Senate panel hears split testimony on Bill 1700, which would change property-manager licensing
The Senate Insurance & Commerce Committee heard competing testimony on Bill 1700, which would create exemptions affecting property-manager licensing and oversight. Proponents urged deregulation; opponents warned tenants could lose fiduciary protections and remedies under the Arkansas Real Estate Commission.
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The Arkansas Senate Insurance & Commerce Committee on Thursday heard competing testimony on Bill 1700, legislation that would create exemptions affecting whether some property managers must hold a real estate license.
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