Arkansas Real Estate Practice Exam

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Prepare for the Arkansas Real Estate Exam with comprehensive quizzes featuring multiple-choice questions and detailed explanations. Boost your confidence and knowledge, ensuring you're ready to tackle the licensing exam successfully!

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What is the recovery fund fee?

25.00
30.00
100.00
No fee

The correct answer is: 25.00

The recovery fund fee is an additional fee that is charged to cover the costs of recovering lost funds. Option A is the correct answer because it specifies the specific amount of the recovery fund fee. Options B and C are incorrect because they provide different amounts for the recovery fund fee, which can lead to confusion. Option D is also incorrect because it states that there is "no fee," which is not accurate. Therefore, option A is the most accurate and specific answer.