Which of the following reasons would NOT lead to suspension or revocation of an Arkansas real estate license?

The reason that would not lead to suspension or revocation of an Arkansas real estate license is submitting to the seller a 30-day note offered by a buyer as earnest money. This practice, while it may raise concerns in specific contexts such as the financial stability of the buyer or the seller’s willingness to accept unconventional forms of earnest money, does not, in itself, violate regulations governing real estate practices.

In contrast, placing a "for sale" sign on someone else's property without the owner's consent is a clear violation of property rights and would typically result in disciplinary actions against a real estate licensee. Incompetency reflects a lack of knowledge or skill in real estate transactions, which is a fundamental requirement for maintaining a license; thus, it would also justify revocation or suspension. Finally, depositing earnest money several days after an offer acceptance can be viewed as a failure to adhere to proper transaction protocols, thereby risking disciplinary action.

These actions underscore the importance of complying with ethical and regulatory standards within the real estate profession in Arkansas, while offering a clear distinction from the acceptance of a direct, non-standard earnest money form, which may not constitute a violation alone.