5/6/25, 11:13 AM CE Shop (Alabama) 2025 EXAM QUESTIONS AND VERIFIED ANSWERS (100% CORRECT ANSWERS) A+ GRADED | ALR…
CE Shop (Alabama) 2025 EXAM QUESTIONS
AND VERIFIED ANSWERS (100% CORRECT
ANSWERS) A+ GRADED | ALREADY PASSED!!
Save
Terms in this set (100)
Jeung gave her agent an An escrow agent will hold the funds in a trust
earnest money check, account until the agreement's terms are satisfied.
and the seller accepted
Jeung's offer. What will
happen to the check
now?
Cheryl, the aggrieved $25,000
claimant on a complaint
against a licensee, has
just won her claim. She
demonstrated that the
licensee was responsible
for her losing $60,000.
She also paid for a
lawyer, which was
another $5,000. With
other fees and
incidentals, her total
damages are $67,000.
What is the amount she'll
receive?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 1/21
,5/6/25, 11:13 AM CE Shop (Alabama) 2025 EXAM QUESTIONS AND VERIFIED ANSWERS (100% CORRECT ANSWERS) A+ GRADED | ALR…
Jerrold reviews the floor Intentional misrepresentation
plan of the Knoxville
house he's going to sell.
It's 3,800 square feet. In
his advertising, he bumps
that number up to 4,000
square feet to better
justify its asking price.
What has Jerrold done?
Which of the following This license status means that you've paid your
best describes an license fee but haven't completed your CE
inactive license? requirements.
If you, as an Alabama Misrepresentation
licensee, make a
statement in an ad that
you should have known
was false, what are you
guilty of?
Which of the following is Disclosing any material facts the licensee knows
a minimum service that an about that the client couldn't reasonably ascertain
Alabama licensee must
provide to her clients?
Alabama broker Jim is He must get the written, informed, advance consent
acting as a limited before entering into the relationship.
consensual dual agent
for seller Christine and
buyer Blake. Which of the
following is required for
Jim to act in this
capacity?
What action may They may request a rehearing.
licensees take if they're
unhappy with the
commission's final
decision on their
hearing?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 2/21
, 5/6/25, 11:13 AM CE Shop (Alabama) 2025 EXAM QUESTIONS AND VERIFIED ANSWERS (100% CORRECT ANSWERS) A+ GRADED | ALR…
The funds placed in trust FDIC
accounts are insured by
the ______.
When it comes to earnest Earnest money must be placed in a trust account.
money, which one of the
following statements is
true?
D'Wayne is acting as the A single agent
buyer's agent for
Alabama resident Rocky
in a real estate
transaction. In this
transaction, what is
D'Wayne's role?
Julie is working with She must provide it when an offer is signed.
buyer clients and has
prepared an estimated
closing statement. Which
of the following
statements is true?
Should the broker end up Frozen
in litigation, any trust
funds not safely tucked
away in a trust account
could be ______.
Which one of the Qualifying brokers have to notify their brokerage
following is a true and the commission in writing if they wish to
statement regarding the terminate their status.
termination of qualifying
broker status in
Alabama?
For how long must an Three years
Alabama licensee retain
transaction file records
after the date of the
transaction?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 3/21
CE Shop (Alabama) 2025 EXAM QUESTIONS
AND VERIFIED ANSWERS (100% CORRECT
ANSWERS) A+ GRADED | ALREADY PASSED!!
Save
Terms in this set (100)
Jeung gave her agent an An escrow agent will hold the funds in a trust
earnest money check, account until the agreement's terms are satisfied.
and the seller accepted
Jeung's offer. What will
happen to the check
now?
Cheryl, the aggrieved $25,000
claimant on a complaint
against a licensee, has
just won her claim. She
demonstrated that the
licensee was responsible
for her losing $60,000.
She also paid for a
lawyer, which was
another $5,000. With
other fees and
incidentals, her total
damages are $67,000.
What is the amount she'll
receive?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 1/21
,5/6/25, 11:13 AM CE Shop (Alabama) 2025 EXAM QUESTIONS AND VERIFIED ANSWERS (100% CORRECT ANSWERS) A+ GRADED | ALR…
Jerrold reviews the floor Intentional misrepresentation
plan of the Knoxville
house he's going to sell.
It's 3,800 square feet. In
his advertising, he bumps
that number up to 4,000
square feet to better
justify its asking price.
What has Jerrold done?
Which of the following This license status means that you've paid your
best describes an license fee but haven't completed your CE
inactive license? requirements.
If you, as an Alabama Misrepresentation
licensee, make a
statement in an ad that
you should have known
was false, what are you
guilty of?
Which of the following is Disclosing any material facts the licensee knows
a minimum service that an about that the client couldn't reasonably ascertain
Alabama licensee must
provide to her clients?
Alabama broker Jim is He must get the written, informed, advance consent
acting as a limited before entering into the relationship.
consensual dual agent
for seller Christine and
buyer Blake. Which of the
following is required for
Jim to act in this
capacity?
What action may They may request a rehearing.
licensees take if they're
unhappy with the
commission's final
decision on their
hearing?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 2/21
, 5/6/25, 11:13 AM CE Shop (Alabama) 2025 EXAM QUESTIONS AND VERIFIED ANSWERS (100% CORRECT ANSWERS) A+ GRADED | ALR…
The funds placed in trust FDIC
accounts are insured by
the ______.
When it comes to earnest Earnest money must be placed in a trust account.
money, which one of the
following statements is
true?
D'Wayne is acting as the A single agent
buyer's agent for
Alabama resident Rocky
in a real estate
transaction. In this
transaction, what is
D'Wayne's role?
Julie is working with She must provide it when an offer is signed.
buyer clients and has
prepared an estimated
closing statement. Which
of the following
statements is true?
Should the broker end up Frozen
in litigation, any trust
funds not safely tucked
away in a trust account
could be ______.
Which one of the Qualifying brokers have to notify their brokerage
following is a true and the commission in writing if they wish to
statement regarding the terminate their status.
termination of qualifying
broker status in
Alabama?
For how long must an Three years
Alabama licensee retain
transaction file records
after the date of the
transaction?
https://quizlet.com/1040355011/ce-shop-alabama-2025-exam-questions-and-verified-answers-100-correct-answers-a-graded-already-passed-fla… 3/21
