RE Exam - AL State Portion with
complete solutions rated A+
Qualifications for consumer commissioner - correct answer ✔✔- at least 21 years old
-AL resident for at least 10 years
-Registered voter in AL
-No felony convictions
-Must be owner of real property
-Hasn't been a licensed sales person/broker during previous years
-
Qualifications fo r consumer commissioner - correct answer ✔✔-AL resident for 10 years
-Employed as RE salesperson/broker for at least 10 years
-Hasn't been convicted for felony
Commissioner Info - correct answer ✔✔-5 year terms
-With each new member a new chairperson is elected
-Not liable for any damages resulting from carrying out duties
-earn $300/mo
Activities requiring a license - correct answer ✔✔-Sell, buy, lease, exchange or negotiate real estate
belonging to someone else
-List or offer to list property
-Auction real property
-Procure prospects or properties
-Presenting oneself as capable of performing an act requiring a license
, Who is exempt from having a RE License? - correct answer ✔✔-Owner dealing with his/her own
property
-Attorneys performing professional duties
-Public officer performing prof. duties
-Person acting w/o compensation
-Person selling cemetery slots
-Person licensed to sell timeshares
-Person performing clerical or admin duties for licensee
-Someone acting as trustee, admin, exec, or guardian
Qualifications to get a RE license - correct answer ✔✔-Trustworthy and competent
-No RE license revoked in any state during previous 2 years
-19 years of age
-High school grad or equivalent
-60 hour course
-Pass pre-license exam
-Must be a US citizen
Qualifications to get Reciprocal license - correct answer ✔✔-Complete 6hr reciprocal course
-Pass exam with 70%
License Renewal - correct answer ✔✔-Renewed every 2 years on "even" years
-License period begins on 10/1 - 9/30
-Must submit proof of 15hr CE
-Form must be sent on Aug 31 and have until Sep. 30 to complete CE
What is the deadline for license renewal - correct answer ✔✔August 31
How long is a temporary license valid? Can it be renewed? - correct answer ✔✔1 year
complete solutions rated A+
Qualifications for consumer commissioner - correct answer ✔✔- at least 21 years old
-AL resident for at least 10 years
-Registered voter in AL
-No felony convictions
-Must be owner of real property
-Hasn't been a licensed sales person/broker during previous years
-
Qualifications fo r consumer commissioner - correct answer ✔✔-AL resident for 10 years
-Employed as RE salesperson/broker for at least 10 years
-Hasn't been convicted for felony
Commissioner Info - correct answer ✔✔-5 year terms
-With each new member a new chairperson is elected
-Not liable for any damages resulting from carrying out duties
-earn $300/mo
Activities requiring a license - correct answer ✔✔-Sell, buy, lease, exchange or negotiate real estate
belonging to someone else
-List or offer to list property
-Auction real property
-Procure prospects or properties
-Presenting oneself as capable of performing an act requiring a license
, Who is exempt from having a RE License? - correct answer ✔✔-Owner dealing with his/her own
property
-Attorneys performing professional duties
-Public officer performing prof. duties
-Person acting w/o compensation
-Person selling cemetery slots
-Person licensed to sell timeshares
-Person performing clerical or admin duties for licensee
-Someone acting as trustee, admin, exec, or guardian
Qualifications to get a RE license - correct answer ✔✔-Trustworthy and competent
-No RE license revoked in any state during previous 2 years
-19 years of age
-High school grad or equivalent
-60 hour course
-Pass pre-license exam
-Must be a US citizen
Qualifications to get Reciprocal license - correct answer ✔✔-Complete 6hr reciprocal course
-Pass exam with 70%
License Renewal - correct answer ✔✔-Renewed every 2 years on "even" years
-License period begins on 10/1 - 9/30
-Must submit proof of 15hr CE
-Form must be sent on Aug 31 and have until Sep. 30 to complete CE
What is the deadline for license renewal - correct answer ✔✔August 31
How long is a temporary license valid? Can it be renewed? - correct answer ✔✔1 year
