Alabama State and National Real Estate Review for State Test from Real Estate Express

A buyer's agent receives a written offer on a single family residence that her buyers wish to submit. What must the agent provide to her buyer at the time the buyer signs the written offer? A. An explanation of limited dual consensual agency. B. A copy of the Alabama Consumer Information booklet. C. A copy of the written offer for the buyer's records. D. A complete estimated closing statement. D. A complete estimated closing statement. At the time the buyer signs the written offer, the licensee must present ______________ that contains the licensee's best estimates of all costs the buyer is expected to have at closing and the approximate amounts of those costs. an estimated closing statement The Alabama Real Estate Commission is comprised of 12 members. 4 members. 6 members. 9 members. 9 members Which of the following is TRUE of permanent school records? Schools maintain attendance and course completion records for 1 year, but applicants and licensees must retain copies of their school records for at least 3 years from the date of course completion. Schools are expected to maintain attendance and course completion records for a maximum of 2 years. Schools are expected to maintain attendance and course completion records for a minimum of 4 years. All attendance and course completion records are electronically archived by the Alabama Real Estate Commission for a minimum of 6 years. Schools are expected to maintain attendance and course completion records for a minimum of 4 years. Schools are expected to maintain permanent records showing attendance and course completion for _____________. at least 4 years. To meet continuing education requirements each license period, licensees must complete which of the following course sequences approved by the Commission? A course in Risk Management plus 1 of the following: License Law/Trust Funds; Fair Housing, Equal Opportunity and ADA; or RECAD. A course in RECAD plus 2 of the following: License Law/Trust Funds; Fair Housing, Equal Opportunity and ADA; or Risk Management. Any 3 of the following courses: License Law/Trust Funds; Fair Housing, Equal Opportunity and ADA; Risk Management; or RECAD. 1 course in each of the following areas: License Law/Trust Funds; Fair Housing, Equal Opportunity and ADA; RECAD; and Risk Management. A course in Risk Management plus 1 of the following