Ark. Code § 17-42-108

Current with legislation from 2024 effective through May 3, 2024.
Section 17-42-108 - Disclosure requirement
(a)
(1) In every real estate transaction involving a licensee, the licensee shall clearly disclose to all parties or to their agents which party or parties he or she is representing.
(2) A licensee may represent more than one (1) party to a real estate transaction pursuant to and subject to rules of the Arkansas Real Estate Commission.
(b) The timing, method, and other requirements of such a disclosure shall be established by the commission, and the commission shall also determine the consequences of failure to make disclosure in accordance with such requirements.

Ark. Code § 17-42-108

Amended by Act 2019, No. 315,§ 1458, eff. 7/24/2019.
Acts 1993, No. 690, § 16; 1995, No. 399, § 1.