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CE Shop Practice Exam Questions with Verified Answers

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Which of the following is true about Alabama Real Estate Commission hearings? - ANSWERSThey are usually held in Montgomery County The months are just flying by, as they seem to do, and Alabama licensee Audrey has yet to complete her annual CE requirement. Assuming this is an even-numbered year, by what date does she need to have her 15 hours of continuing education documented? - ANSWERSSeptember 30 Which of the following must be reported to AREC via certified mail within 10 business days? - ANSWERSMaxine had a pending criminal action against her, but it was dismissed Which of the following is a true statement regarding qualifying brokers in Alabama? - ANSWERSQualifying brokers are responsible for the actions of licensees who work under them Renee is interested in becoming a licensed real estate professional in Alabama: to qualify, how old must she be? - ANSWERS19 Which of the following tasks would require a real estate license? - ANSWERSHost an open house Danny is 19 years old. He has a GED and has been working in real estate for the last 18 months. He's completed 60 hours of approved broker pre-licensing coursework online. Is he ready to take his broker's licensing exam? - ANSWERSNo he must have worked in real estate for at least 24 months Which statement is true about licensing authorities for real estate matters? - ANSWERSAlabam has its own licensing authority Valentia is getting ready to renew her real estate license. Beginning on what date can she renew online during the renewal period? - ANSWERSJune 15 Agent Jeff has just received and offer for his seller client Maggie. He goes over the terms of the offer with her and explains what some of the contract-specific language means. What else, if anything, does he have to do to avoid breaking Alabama license law? - ANSWERSHe must explain that Maggie will have to pay closing costs The Alabama commission is holding a hearing to investigate a complaint against Lucy. What actions is Lucy allowed to take at the hearing? - ANSWERSProduce evidence and cross-examine witnesses Leonard, a licensee, has just received $800 in cash from a tenant to cover first months' rent and a security deposit. His broker Alyse tells him, "You need to hand that over to me, and I have three days to deposit this into a trust account." Is she wrong? - ANSWERSAlyse is wrong because she must deposit the cash immediately What's one form of documentation the commission will accept as proof of an applicant's education? - ANSWERSHigh school diploma/transcripts Broker Jewel knows she must advocate on her client's behalf and put her client's interests ahead of any other party. What does this mean? - ANSWERSShe must put her client's interests ahead of those of other parties, unless doing so violates her duties to another party. After passing the real estate exam, applicants must send their application for licensure to the commission within ______ days? - ANSWERS90 Michael's had quite a day. He forgot to get his client's signature on a contract, so he had to hunt her down and have her sign it. Then, he chatted with Sue, who wants him to represent her. He told her to come see him when her current agency agreement expires. Next, he realized he needed to pay some fees to the commission, so he put a check in the mail, crossing his fingers that there would be enough money in his checking account. Which of these actions, if any, could violate license law? - ANSWERSWriting a possibly bad check to the commission Which of the following statements about continuing education requirements is true for real estate salesperson licensees in Alabama? - ANSWERSLicensee must complete 15 hours of CE within their two-year licensure cycle Which of the following is NEVER part of the complaint process? - ANSWERSThe licensee receives a formal written reprimand To whom must a licensee, representing a buyer, disclose agency status? - ANSWERSAll parties in the transaction Buyer Brenda has just met and started talking to licensee Lydia. They haven't signed any brokerage agreements at this point. In what capacity is Brenda acting for Lydia? - ANSWERSA transaction broker Cecilia is an AREC commission member. Which of the following statements is true? - ANSWERSIt's possible that she isn't a real estate licensee Baker just closed a transaction with his seller client. How long must Baker keep the transactional records? - ANSWERSThree years Jasmine hasn't completed her CE requirements, and it's August 28 of an even-numbered year. Which of these options can she do? - ANSWERSIf she can't finish her CE by the end of August, she can finish it by the end of September and pay a late renewal fee Karen is an Alabama salesperson who has just accepted a check from a client for earnest money. Which of the following is true? - ANSWERSKaren's qualifying broker is responsible for the funds she has just received Isabelle decided to take her cater in a different direction and didn't renew her license when her renewal deadline came around. What is her license status? - ANSWERSExpired Which of the following is NOT a required in Alabama purchase contracts? - ANSWERSThe names of all involved agents managing brokers Which of the following individuals is NOT exempt from taking CE in Alabama? - ANSWERSMick, a managing broker, has been receiving disability checks for more than a year, due to a bad car crash. AREC has just noticed that the amount of money in the Alabama Recovery Fund has dropped below $500,000. Can it impose a fee on an inactive licensee? - ANSWERSNo, but it can have inactive licensee pay the fee when they reactivate Estelle is representing seller Margaret. Which of the following tasks is one that Estelle is required to perform as Margaret's agent? - ANSWERSInform Margaret about required property condition disclosures The commission is holding a hearing for licensee Dana. Which of the following is she NOT allowed to do? - ANSWERSAsk a commission member to testify on her behalf Lee is wondering if he really needs to complete his CE requirements during this licensing cycle. Which of these questions should you ask him to help him determine if he has to or not? - ANSWERS"Have you held a reciprocal license for less than a year?"

