Arkansas § 17-42-512 Term of license

Arkansas Statutes

§ 17-42-512 — Term of license

(a)A license is issued for a term of one (1) year.

(b)(1) The Arkansas Real Estate Commission shall issue approval for renewal of a license in the absence of a reason or condition that may warrant the refusal of the renewal on receipt of a renewal request thirty (30) days before the expiration of the license.

(2)A late fee applies to applications received after the renewal deadline.

(c)(1) A licensee who has not applied for renewal or whose renewal application did not meet the requirements for renewal shall be notified by the commission.

(2)If a license is not renewed by the date of its expiration, an application submitted for renewal of the license is considered a new application for licensure.

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(a) A license is issued for a term of one (1) year. (b) (1) The Arkansas Real Estate Commission shall issue approval for renewal of a license in the absence of a reason or condition that may warrant the refusal of the renewal on receipt of a renewal request thirty (30) days before the expiration of the license. (2) A late fee applies to applications received after the renewal deadline. (c) (1) A licensee who has not applied for renewal or whose renewal application did not meet the requirements for renewal shall be notified by the commission. (2) If a license is not renewed by the date of its expiration, an application submitted for renewal of the license is considered a new application for licensure.

Arkansas § 17-42-512 (Term of license) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.