Arkansas Real Estate Practice Exam

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What is not a requirement for obtaining a Broker's License on past experience from another state?

Having a real estate related degree
Holding an active real estate broker's license for atleast 18 months
Experience acceptable to the commission in real estate related field for atleast 24 months
Undergoing a specific real estate training program

The correct answer is: Having a real estate related degree

The answer A is incorrect because having a real estate related degree is actually a requirement for obtaining a Broker's License on past experience from another state. The correct answer is B, as it is not a requirement to hold an active real estate broker's license for at least 18 months. Option C and D are also incorrect as they mention requirements that are necessary for obtaining a Broker's License on past experience from another state. Option B, on the other hand, does not accurately reflect a requirement for obtaining a Broker's License on past experience.