Arkansas Real Estate Exam – 2021🏠 (60 Questions with Explained Answers)
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In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this includes about 60-80 state-specific questions and about 80-100 questions related to generally universal real estate concepts. You will have between 2-4 hours to complete your exam.
This Arkansas Real Estate Exam 2021 will cover many of the following topics such as:
The real estate business
License Law and Qualifications for Licensure
Real Estate License Law and Commission Rules
Authorized Relationships, Duties, and Disclosures
Real Estate Brokerage Activities and Procedures
Violations of License Law, Penalties, and Procedures
Federal and State Laws Pertaining to Real Estate
Property Rights: Estates, Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations, and Time-Sharing
Titles, Deeds, and Ownership Restrictions
Legal Descriptions
Real Estate Contracts
Residential Mortgages
Real Estate Related Computations and Closing of Transactions
Real Estate Markets and Analysis
Real Estate Appraisal
Real Estate Investments and Business Opportunity Brokerage
Taxes Affecting Real Estate
Planning and Zoning
Brokers exam contents:
Real Estate Brokerage Business
Valuing Real Property
Listing and Selling Real Property
Contracts
Financing
Closing Transactions
Federal Income Tax Laws
Investment
Zoning and Planning
Environmental Issues
Property Management
The Real Estate Market
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