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Renewal Questions |
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1Q.
When does the fee I’m paying
take effect?
A.
The renewal fee you are paying is for the next calendar year (i.e. if
this is 2008, you are paying for 2009)..
2Q.
If I plan to place my license on
inactive status for the next calendar year, do I pay a fee?
A. Yes,
if you want your license to remain current.
Otherwise your license will expire.
3Q.
Do I need to complete continuing
education if I plan to be inactive?
A. No,
continuing education is not required to renew your license inactive.
4Q.
When is the deadline to renew my
license?
A. The
deadline to renew all licenses is September 30 to avoid paying an additional
penalty payment.
5Q.
My personal name has changed. What
must I do to correct my name on my license?
A. We
cannot change your name without legal proof. You will need to supply that proof
along with a personal name change document that you can find on our web site
under AREC forms.
6Q.
How can I tell my license has been
renewed?
A. AREC
offers a searchable online roster at the AREC website located at www.arkansas.gov/arec.
Click on “ROSTER” on the upper left menu screen. From there you will be
taken to a search screen. You may search for real estate licensees by name, city
or firm. Once you have an individual record on screen you will have determined
that the licensee is active because this on-line roster only shows active
licensees. If the licensee’s expiration date is December 31 of the current
calendar year, that licensee has not renewed for the next calendar year. Once a
licensee renews for the upcoming license year, their expiration date will change
to December 31 of the next calendar year. Updates to the on-line roster occur
nightly.
7Q.
I’m a
Principal Broker. How can I check on all of my firm’s licensees?
A. As
September 30th approaches you can use the Search Screen to determine which
licensees in your firm have or have not renewed. Do this by entering the name of
your firm and selecting the Expiration Year at the bottom of the screen. If you
want to see all licensees who have not renewed for the upcoming year,
select the current calendar year for Expiration Date. If you want to see all
licensees who have renewed in your office, select the upcoming calendar
year for Expiration Date.
8Q.
I’ll be renewing my license on inactive
status. How will I be able to tell if my license has been renewed?
A. The
on-line tool you can use to determine whether or how a person is licensed in
Arkansas is at www.arello.com; provided by
the Association of Real Estate License Law Officials, a professional association
of 96 real estate licensing and regulatory jurisdictions in the United States,
Canada, and other countries. Several of these jurisdictions and NAR populate
this database. This search screen will display active and inactive
licensees in Arkansas for the current calendar year only. Inactive licensees
will be able to confirm their license renewal by checking this roster after the
first of the year.
9Q.
When should I receive my new
license?
A. All
renewed licenses will be mailed the end of December.
10Q.
I just became licensed. Do I need
to renew?
A. If
you were licensed in the current calendar year, you need to renew for the next
calendar year.
11Q.
Do I have to complete both
post-licensure courses and a continuing education course the first year?
A. This depends on the time of
year that you became licensed. Your continuing education requirement begins
after the first renewal of your license. This means you will have to have
completed your continuing education requirement prior to the second renewal of
your real estate license. The post-licensure requirement is separate from and
independent of the continuing education requirement. Your post-licensure
education must be completed within 12 months of the date you applied for your
real estate license.
12Q.
Can post-license courses be taken
for continuing education credit?
A. While
post-license modules can be used for continuing education, a Licensee may not
receive credit for both post-license and continuing education
requirements. It can only be used for one or the other.
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