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Arkansas Department of Real Estate - Salesperson EXAM GUIDE Q & S 2026/2027
1. When considering land use controls and regulations, which of
the following is not typically a power held by local governments?
A) Zoning
B) Eminent domain
C) Environmental restrictions
D) Interest rate setting
Correct Answer: D
2. In the context of fiduciary duties, which duty requires the agent
to put the client's interests above their own?
A) Duty of care
B) Duty of loyalty
C) Duty of disclosure
D) Duty of obedience
Correct Answer: B
3. Which appraisal method estimates the value of a property by
comparing it to similar properties with known sale prices?
A) Cost approach
B) Income approach
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