(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.
Structure Arkansas Code
Title 17 - Professions, Occupations, and Businesses
Subtitle 2 - Nonmedical Professions
Chapter 42 - Real Estate License Law
Subchapter 5 - Renewal of Licenses
§ 17-42-501. Real estate education program
§ 17-42-504. Requirements — Mandatory real estate education
§ 17-42-505. Civil penalties — Jurisdiction
§ 17-42-506. Powers and duties
§ 17-42-507. Disposition of funds
§ 17-42-508. Subpoenas and subpoenas duces tecum
§ 17-42-509. Issuance or denial of license
§ 17-42-511. License application procedure
§ 17-42-513. Approval of courses and course content
§ 17-42-516. Investigation of complaint — Penalties