§ 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.

Legislative History

Acts 1993, No. 690, § 7; 1995, No. 1285, § 1; 2001, No. 535, § 1; 2005, No. 657, § 2.