Arkansas Real Estate Practice Exam

How much is the annual renewal fee for a duplicate license?

1. 25.00

2. 30.00

3. 100.00

4. Actual cost

The correct answer is: 30.00

The annual renewal fee for a duplicate license is $30.00. This is the set fee for all duplicate licenses, regardless of the type or classification of the license. Option A is incorrect because it is a lower amount than the actual fee. Option C is incorrect because it is a higher amount than the actual fee. Option D is incorrect because it implies that the fee varies based on the type of license, which is not the case. The annual renewal fee for a duplicate license is a fixed amount for all types of licenses. Therefore, option B is the most accurate answer.