{"data":{"id":"us-ar/ark.-code-ann.-16-123-202","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 16-123-202","heading":"Definitions","body":"As used in this subchapter: (1) \"Housing accommodation\" includes improved or unimproved real property, or a part thereof, which is used or occupied, or is intended, arranged, or designed to be used or occupied, as the home or residence of one (1) or more persons; (2) \"Real estate broker or salesperson\" means a person, whether licensed or not, who: (A) For or with the expectation of receiving a consideration, lists, sells, purchases, exchanges, rents, or leases real property; (B) Negotiates or attempts to negotiate any of those activities; (C) Holds himself or herself out as engaged in those activities; (D) Negotiates or attempts to negotiate a loan secured or to be secured by a mortgage or other encumbrance upon real property; (E) Is engaged in the business of listing real property in a publication; or (F) Is a person employed by or acting on behalf of a real estate broker or salesperson; (3) \"Real estate transaction\" means the sale, exchange, rental, or lease of real property, or an interest therein; and (4) \"Real property\" includes a building, structure, mobile home, real estate, land, mobile home park, trailer park, tenement, leasehold, or an interest in a real estate cooperative or condominium. Acts 1995, No. 1129, § 1; 1995, No. 1327, § 1.\n\nAs used in this subchapter:\n\n(1) \"Housing accommodation\" includes improved or unimproved real property, or a part thereof, which is used or occupied, or is intended, arranged, or designed to be used or occupied, as the home or residence of one (1) or more persons;\n\n(2) \"Real estate broker or salesperson\" means a person, whether licensed or not, who: (A) For or with the expectation of receiving a consideration, lists, sells, purchases, exchanges, rents, or leases real property; (B) Negotiates or attempts to negotiate any of those activities; (C) Holds himself or herself out as engaged in those activities; (D) Negotiates or attempts to negotiate a loan secured or to be secured by a mortgage or other encumbrance upon real property; (E) Is engaged in the business of listing real property in a publication; or (F) Is a person employed by or acting on behalf of a real estate broker or salesperson;\n\n(A) For or with the expectation of receiving a consideration, lists, sells, purchases, exchanges, rents, or leases real property;\n\n(B) Negotiates or attempts to negotiate any of those activities;\n\n(C) Holds himself or herself out as engaged in those activities;\n\n(D) Negotiates or attempts to negotiate a loan secured or to be secured by a mortgage or other encumbrance upon real property;\n\n(E) Is engaged in the business of listing real property in a publication; or\n\n(F) Is a person employed by or acting on behalf of a real estate broker or salesperson;\n\n(3) \"Real estate transaction\" means the sale, exchange, rental, or lease of real property, or an interest therein; and\n\n(4) \"Real property\" includes a building, structure, mobile home, real estate, land, mobile home park, trailer park, tenement, leasehold, or an interest in a real estate cooperative or condominium.","path":["AR Code","Title 16","Chapter 123","Subchapter 2"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"2198f1cc8d8d8aa41d81f76d03d1b713a2327c2b36f1ca8a5b31407941ca0170","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-16-123-201","next":"us-ar/ark.-code-ann.-16-123-203"},"notice":"GroundRules: Original legal text. Not legal advice."}