Arkansas Real Estate Practice Exam

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Under what condition can a Temporary License be issued?

  1. Pending completion of CE requirements

  2. Pending issuance of permanent license and pocket card, for no more than 30 days during a transfer

  3. After passing the licensing exam but before paying the fee

  4. While waiting for the renewal application to be processed

The correct answer is: Pending issuance of permanent license and pocket card, for no more than 30 days during a transfer

A temporary license can be issued for no more than 30 days during a transfer when the permanent license and pocket card are still being processed. This means that options A, C, and D are incorrect because they do not refer to the specific condition of a transfer. Option A mentions completing CE requirements, but this does not relate to the issuance of a temporary license. Option C mentions passing the licensing exam, but this does not specify a transfer situation. Option D mentions a renewal application, which also does not pertain to a transfer. Therefore, the correct condition for a temporary license to be issued is during a transfer when the permanent license and pocket card are still being processed.

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