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Ark. Code Ann. § 17-42-702

Interference with licensee relationships prohibited

Known as the Real Estate License Law

The act spans §§ 17-42-101 to 17-42-702 (67 sections).

Acts 2005, No. 1946, § 1; 2019, No. 315, § 1468.

(1) No person shall knowingly interfere with a licensee relationship between a licensee and a person or entity.

(2) No licensee shall be liable for a referral fee when reasonable cause for payment does not exist.

(3) Any person or entity aggrieved by a violation of this subchapter may bring a civil action in any court of competent jurisdiction.

(4) The damages recoverable in an action under subdivision (c)(1) of this section shall be: The actual damages; and

(5) Reasonable attorney's fees and expenses.

(6) Nothing in this subchapter is intended to: Create a presumption that if reasonable cause for payment of a referral fee exists, a legal right to the referral fee exists; or

(7) Authorize the payment of a referral fee that is otherwise prohibited by law or rule of the Arkansas Real Estate Commission.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.