Arkansas Real Estate Practice Exam

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What must a Broker do when they are terminated with no ownership involvement?

Wait for a new job offer
Notify the Commission Immediately
Request for a suspension of the license
Apply for unemployment benefits

The correct answer is: Notify the Commission Immediately

A Broker who is terminated without any ownership involvement must immediately notify the Commission. This shows responsibility and ensures transparency in the broker's regulatory history. Waiting for a new job offer (A) or applying for unemployment benefits (D) do not address the termination and can potentially put the broker in legal and financial trouble. Requesting a suspension of the license (C) is not necessary as the broker is no longer employed by the brokerage and their license will automatically be terminated.