(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) Not less than six (6) or more than seven (7) classroom hours of continuing education required by the commission with at least one (1) classroom hour focusing on personal safety precautions for real estate agents;(B) The distance education equivalent of subdivision (b)(1)(A) of this section required by the commission; or(C) A course that the commission has determined to demonstrate mastery of an acceptable real estate subject.(2) A licensee who satisfies subdivision (b)(1) of this section completes the continuing education requirements for the licensing year.(3) If a licensee files for renewal of a license but fails to provide proof of continuing education, the licensee's license is inactive until proof is provided to the commission.(4) The commission may promulgate rules to add additional hours of continuing education to the annual amount required under subdivision (b)(1)(A) of this section with no statutory maximum for hours of continuing education.
(1) A broker or salesperson shall complete annually:(A) Not less than six (6) or more than seven (7) classroom hours of continuing education required by the commission with at least one (1) classroom hour focusing on personal safety precautions for real estate agents;(B) The distance education equivalent of subdivision (b)(1)(A) of this section required by the commission; or(C) A course that the commission has determined to demonstrate mastery of an acceptable real estate subject.
(A) Not less than six (6) or more than seven (7) classroom hours of continuing education required by the commission with at least one (1) classroom hour focusing on personal safety precautions for real estate agents;
(B) The distance education equivalent of subdivision (b)(1)(A) of this section required by the commission; or
(C) A course that the commission has determined to demonstrate mastery of an acceptable real estate subject.
(2) A licensee who satisfies subdivision (b)(1) of this section completes the continuing education requirements for the licensing year.
(3) If a licensee files for renewal of a license but fails to provide proof of continuing education, the licensee's license is inactive until proof is provided to the commission.
(4) The commission may promulgate rules to add additional hours of continuing education to the annual amount required under subdivision (b)(1)(A) of this section with no statutory maximum for hours of continuing education.
(c) (1) A property management broker or property management associate shall complete annually:(A) Not less than six (6) classroom hours nor more than seven (7) classroom hours of continuing education required by the commission, with at least one (1) classroom hour focusing on safety;(B) The distance education equivalent of subdivision (c)(1)(A) of this section required by the commission; or(C) A course that the commission has determined to demonstrate mastery of an acceptable property management subject.(2) A licensee who satisfies subdivision (c)(1) of this section completes the continuing education requirements for the licensing year.(3) If a licensee files for renewal of a license but fails to provide proof of continuing education, the licensee's license is inactive until proof is provided to the commission.
(1) A property management broker or property management associate shall complete annually:(A) Not less than six (6) classroom hours nor more than seven (7) classroom hours of continuing education required by the commission, with at least one (1) classroom hour focusing on safety;(B) The distance education equivalent of subdivision (c)(1)(A) of this section required by the commission; or(C) A course that the commission has determined to demonstrate mastery of an acceptable property management subject.
(A) Not less than six (6) classroom hours nor more than seven (7) classroom hours of continuing education required by the commission, with at least one (1) classroom hour focusing on safety;
(B) The distance education equivalent of subdivision (c)(1)(A) of this section required by the commission; or
(C) A course that the commission has determined to demonstrate mastery of an acceptable property management subject.
(2) A licensee who satisfies subdivision (c)(1) of this section completes the continuing education requirements for the licensing year.
(3) If a licensee files for renewal of a license but fails to provide proof of continuing education, the licensee's license is inactive until proof is provided to the commission.
(d) (1) Except as provided under subdivision (d)(3) of this section, to renew or reactivate a license, a licensee shall complete the number of classroom hours of continuing education or the distance education equivalent of continuing education required by the commission for each inactive year not to exceed a total of thirty (30) classroom hours.(2) Except as provided in subdivision (d)(1) of this section, a person is not subject to the education requirements of this section while the person's license is inactive.(3) (A) In addition to the continuing education exemptions under subdivision (d)(3)(B) of this section, the Executive Director of the Arkansas Real Estate Commission may waive all or part of the requirements of subdivision (d)(1) of this section:(i) If a licensee is unable to complete the continuing education due to extenuating circumstances;(ii) On the basis of health-related concerns or restrictions of the licensee; or(iii) In recognition of a licensee's achievements, including without limitation achievements relating to the real estate industry or legislative service.(B) (i) A salesperson licensee or an associate broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a salesperson license or an associate broker license, the salesperson licensee or the associate broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas salesperson or an active Arkansas associate broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against him or her by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license; and (d) Had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license.(ii) A principal broker licensee or an executive broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a principal broker license or an executive broker license, the principal broker licensee or an executive broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas principal broker license or an active Arkansas executive broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against himself or herself or a licensee under his or her supervision by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license; and (d) Had had no delinquent continuing education requirements himself or herself or a licensee under his or her supervision had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license.(4) A continuing education exemption approved by the executive director under subdivision (d)(3) of this section may be revoked as a result of disciplinary action taken against a licensee after approval is granted.(5) A continuing education exemption denied by the executive director under subdivision (d)(3) of this section may be appealed to the commission.(6) Except as provided under subdivision (d)(3) of this section, an executive broker licensee, a principal broker licensee, an associate broker licensee, or a salesperson licensee is not exempt from the requirements of subdivision (d)(1) of this section.
