Clark, Cynthia Rea | Principal Broker | Bentonville, AR

01/13/2014 | Hearing No. 3354

Respondent: Cynthia Rea Clark, Principal Broker, National Realty, Bentonville, AR

Violation(s): Regulations 8.5(a), 9.2(b), 10.7(b)(3), 10.7(c), & 10.10(a); and, Arkansas Code Annotated § 17-42-311(a)(2), 17-42-311(a)(6), & 17-42-311(a)(11)

Sanctions: License Revoked, Fined $1000.00, and pay $1150.00 to Michele Voss

• The Commission found that Respondent Clark violated Commission Regulations 8.5(a), 9.2(b), 10.7(b)(3), 10.7(c), & 10.10(a); and, Arkansas Code Annotated § 17-42-311(a)(2), 17-42-311(a)(6), & 17-42-311(a)(11).
• Based on the Findings and Conclusions, the Commission voted that Respondent Clark’s real estate license be revoked, and a penalty of $1,000 levied against her, to be paid to the Arkansas Real Estate Commission within thirty (30) days of the date of the Order.
• Furthermore, Respondent Clark is to turn over all of her records, particularly including her trust account records and files, to the Arkansas Real Estate Commission within thirty (30) days of the date of the Order.
• As a result of the proven violations, Respondent Clark is ordered to make payment of $1,150, via certified mail, to a person to be named by the partnership, (Michele Voss), within thirty (30) days of the date of the Order.