Alabama Real Estate State Exam Practice Questions and Answers

Which of these people can be helped by Alabama's real estate regulations? A) Dale found a small shed that he wants to buy for his backyard. However, the shed is used, and he's not sure if it's well made. B) Lucy wants to rent an apartment. She found one that looks nice, but she's not sure that the landlord's rules are fair. C) Samantha wants to start a small bakery in her town, which means there's a lot of paperwork she has to do. She's not sure where to go. D) Trent is selling a car, and he's eager to prove to potential buyers that he's taken good care of it. B) Lucy wants to rent an apartment. She found one that looks nice, but she's not sure that the landlord's rules are fair. Bob wants to reinstate his license. Which license status must he have to ask the commission to reinstate? A) Expired B) Inactive C) Revoked D) Suspended A) Expired An associate broker received an earnest money check from his buyer. Which of the following actions is appropriate and complies with real estate license law? A) Deposit the check into his personal account. B) Keep the earnest money check at home for safekeeping. C) Store the check in the buyer client's file in his car. D) Turn the check over to his broker for deposit into the firm's escrow account. D) Turn the check over to his broker for deposit into the firm's escrow account. Salesperson Phyllis has had a temporary salesperson license for 13 months. She hasn't completed her post-licensing education. Which of the following is true about her situation? A) Phyllis has two months to complete her PLE so she can get an original license. B) Phyllis's broker is responsible for issuing her an original license. C) Phyllis's license has lapsed. D) Phyllis's temporary license automatically converted to an original license after 12 months. C) Phyllis's license has lapsed. Janice is interested in becoming an Alabama real estate broker. Which of these is a requirement she has to meet? A) Be at least 17 years old B) Complete an approved 80-hour prelicensing course C) Have a bachelor's degree from an accredited university D) Have held an active salesperson license for at least 24 of the last 36 months D) Have held an active salesperson license for at least 24 of the last 36 months