Summers, Terri L. | Salesperson | Bryant, AR

10/01/2005 | Hearing No. 3003

By Consent Order, Formal Hearing # 3003 the Commission ordered that “…Respondent Summers successfully complete the Commission’s 18-hour Post-License Salesperson Course within six (6) months of the date of the Order…”

The Commission ordered that “…Respondent Summers shall pay to the Commission, within ten (10) days of the date of the Order, a monetary penalty of $3,500.”  That “…Respondent Summers’ real estate license shall be on probation for a period of 24 months immediately following the date of the Order.”  That “…during the two years immediately following the date of this Order, Respondent shall not be licensed as a real estate broker.”  And, that “…Respondent shall provide a copy of this Order to her principal broker within three days of the date of this Order and to any other principal broker with whom Respondent may be affiliated, within three days after becoming affiliated with that principal broker, during the two years immediately following the date of this Order.”

• The Commission found Ms. Summers guilty of violating Arkansas Code Annotated § 17-42-311(a) (3) and Commission Regulation 10.16.
• Respondent’s guilty plea to and convictions of violations of Arkansas Hot Check Law as set forth in the order are convictions of a crime involving moral turpitude, fraud, dishonesty, untruthfulness, or untrustworthiness.
• Respondent Summers did not notify the Arkansas Real Estate Commission of the convictions set forth in the order.
• Respondent’s plea of nolo contendre to violation of Arkansas Hot Check Law as set forth in the order constitutes a conviction of a crime involving moral turpitude, fraud, dishonesty, untruthfulness, or untrustworthiness.