ALABAMA RECIPROCAL TEST PAPER QUESTIONS
AND ANSWERS SET A+
✔✔Reason why a lisencess can be denied: - ✔✔Felony or a crime regarding moral
turpitude(Crime of bad character)
-Applicant has 15 days to request for hearing after 15 days of being denied
-Non resident applicants have to sign a agreement with docs
✔✔Nola contender - ✔✔means that the defendant neither admits nor disputes the
charge . It is an alternative to pleading guilty or not pleading guilty. It is basically plea of
no contest.
-Residents have to notify commission of their address change with 30 days
✔✔Licensees who are non residents of Alabama must - ✔✔-Agree to be bound by the
AL real estate license law
-Agree that civil actions may be commenced against them
-Agree to be subject to investigations and disciplinary actions
-Agree that Arec has jurisdiction over all their real estate related activites
-Appoint the executive director or assistant executive director of the commission as as
the recipient of any legal notices against the licensee
✔✔-A active temporary license - ✔✔- Is only valid for 1 year
-90 days of passing state exam you have to submit for your temporary license
- A licensee has 6 months to complete the post license course
-Becomes in inactive in 6 months
-Has 6 months to do the post license course
-Post license course cannot be taken until a temporary license is received by a
qualifying broker
-If a temporary license lapse an applicant must retake the 60 hour pre license course
and also retake the and pass the state exam.
-A temporary license can not be renewed
-Temporary license to a original license: You need to do a 30 hour post license course.If
your going to go active you have 6 months to do it
, -If it pass 6 months it will be inactive (not lapse)
- 6 months will be start the first day of the next month
-The post license course counts as continuing education
✔✔Broker License - ✔✔-3 categories:Salesperson license, Company licenses, Broker
licenses
-Most have an active salesperson license for the pass 24 of the previous 36 months
-How to get reciprocal broker license: proof of your broker license,pass exam,60 hour
broker course
✔✔How to get reciprocal broker license: - ✔✔proof of your broker license,pass exam,60
hour broker course
✔✔Two types: brokers - ✔✔Qualifying broker and associate broker
-Qualifying broker: Is the supervising broker is responsible for company and branch
Associate broker:not a managing broker
✔✔A person may hold a timeshare license and real estate license - ✔✔at different times
in different places
-A timeshare is when someone buy a interval of time : Like a week of a condo at a
beach so you own a week
✔✔If a qualifying broker dies or becomes disable the company license - ✔✔will become
disable and the company has 30 days to designate a temporary qualifying broker
-Must be a broker or a salesperson with at least 1 year of experience .
-Have 6 months after the death to designate the real qualifying broker if the fail in 6
months the company will become disable
✔✔Changing licenses - ✔✔-$25 fee
To change brokers
-Change name or business location, every license has to pay $25.
-You have a branch license and a brach qualifying broker and a company license and
company qualifying broker —--both have to pay change names QB BL have 2 fees amd
QB CL have 2 $25 fees
-$0 fee is paid to go inactive
-Place of business
-Place of business needs to be separate from their home with a business line.
-All licenses needs to be publicly displayed
-Records and files must be kept at the brokerage
✔✔Cooperating with a nonresident broker - ✔✔1.The Alabama broker must require a
listing or joint listing of property involved and the agreement must include all terms of
the agreement including the financial terms.
2.They must supervise all showings and negotiations
3.The Alabama broker's name must appear in all advertising for the property.
AND ANSWERS SET A+
✔✔Reason why a lisencess can be denied: - ✔✔Felony or a crime regarding moral
turpitude(Crime of bad character)
-Applicant has 15 days to request for hearing after 15 days of being denied
-Non resident applicants have to sign a agreement with docs
✔✔Nola contender - ✔✔means that the defendant neither admits nor disputes the
charge . It is an alternative to pleading guilty or not pleading guilty. It is basically plea of
no contest.
-Residents have to notify commission of their address change with 30 days
✔✔Licensees who are non residents of Alabama must - ✔✔-Agree to be bound by the
AL real estate license law
-Agree that civil actions may be commenced against them
-Agree to be subject to investigations and disciplinary actions
-Agree that Arec has jurisdiction over all their real estate related activites
-Appoint the executive director or assistant executive director of the commission as as
the recipient of any legal notices against the licensee
✔✔-A active temporary license - ✔✔- Is only valid for 1 year
-90 days of passing state exam you have to submit for your temporary license
- A licensee has 6 months to complete the post license course
-Becomes in inactive in 6 months
-Has 6 months to do the post license course
-Post license course cannot be taken until a temporary license is received by a
qualifying broker
-If a temporary license lapse an applicant must retake the 60 hour pre license course
and also retake the and pass the state exam.
-A temporary license can not be renewed
-Temporary license to a original license: You need to do a 30 hour post license course.If
your going to go active you have 6 months to do it
, -If it pass 6 months it will be inactive (not lapse)
- 6 months will be start the first day of the next month
-The post license course counts as continuing education
✔✔Broker License - ✔✔-3 categories:Salesperson license, Company licenses, Broker
licenses
-Most have an active salesperson license for the pass 24 of the previous 36 months
-How to get reciprocal broker license: proof of your broker license,pass exam,60 hour
broker course
✔✔How to get reciprocal broker license: - ✔✔proof of your broker license,pass exam,60
hour broker course
✔✔Two types: brokers - ✔✔Qualifying broker and associate broker
-Qualifying broker: Is the supervising broker is responsible for company and branch
Associate broker:not a managing broker
✔✔A person may hold a timeshare license and real estate license - ✔✔at different times
in different places
-A timeshare is when someone buy a interval of time : Like a week of a condo at a
beach so you own a week
✔✔If a qualifying broker dies or becomes disable the company license - ✔✔will become
disable and the company has 30 days to designate a temporary qualifying broker
-Must be a broker or a salesperson with at least 1 year of experience .
-Have 6 months after the death to designate the real qualifying broker if the fail in 6
months the company will become disable
✔✔Changing licenses - ✔✔-$25 fee
To change brokers
-Change name or business location, every license has to pay $25.
-You have a branch license and a brach qualifying broker and a company license and
company qualifying broker —--both have to pay change names QB BL have 2 fees amd
QB CL have 2 $25 fees
-$0 fee is paid to go inactive
-Place of business
-Place of business needs to be separate from their home with a business line.
-All licenses needs to be publicly displayed
-Records and files must be kept at the brokerage
✔✔Cooperating with a nonresident broker - ✔✔1.The Alabama broker must require a
listing or joint listing of property involved and the agreement must include all terms of
the agreement including the financial terms.
2.They must supervise all showings and negotiations
3.The Alabama broker's name must appear in all advertising for the property.