(1) Except as provided under subdivision (d)(3) of this section, to renew or reactivate a license, a licensee shall complete the number of classroom hours of continuing education or the distance education equivalent of continuing education required by the commission for each inactive year not to exceed a total of thirty (30) classroom hours.
(2) Except as provided in subdivision (d)(1) of this section, a person is not subject to the education requirements of this section while the person's license is inactive.
(3) (A) In addition to the continuing education exemptions under subdivision (d)(3)(B) of this section, the Executive Director of the Arkansas Real Estate Commission may waive all or part of the requirements of subdivision (d)(1) of this section:(i) If a licensee is unable to complete the continuing education due to extenuating circumstances;(ii) On the basis of health-related concerns or restrictions of the licensee; or(iii) In recognition of a licensee's achievements, including without limitation achievements relating to the real estate industry or legislative service.(B) (i) A salesperson licensee or an associate broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a salesperson license or an associate broker license, the salesperson licensee or the associate broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas salesperson or an active Arkansas associate broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against him or her by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license; and (d) Had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license.(ii) A principal broker licensee or an executive broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a principal broker license or an executive broker license, the principal broker licensee or an executive broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas principal broker license or an active Arkansas executive broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against himself or herself or a licensee under his or her supervision by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license; and (d) Had had no delinquent continuing education requirements himself or herself or a licensee under his or her supervision had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license.
(A) In addition to the continuing education exemptions under subdivision (d)(3)(B) of this section, the Executive Director of the Arkansas Real Estate Commission may waive all or part of the requirements of subdivision (d)(1) of this section:(i) If a licensee is unable to complete the continuing education due to extenuating circumstances;(ii) On the basis of health-related concerns or restrictions of the licensee; or(iii) In recognition of a licensee's achievements, including without limitation achievements relating to the real estate industry or legislative service.
(i) If a licensee is unable to complete the continuing education due to extenuating circumstances;
(ii) On the basis of health-related concerns or restrictions of the licensee; or
(iii) In recognition of a licensee's achievements, including without limitation achievements relating to the real estate industry or legislative service.
(B) (i) A salesperson licensee or an associate broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a salesperson license or an associate broker license, the salesperson licensee or the associate broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas salesperson or an active Arkansas associate broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against him or her by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license; and (d) Had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license.(ii) A principal broker licensee or an executive broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a principal broker license or an executive broker license, the principal broker licensee or an executive broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas principal broker license or an active Arkansas executive broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against himself or herself or a licensee under his or her supervision by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license; and (d) Had had no delinquent continuing education requirements himself or herself or a licensee under his or her supervision had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license.
(i) A salesperson licensee or an associate broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a salesperson license or an associate broker license, the salesperson licensee or the associate broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas salesperson or an active Arkansas associate broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against him or her by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license; and (d) Had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license.
(a) Was seventy-two (72) years of age or older;
(b) Had held an active Arkansas salesperson or an active Arkansas associate broker license for a consecutive twenty-five (25) years or more;
(c) Had had no disciplinary action taken against him or her by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license; and
(d) Had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her salesperson license or associate broker license.
(ii) A principal broker licensee or an executive broker licensee may submit a written application to the commission for exemption from the requirements of subdivision (d)(1) of this section with satisfactory proof that, in the calendar year immediately preceding the renewal or reactivation of a principal broker license or an executive broker license, the principal broker licensee or an executive broker licensee: (a) Was seventy-two (72) years of age or older; (b) Had held an active Arkansas principal broker license or an active Arkansas executive broker license for a consecutive twenty-five (25) years or more; (c) Had had no disciplinary action taken against himself or herself or a licensee under his or her supervision by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license; and (d) Had had no delinquent continuing education requirements himself or herself or a licensee under his or her supervision had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license.
