Arkansas Real Estate Practice Exam 2025 – Comprehensive All-in-One Guide for Exam Success

Question: 1 / 400

Are application fees for broker's license refundable?

Yes

No

Broker's licenses have a specific application fee that is typically non-refundable. This fee is used to cover the cost of processing the application and is not dependent on the outcome of the application. Option A is incorrect because, as stated above, the application fee is usually not refundable. Option C is also incorrect because there are no special circumstances in which the fee would be refundable. Option D is incorrect because there is no time limit for the fee to be refunded. Therefore, the most accurate response to the question is option B.

Get further explanation with Examzify DeepDiveBeta

Refundable only in special circumstances

Refundable within 30 days of payment

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy