee changes his or her name, place of business, or address shown on the license, or loses a license or...
• § 17-42-311 - Violations.
  (a) The following acts, conduct, or practices are prohibited, and any licensee found guilty shall be subject to disciplinary action as provided in §...
• § 17-42-312 - Investigation of Complaint -- Citations -- Penalties.
  (a) (1) The Arkansas Real Estate Commission may, on its own motion, and shall, upon the verified complaint in writing of any person, provided...
• § 17-42-313 - Dismissal of Complaint -- Appeal.
  (a) Any person whose complaint against a licensed real estate broker or salesperson is dismissed by the Executive Director of the Arkansas Real Estate...
• § 17-42-314 - Hearings.
  (a) Proceedings under § 17-42-312 and hearings on denials of licenses shall be conducted pursuant to the Arkansas Administrative Procedure Act, § 25-15-201 et...
• § 17-42-315 - Criminal Background Check.
  (a) (1) Beginning January 1, 2006, the Arkansas Real Estate Commission may require each original applicant for a license issued by the commission to...
• § 17-42-316 - Agency Relationship and Duties Generally.
  (a) The common law of agency under Arkansas as supplemented by this section applies to the relationship between a licensee and the licensee's client.(b)...
• § 17-42-317 - Representing Seller or Lessor in an Agency Relationship.
  (a) When representing a seller or lessor in an agency relationship, a licensee shall: (1) (A) Use reasonable efforts to obtain a purchase or...
• § 17-42-318 - Representing Buyer or Lessee in an Agency Relationship.
  (a) When representing a buyer or lessee in an agency relationship, a licensee shall: (1) (A) Use reasonable efforts to locate a property at...
• § 17-42-319 - Waiver of Agency Duties.
  (a) A licensee shall perform the duties required under § 17-42-317 or § 17-42-318 unless the client agrees to waive these duties and signs...

Last modified: November 15, 2016