Arkansas Real Estate Practice Exam

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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.