Morris, Rexanne | Principal Broker | Springdale, AR

03/17/2014 | Hearing No. 3359

Respondent: Rexanne Morris, Principal Broker, Leasing Connection, Springdale, AR

Violation(s): Arkansas Code Annotated §17-42-311(a)(2), §17-42-311(a)(6), & §17-42-311(a)(11), and, Commission Regulation 10.7(b)(3).

Sanction: License Revoked, fine $750.00 per violation, fine $1000.00, and pay Peggy Lloyd $2,860.46

• The Commission conducted a hearing on Monday, March 17, 2014, in the matter of Peggy Lloyd vs. Rexanne Morris, Principal Broker, Leasing Connection, Formal Hearing # 3359.
• The Commission found Respondent Rexanne Morris guilty of violating Arkansas Code Annotated §17-42-311(a)(2), §17-42-311(a)(6), & §17-42-311(a)(11), and, Commission Regulation 10.7(b)(3).
• The Commission voted that Respondent Rexanne Morris’ real estate license be revoked and that she be fined $750.00 per violation in paragraph 13, for a total of $7,500, and another fine of $1,000.00 for failing to provide the Arkansas Real Estate Commission the documents that were requested.  Said fines are payable to the Arkansas Real Estate Commission within thirty (30) days of the date of the final Order.
• As a result of the proven violations, the Commission voted that Respondent Rexanne Morris pay Complainant Peggy Lloyd $2,860.46 within thirty (30) days of the date of the Order.