(a) The Arkansas Real Estate Commission may adopt rules as necessary to implement this subchapter.(b) The commission shall license, approve, and regulate schools, associations, principal instructors, and associate instructors offering commission-approved prelicense, postlicense, and continuing education courses offered to satisfy education requirements for real estate licensure.(c) The commission shall establish the licensing or education requirements for: (1) A school or association that applies for a license to offer real estate courses that satisfy the education requirements for real estate licensure;(2) Principal and associate instructors of courses approved by the commission;(3) Courses that satisfy the education requirements for applicants for real estate licensure and licensees; and(4) Guest speakers of courses approved by the commission.(d) The commission shall: (1) Establish procedural guidelines for licensed schools and their locations and those providing real estate education designed for students to meet the education requirements for a real estate license;(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate on designed for students to meet the education requirements for a real estate license;(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate courses and seminars for real estate licensees or instructors of real estate education;(3) Maintain in electronic format a list of the names of real estate schools, associations, administrators, instructors, and courses approved under this subchapter;(4) Publish in electronic format the names of the persons, associations, or schools that have been sanctioned by formal hearing or consent order under this subchapter;(5) Periodically monitor courses offered or taught by the licensed schools and instructors; and(6) Establish course requirements with respect to:(A) Accessibility;(B) Attendance;(C) Satisfactory completion; and(D) Curricula.Amended by Act 2013, No. 281,§ 3, eff. 8/16/2013.Acts 1993, No. 690, § 23. (a) The Arkansas Real Estate Commission may adopt rules as necessary to implement this subchapter.(b) The commission shall license, approve, and regulate schools, associations, principal instructors, and associate instructors offering commission-approved prelicense, postlicense, and continuing education courses offered to satisfy education requirements for real estate licensure.(c) The commission shall establish the licensing or education requirements for: (1) A school or association that applies for a license to offer real estate courses that satisfy the education requirements for real estate licensure;(2) Principal and associate instructors of courses approved by the commission;(3) Courses that satisfy the education requirements for applicants for real estate licensure and licensees; and(4) Guest speakers of courses approved by the commission.(d) The commission shall: (1) Establish procedural guidelines for licensed schools and their locations and those providing real estate education designed for students to meet the education requirements for a real estate license;(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate on designed for students to meet the education requirements for a real estate license;(2) Charge fees and pay the necessary expenses to develop, approve, sponsor, contract for, or conduct real estate courses and seminars for real estate licensees or instructors of real estate education;(3) Maintain in electronic format a list of the names of real estate schools, associations, administrators, instructors, and courses approved under this subchapter;(4) Publish in electronic format the names of the persons, associations, or schools that have been sanctioned by formal hearing or consent order under this subchapter;(5) Periodically monitor courses offered or taught by the licensed schools and instructors; and(6) Establish course requirements with respect to:(A) Accessibility;(B) Attendance;(C) Satisfactory completion; and(D) Curricula.Amended by Act 2013, No. 281,§ 3, eff. 8/16/2013.Acts 1993, No. 690, § 23.
Arkansas Legal Code