Powers and duties

Ark. Code Ann. § 17-42-506 — under Real Estate License Law.

Ark. Code Ann. § 17-42-506

(a) The Arkansas Real Estate Commission may adopt rules as necessary to implement this subchapter.

(b) The commission shall license, approve, and regulate schools, associations, principal instructors, and associate instructors offering commission-approved prelicense, postlicense, and continuing education courses offered to satisfy education requirements for licensure under this chapter.

(c) The commission shall establish the licensing or education requirements for:(1) A school or association that applies for a license to offer courses that satisfy the education requirements for licensure under this chapter;(2) Principal and associate instructors of courses approved by the commission;(3) Courses that satisfy the education requirements for applicants for licensure under this chapter, real estate licensees, and property management licensees; and(4) Guest speakers of courses approved by the commission.

(1) A school or association that applies for a license to offer courses that satisfy the education requirements for licensure under this chapter;

(2) Principal and associate instructors of courses approved by the commission;

(3) Courses that satisfy the education requirements for applicants for licensure under this chapter, real estate licensees, and property management licensees; and

(4) Guest speakers of courses approved by the commission.

(d) The commission shall:(1) Establish procedural guidelines for licensed schools and their locations and those providing real estate or property management education designed for students to meet the education requirements for a real estate license or property management license issued by the commission;(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate or property management courses and seminars for real estate or property management licensees or instructors of real estate or property management education;(3) Maintain in electronic format a list of the names of approved schools, associations, administrators, instructors, and courses approved under this subchapter;(4) Publish in electronic format the names of the persons, associations, or schools that have been sanctioned by formal hearing or consent order under this subchapter;(5) Periodically monitor courses offered or taught by the licensed schools and instructors; and(6) Establish course requirements with respect to:(A) Accessibility;(B) Attendance;(C) Satisfactory completion;(D) Curricula; and(E) Student license or applicant type.

(1) Establish procedural guidelines for licensed schools and their locations and those providing real estate or property management education designed for students to meet the education requirements for a real estate license or property management license issued by the commission;

(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate or property management courses and seminars for real estate or property management licensees or instructors of real estate or property management education;

(3) Maintain in electronic format a list of the names of approved schools, associations, administrators, instructors, and courses approved under this subchapter;

(4) Publish in electronic format the names of the persons, associations, or schools that have been sanctioned by formal hearing or consent order under this subchapter;

(5) Periodically monitor courses offered or taught by the licensed schools and instructors; and

(6) Establish course requirements with respect to:(A) Accessibility;(B) Attendance;(C) Satisfactory completion;(D) Curricula; and(E) Student license or applicant type.

(A) Accessibility;

(B) Attendance;

(C) Satisfactory completion;

(D) Curricula; and

(E) Student license or applicant type.