(a) Was seventy-two (72) years of age or older;
(b) Had held an active Arkansas principal broker license or an active Arkansas executive broker license for a consecutive twenty-five (25) years or more;
(c) Had had no disciplinary action taken against himself or herself or a licensee under his or her supervision by the commission during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license; and
(d) Had had no delinquent continuing education requirements himself or herself or a licensee under his or her supervision had had no delinquent continuing education requirements under subdivision (d)(1) of this section during the five (5) years immediately preceding the renewal or reactivation period of his or her principal broker license or executive broker license.
(4) A continuing education exemption approved by the executive director under subdivision (d)(3) of this section may be revoked as a result of disciplinary action taken against a licensee after approval is granted.
(5) A continuing education exemption denied by the executive director under subdivision (d)(3) of this section may be appealed to the commission.
(6) Except as provided under subdivision (d)(3) of this section, an executive broker licensee, a principal broker licensee, an associate broker licensee, or a salesperson licensee is not exempt from the requirements of subdivision (d)(1) of this section.
(e) (1) For each active licensee, the commission shall issue a new license for each ensuing renewal period in the absence of a reason or condition that may warrant the refusal of a license, upon receipt of the:(A) Written request for license renewal at least ninety (90) days before the expiration of the license upon forms provided by the commission; and(B) Renewal fee.(2) (A) A broker, salesperson, property management associate, or property management broker who does not wish to engage in the real estate or property management business may renew a license on inactive status in the absence of a reason or condition that may warrant the refusal of a license upon receipt of the:(i) Written request of the applicant at least ninety (90) days before the expiration of the license upon forms provided by the commission; and(ii) Renewal fee.(B) The commission may limit the number of renewal periods in which a license may be renewed on inactive status.(C) The renewal fee for inactive status is the same as for renewal of an active license.(3) An application for renewal filed after the date established by the commission to renew a license is treated as an application to renew an expired license.
(1) For each active licensee, the commission shall issue a new license for each ensuing renewal period in the absence of a reason or condition that may warrant the refusal of a license, upon receipt of the:(A) Written request for license renewal at least ninety (90) days before the expiration of the license upon forms provided by the commission; and(B) Renewal fee.
(A) Written request for license renewal at least ninety (90) days before the expiration of the license upon forms provided by the commission; and
(B) Renewal fee.
(2) (A) A broker, salesperson, property management associate, or property management broker who does not wish to engage in the real estate or property management business may renew a license on inactive status in the absence of a reason or condition that may warrant the refusal of a license upon receipt of the:(i) Written request of the applicant at least ninety (90) days before the expiration of the license upon forms provided by the commission; and(ii) Renewal fee.(B) The commission may limit the number of renewal periods in which a license may be renewed on inactive status.(C) The renewal fee for inactive status is the same as for renewal of an active license.
(A) A broker, salesperson, property management associate, or property management broker who does not wish to engage in the real estate or property management business may renew a license on inactive status in the absence of a reason or condition that may warrant the refusal of a license upon receipt of the:(i) Written request of the applicant at least ninety (90) days before the expiration of the license upon forms provided by the commission; and(ii) Renewal fee.
(i) Written request of the applicant at least ninety (90) days before the expiration of the license upon forms provided by the commission; and
(ii) Renewal fee.
(B) The commission may limit the number of renewal periods in which a license may be renewed on inactive status.
(C) The renewal fee for inactive status is the same as for renewal of an active license.
(3) An application for renewal filed after the date established by the commission to renew a license is treated as an application to renew an expired license.
(f) If a person to whom a valid license has been issued permits the license to expire for a period not in excess of that established by the commission, the commission shall issue to the person a current license without requiring the person to submit to an examination if the person furnishes the information required by the commission, including proof of completion of appropriate continuing education requirements, and pays the fee required by the commission.
(g) (1) New salesperson, property management associate, property management broker, and real estate broker licensees shall complete post-licensure education under § 17-42-303(c).(2) If the licensee fails to complete the post-licensure education requirements within six (6) months after the date the license was issued, the commission shall place the license on inactive status until the commission receives documentation that the licensee has completed the post-licensure education requirements.
(1) New salesperson, property management associate, property management broker, and real estate broker licensees shall complete post-licensure education under § 17-42-303(c).
(2) If the licensee fails to complete the post-licensure education requirements within six (6) months after the date the license was issued, the commission shall place the license on inactive status until the commission receives documentation that the licensee has completed the post-licensure education requirements.