Arkansas Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $4.99 payment

Ace your Arkansas Real Estate Exam with ease! Dive into comprehensive practice tests, detailed explanations, and helpful flashcards. Prepare and succeed with Examzify today!

Practice this question and more.

Who can perform property management activities according to A. C. A. § 17-42-103(9)?

Tenant.
Occupant.
Licensed principal broker or designated executive broker.
Property owner.

The correct answer is: Licensed principal broker or designated executive broker.

According to A. C. A. § 17-42-103(9), a licensed principal broker or designated executive broker is the only individual who is legally authorized to perform property management activities. A tenant, occupant, or property owner may not have the necessary qualifications or legal authority to oversee such tasks. This is why these options are incorrect. It is important to have a licensed and knowledgeable professional in charge of property management in order to ensure proper maintenance and handling of landlord-tenant relationships.