A broker may have his/her license suspended or revoked by the Real Estate Commission if found guilty of any of these EXCEPT:

Prepare for the AREC Arkansas Broker Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for success!

The correct response highlights that making statements likely to influence, persuade, or induce is not, in itself, grounds for suspension or revocation of a broker's license by the Real Estate Commission. This is primarily because such statements must involve a degree of misrepresentation or ethical violation to be actionable.

In contrast, the other scenarios directly involve serious breaches of ethical standards or legal obligations. Making substantial misrepresentations can involve deceit or false information that misleads clients or the public, which is clearly a violation of ethical practices. Similarly, using earnest money for personal use before closing a transaction constitutes a misuse of client funds and a violation of trust, which is significant enough to warrant disciplinary action. Failure to disclose the agency relationship is also critical, as it impacts transparency and fair dealings in transactions.

These other options indicate actions that are essential for maintaining the integrity and trust necessary in real estate practices, while option B lacks the specific implication of wrongdoing necessary for disciplinary action.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy