(a)

1. (1) The Arkansas Real Estate Commission shall announce from time to time the dates and locations of examinations.
2. (2) All applications should be received in the commission office at least ten (10) days before the examination for which the applicant desires to sit.
3. (3) However, regardless of the date on which the application is received by the commission, it shall be processed as expeditiously as possible under the circumstances.
4. (4) Once the application is processed, the commission will send to the applicant a Certificate of Examination Eligibility.
5. (5) The certificate will include instructions for making examination reservations and will be required for admission at the test center.

(b)

1. (1) An examination fee, which shall equal the actual cost of the examination as established by the testing service engaged by the commission, will be collected at the test center.
2. (2) The examination fee shall be made payable to the testing service unless the applicant is otherwise notified by the commission.
3. (3) The examination fee shall be charged each time an applicant applies to take an examination and is nonrefundable.

(c)

1. (1) An applicant shall receive notice upon passing the examination.
2. (2) Each successful broker and salesperson applicant shall pay to the commission, within ninety (90) days from the date of the successful completion of the examination, the appropriate license fee and recovery fund fee.
3. (3) However, the payment of the recovery fund fee shall be waived for any successful applicant who has previously paid such fee.
4. (4) If a successful applicant shall fail to pay the prescribed fee or fees within ninety (90) days following the date of the examination, the examination results shall be null and void, and the applicant shall be required to make new application and retake the examination as an original applicant.
5. (5) If the federal criminal background check has not been received by the commission within ninety (90) days of the date of the examination, the date may be extended by the commission until receipt of the federal criminal background check.