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17-42-306. Application procedure — Licensing examination required.

Arkansas Code — all titles (historical 2020) · legal_authorities

17-42-306. Application procedure — Licensing examination required.

17-42-306. Application procedure — Licensing examination required. (a)(1) Applications for licensure shall be submitted on forms provided by the Arkansas Real Estate Commission. (2) The commission may require any information and documentation needed to determine if the applicant meets the criteria for licensure as provided in this chapter. (3) Each applicant shall pay an application fee and examination fee as the commission may require under § 17-42-304. (4)(A) Applicants that have provided all required information and documentation to the commission may sit for the licensing examination, if a request has been sent to the Identification Bureau of the Department of Arkansas State Police for a state and federal criminal background check. (B) A real estate license shall not be issued until the applicant has successfully completed the licensing examination and the commission receives and approves the state and federal criminal background check. (b)(1)(A) An applicant who successfully completes the licensing examination shall pay, within ninety (90) days from the date of the licensing examination, such license fee and Real Estate Recovery Fund fee as the commission may require under § 17-42-304. (B)(i) If the federal criminal background check has not been received by the commission within ninety (90) days of the date of the licensing examination, the date may be extended by the commission until receipt of the federal criminal background check. (ii) A real estate license shall not be issued until receipt and approval by the commission of the state and federal criminal background checks. (2) The applicant's failure to pay the license fee and Real Estate Recovery Fund fee within the ninety-day period under subdivision (b)(1)(A) of this section shall invalidate

Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-42-306

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Stable record: arkansas_code:legal_authorities:17-42-306
Source file: gov.ar.code.title.17.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f700f7314232a49eced8fbc7a7f3d2b1320184fa34481ff338f6f7fb46ec13cc

Source location: content.xml paragraph 15302

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17-42-306. Application procedure — Licensing examination required. (a)(1) Applications for licensure shall be submitted on forms provided by the Arkansas Real Estate Commission. (2) The commission may require any information and documentation needed to determine if the applicant meets the criteria for licensure as provided in this chapter. (3) Each applicant shall pay an application fee and examination fee as the commission may require under § 17-42-304. (4)(A) Applicants that have provided all required information and documentation to the commission may sit for the licensing examination, if a request has been sent to the Identification Bureau of the Department of Arkansas State Police for a state and federal criminal background check. (B) A real estate license shall not be issued until the applicant has successfully completed the licensing examination and the commission receives and approves the state and federal criminal background check. (b)(1)(A) An applicant who successfully completes the licensing examination shall pay, within ninety (90) days from the date of the licensing examination, such license fee and Real Estate Recovery Fund fee as the commission may require under § 17-42-304. (B)(i) If the federal criminal background check has not been received by the commission within ninety (90) days of the date of the licensing examination, the date may be extended by the commission until receipt of the federal criminal background check. (ii) A real estate license shall not be issued until receipt and approval by the commission of the state and federal criminal background checks. (2) The applicant's failure to pay the license fee and Real Estate Recovery Fund fee within the ninety-day period under subdivision (b)(1)(A) of this section shall invalidate the licensing examination results, and the applicant shall be required to make new application and retake the licensing examination as an original applicant.

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Arkansas Code — all titles (historical 2020) · legal_authorities

17-42-304. Fees.

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 dollars ($50.00); (2) An original broker's license fee not to exceed eighty dollars ($80.00); (3) A broker's license annual renewal fee not to exceed eighty dollars ($80.00); (4) An original salesperson's license fee not to exceed sixty dollars ($60.00); (5) A salesperson's license annual renewal fee not to exceed sixty dollars ($60.00); (6) A broker's expired license fee not to exceed one hundred ten dollars ($110) per year or fraction thereof; (7) A salesperson's expired license fee not to exceed eighty dollars ($80.00) per year or fraction thereof; (8) A license reissuance fee not to exceed thirty dollars ($30.00); (9) An initial duplicate license fee not to exceed thirty dollars ($30.00); (10) A duplicate license annual renewal fee not to exceed thirty dollars ($30.00); (11) A transfer fee not to exceed thirty dollars ($30.00); (12)(A) An examination fee not to exceed seventy-five dollars ($75.00). (B) However, the commission at its discretion may direct each applicant to pay the actual costs of the examination fee directly to a testing service engaged by the commission to administer the examination; (13) Pursuant to § 17-42-313, an appeal filing fee not to exceed one hundred dollars ($100); (14) A Real Estate Recovery Fund fee not to exceed twenty-five dollars ($25.00); and (15) The actual cost of a state and federal criminal history background check.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-42-304

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 17-42-304. This identifies an authority to review, not proof of applicability.