Arkansas Real Estate Study guides, Class notes & Summaries

principal broker - an individual who performs certain real estate services for another party for compensation. ultimately responsible for the company's activities, notably the activities of other licensees as well as the business's trust accounts. real estate duties not requiring license - Delivery of a lease application or lease. Receiving a lease or lease application for delivery to the principal broker, real estate firm, or owner. Receiving a security deposit, rent paym...

ARKANSAS REAL ESTATE EXAM 2024 Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres - Answer -2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show his assurance of title? A. Special B. Quit...

ARKANSAS REAL ESTATE EXAM 2024 WITH COMPLETE SOLUTION GUIDE;100% VERIFIED

ARKANSAS RE state exam Questions and Answers 100% Pass As a licensee, you'll have several tasks you must perform for your buyer client. One of these tasks is to - Correct Answer ️️ -review transaction documents with the buyer, clarifying anything that could be confusing, without stepping outside the scope of your license Wyatt is a licensed broker and an appointed member of the Arkansas real estate commission. All of the following are a part of his duties and responsibilities as a me...

Arkansas Real Estate Broker Exam Questions and Answers Maximum amount due for a filing fee of a time share interval project - Correct Answer ️️ -$1,000 Time share annual renewal fee - Correct Answer ️️ -$500 A timeshare developer found guilty of a timeshare law in fraction can be fined up to imprisoned for how long - Correct Answer ️️ -$5000 and one year Real estate sales person's license expire when - Correct Answer ️️ -December 31 of each year Who is generally respons...

Arkansas Real Estate Exam Questions and Answers 100% Pass principal broker - Correct Answer ️️ -an individual who performs certain real estate services for another party for compensation. ultimately responsible for the company's activities, notably the activities of other licensees as well as the business's trust accounts. real estate duties not requiring license - Correct Answer ️️ -Delivery of a lease application or lease. Receiving a lease or lease application for delivery t...

Arkansas Real Estate State Exam Prep Questions and Answers 100% Pass Commission meetings: a. Are whenever possible b. Are on the first Monday following the second Tuesday of every month c. Can be called by a majority d. Are twice a year at a time designated by the commission - Correct Answer ️️ -C. Can be called by a majority Meetings of the commission are held: a. At the commission's office b. At the board room c. In private d. At a public facility - Correct Answer ️️ -A. A...

Arkansa Real Estate Law Exam Questions and Answers 100% Pass A real estate office may not be located where? a. the salesperson's home b. a real estate school c. an office building d. a mobile home - Correct Answer ️️ -A. A Salesperson cannot have a firm - Principal Broker only. All of the locations listed are acceptable Which one of the following is not a $30 fee? a. application for a salesperson's license b. transfer from one company to another c. replacement of a lost license or ...

AR Real Estate License Law Section Questions and Answers 100% Pass Broker Jones is hired to manage an apartment complex. Jones pays the resident manager for handling the leasing of units. - Correct Answer ️️ -No license is required for the resident manager How many of the real estate commissioners are in the real estate business? - Correct Answer ️️ -Three After the Real Estate Commission has awarded money from the Recovery Fund, the licensee involved may appeal the decision to t...

Arkansas Real Estate Exam Questions and Answers 100% Pass Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres - Correct Answer ️️ -2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show ...