Arkansas Real Estate Practice Exam

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When do licenses expire?

Dec 31
End of the licensing year
July 1
June 30

The correct answer is: Dec 31

When answering this question about when licenses expire, it's important to understand that each licensing year may differ from organization to organization. Therefore, answers B, C, and D specify a specific time for when licenses expire, which may not always be accurate. Option A, on the other hand, provides a general date that applies to most licenses, making it the most suitable and accurate answer.