The Arkansas Real Estate Commission regulates property management to ensure fair and ethical transactions. This course covers activities requiring a license, agency relationships, tasks for unlicensed assistants, recordkeeping, trust fund handling, and broker supervision. Case studies highlight how licensees can avoid liability. 

• list property management activities requiring an Arkansas real estate license
• explain the agency relationships involved in property management and leasing
• describe property management record keeping and reporting requirements
• identify the funds that must be deposited in the principal broker's trust account and handling of cash receipts
• describe the principal broker's supervision responsibilities over property management activities
• discuss agents' responsibilities to their clients and list the fiduciary duties owed to all clients