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Enrollment Form Download Click here to download a printable Enrollment Form. Simply complete the form and return it by mail or fax. REFUND POLICY |
60 Clock Hours Pre-Licensing Real Estate Program
Arkansas Real Estate Academy offers this course over
a 9 day period. Course begins the 1st Saturday of the month. The 1st
Saturday and Sunday from 8am-7pm; then Monday thru Friday 6pm-10pm ending
the following Saturday and Sunday 8am-7pm. Each course begins the first
Saturday of every month.
The Academy’s goal is to assist each student to meet their educational
need in order to pass the Arkansas Real Estate Exam. Each student is
treated fairly and in a non-discriminatory manner.
Total cost:
Enrollment fee (Refund Policy pg4)________________________$100.00
Tuition Fee (Refund Policy pg)___________________________ $285.00
Total cost____________________________________________$385.00
Enrollment requirement:
- Must be a minimum of 18 years old (verification required)
- Enrollment fee $100.00 (Please refer to Refund Policy pg.4)
- A required 10 students must be registered by the Monday (deadline date) before class start date. If 10 students are not registered by the deadline date, the enrolled students may take the next class start date or be refunded the enrollment fee and tuition.
Certificate requirements:
Practice exams will be administered on the 1st Sunday and Friday during
class dates. On the final Sunday (2nd Sunday) a final exam will be
administered during class. The final exam consists of 50 general questions
and 30 state questions. A minimum passing score of 70% is required
to receive your certificate. Should student fail the final exam, the
instructor will review the exam with student and administer another
exam. Should student fail exam twice on the final class date, the student
may return on the following Monday at 6:00pm to be administered another
exam. The student will be able to be administered the final exam twice
on each night until student passes with a satisfactory grade of 70%. Each
student must attend the full 60 clock hours to obtain a certificate
from the Arkansas Real Estate Academy.
Arkansas Real Estate Commission requirements:
- Each applicant must be a minimum of 18 years old
- Each applicant must pass a criminal record check
- Each applicant must acquire a certificate from an approved Real Estate School certifying that the applicant has attended a full 60 Clock Hours Pre-Licensure Class
- Each applicant must send appropriate fees with application
60 Clock Hours Pre-Licensing Course Outline:
This course is approved by the
Arkansas State Board of Private
Career Education &
Arkansas Real Estate Commission
Each module represents 4 clock hours
48 Clock Hours: General Real Estate Content
12 Clock Hours: Arkansas Real Estate Law
Weekend 1: Real Property Characteristics, Definitions, Ownership, Restrictions, Transfer, Contracts and Agency
- Module 1: Introduction to the Real Estate Business, Real Property and the Law
- Module 2: Concepts of Home Ownership, Agency and Real Estate Brokerage
- Module 3: Listing Agreements, Buyer Representation, Interests in Real Estate, and Forms of Ownership
- Module 4: Legal Descriptions, Taxes, Liens, and Part 1 Contracts
- Module 5: Part 2 Contracts, Agency Review, Ownership Review and Practice Test (1)
Monday-Friday: Property Valuation, Title Requirements, Financing, Property Management, Leases, Fair Housing, Land Uses and Environmental Issues
- Module 1: Transfer of Title, Title Records and Closings (chapter 22)
- Module 2: Real Estate Financing (Principles and Practices) (calculator required)
- Module 3: Leases and Property Management
- Module 4: Real Estate Appraisal and Intro to Real Estate Investment
- Module 5: Land Use Controls, Environmental Issues, Property Development, and Practice Test 2 (Friday)
Weekend 2: Fair Housing, Ethical Practices, NAR Code of Ethics, and Arkansas Real Estate Law
- Module 1: Federal Fair Housing, Ethical Practices and NAR Code of Ethics
- Module 2: Arkansas Law: Duties & Powers of the Real Estate Commission, General Powers, Records, Investigations, Licenses Requirements, and Recovery Fund
- Module 3: Arkansas Law: Statutory requirements governing the activities of licensees and Time-shares
- Module 4: Arkansas Law: Agency Relationships, Disclosures, Brokers Practices and State Law Review
- Module 5: Review of all modules & RE Math, Arkansas Law review, and FINAL test (All students are given 1hour to study the exam study questions before final test. Minimum passing score 70%)