What is the consequence for an unlicensed person violating license law?

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 consequence for an unlicensed person violating license law is indeed a felony, which carries significant penalties and long-term repercussions. A felony conviction can result in imprisonment for over a year, substantial fines, and a permanent mark on one's criminal record. This is particularly pertinent in the real estate sector, where operating without a license undermines the regulatory framework designed to protect the public and ensure that individuals engaging in real estate transactions are properly qualified and adhere to ethical standards. The seriousness of this consequence reflects the state's commitment to maintaining professionalism within the industry and ensuring consumer protection.

In contrast, misdemeanors and other lesser penalties typically involve lighter sentences and fines, making them less applicable in this context. The classification of the violation as a felony underscores the importance of licensure in real estate activities.

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