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CE Shop Practice Exam Questions with
Verified Answers
Which of the following is true about Alabama Real Estate Commission hearings? -
ANSWERSThey are usually held in Montgomery County

The months are just flying by, as they seem to do, and Alabama licensee Audrey has
yet to complete her annual CE requirement. Assuming this is an even-numbered year,
by what date does she need to have her 15 hours of continuing education documented?
- ANSWERSSeptember 30

Which of the following must be reported to AREC via certified mail within 10 business
days? - ANSWERSMaxine had a pending criminal action against her, but it was
dismissed

Which of the following is a true statement regarding qualifying brokers in Alabama? -
ANSWERSQualifying brokers are responsible for the actions of licensees who work
under them

Renee is interested in becoming a licensed real estate professional in Alabama: to
qualify, how old must she be? - ANSWERS19

Which of the following tasks would require a real estate license? - ANSWERSHost an
open house

Danny is 19 years old. He has a GED and has been working in real estate for the last
18 months. He's completed 60 hours of approved broker pre-licensing coursework
online. Is he ready to take his broker's licensing exam? - ANSWERSNo he must have
worked in real estate for at least 24 months

Which statement is true about licensing authorities for real estate matters? -
ANSWERSAlabam has its own licensing authority

, Valentia is getting ready to renew her real estate license. Beginning on what date can
she renew online during the renewal period? - ANSWERSJune 15

Agent Jeff has just received and offer for his seller client Maggie. He goes over the
terms of the offer with her and explains what some of the contract-specific language
means. What else, if anything, does he have to do to avoid breaking Alabama license
law? - ANSWERSHe must explain that Maggie will have to pay closing costs

The Alabama commission is holding a hearing to investigate a complaint against Lucy.
What actions is Lucy allowed to take at the hearing? - ANSWERSProduce evidence and
cross-examine witnesses

Leonard, a licensee, has just received $800 in cash from a tenant to cover first months'
rent and a security deposit. His broker Alyse tells him, "You need to hand that over to
me, and I have three days to deposit this into a trust account." Is she wrong? -
ANSWERSAlyse is wrong because she must deposit the cash immediately

What's one form of documentation the commission will accept as proof of an applicant's
education? - ANSWERSHigh school diploma/transcripts

Broker Jewel knows she must advocate on her client's behalf and put her client's
interests ahead of any other party. What does this mean? - ANSWERSShe must put her
client's interests ahead of those of other parties, unless doing so violates her duties to
another party.

After passing the real estate exam, applicants must send their application for licensure
to the commission within ______ days? - ANSWERS90

Michael's had quite a day. He forgot to get his client's signature on a contract, so he had
to hunt her down and have her sign it. Then, he chatted with Sue, who wants him to
represent her. He told her to come see him when her current agency agreement
expires. Next, he realized he needed to pay some fees to the commission, so he put a
check in the mail, crossing his fingers that there would be enough money in his
checking account. Which of these actions, if any, could violate license law? -
ANSWERSWriting a possibly bad check to the commission

Which of the following statements about continuing education requirements is true for
real estate salesperson licensees in Alabama? - ANSWERSLicensee must complete 15
hours of CE within their two-year licensure cycle

Which of the following is NEVER part of the complaint process? - ANSWERSThe
licensee receives a formal written reprimand

To whom must a licensee, representing a buyer, disclose agency status? -
ANSWERSAll parties in the transaction

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CE Shop

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Uploaded on
March 30, 2025
Number of pages
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Written in
2024/2025
Type
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