Ace the Arkansas Real Estate Test 2025 – Unlock Your Property Pro Potential!

Question: 1 / 400

What happens if the Renewal License Fee is not received on time?

The license will be put on hold

The licensee must pay a late fee

The license is considered expired

If the renewal license fee is not received on time, the license will be considered expired. This means that the licensee will no longer have a valid license to operate and will need to reapply and meet all necessary requirements in order to obtain a new license. Option A is incorrect because the license does not go on hold, it becomes expired. Option B is also incorrect because a late fee is not mentioned in the question. Option D is not applicable because the license is not automatically renewed without receiving the fee.

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The license will be renewed automatically

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