Real estate Exam Study Questions with 100%
Verified Answers
$67,000. What is the amount she'll receive? - $25,000
Which of the following is a disciplinary action that the commission may NOT take against a
licensee? - A jail sentence of up to 18 months
What action may licensees take if they're unhappy with the commission's final decision on
their hearing? - They may request a rehearing.
Which of the following is NOT a source of revenue for the Alabama Recovery Fund? -
a 5% assessment on all licensee commissions for a month
Adele's not at all happy with the commission's final decision on her hearing because she
believes the commission is forcing her to sell off many of the assets of her brokerage. "Can it
really do that?" Adele wonders. Does she have a reason to file an application for a
rehearing? - Yes, because she has reason to believe that the commission acted
outside its legal authority.
Appeal notices are typically filed in the circuit court of Montgomery County, along with a
______ appeal bond. - $200
Which of the following is NOT a disciplinary action that the commission may take? -
Require the licensee to leave the state.
Joe's a consumer who's been awarded a judgment for his real estate agent's
misrepresentation on a sale. But the licensee is broke. What fund is available in Alabama to
provide Joe relief? - Real Estate recovery fund
The commission is holding a hearing for licensee Dana. Which of the following is she NOT
allowed to do? - Ask a commission member to testify on her behalf, since the
commission is running her hearing.
,Margot has been engaging in some shady real estate practices, but no one has filed a
complaint against her. However, the Alabama commission hears about them. What options
does the commission have? - Launch an investigation without a written complaint.
Dean was accused of writing a fraudulent contract. During his hearing, he brought a copy of
the contract, and his lawyer demonstrated that it was legal. He was found guilty, and the
commission never addressed his lawyer's points. Can Dean ask for a rehearing? - Yes,
because the outcome was opposed to reliable evidence.
Adele's received notice of a complaint and a request for a hearing from the Alabama
commission. Where will her hearing most likely be conducted? - Montgomery County
The commission is investigating the actions and records of Alabama licensee Thomasina.
Which of the following is true? - The commission can investigate Thomasina without a
written complaint.
Bob holds a real estate license in Tennessee and is looking to obtain a reciprocal license in
Alabama. Which of the following is a requirement he must meet? - Complete six
hours of Alabama pre-licensing education.
Danielle doesn't live in Alabama. She's entered into a written agreement with an Alabama
broker that says that they agree to work together on a particular transaction. The written
agreement gives details about the property in question, and Danielle now has to file the
written agreement with AREC. What kind of agreement is this? - Co-brokerage
License candidates must request a ____________ prior to applying for an Alabama real
estate license. - Criminal record check with fingerprinting.
Which of the following activities can a person without a real estate licence in Alabama? -
Selling personally-owned property
, George wants to co-broker a home purchase in Alabama. His state allows this arrangement.
Which of the following is a requirement he must meet? - Enter into a written
agreement with an Alabama broker.
What's one of the steps you need to take if you choose to affiliate with a different broker? -
Notify the commission by certified or registered mail.
imbo doesn't yet have a real estate license. Which activity is he legally allowed to perform
without one? - Give advice to a friend who is negotiating the purchase of a house.
What must you have to apply as a real estate salesperson in Alabama? - A sponsoring
broker
Karen would like to sell her own home. What's the minimum real estate license she must
possess? - None
Clint has always had an interest in real estate. He's helped a few friends determine the
asking price for their properties, and now he's considering going into business doing this
kind of work. Will Clint need a real estate license? - Yes, he will.
The commission placed Holly's license on inactive status because she didn't complete the
30-hour post-licensing education requirement within six months of receiving her temporary
Alabama real estate license. What does this mean for her? - She'll need to complete
the post-licensing education within one year of receiving her temporary license. In the
meantime, she can't practice real estate.
Which of the following statements about post-licensing education requirements is true for
real estate licensees in Alabama? - Temporary active licensees must complete 30
hours of PLE within their first six months to receive an original license.
What's the difference between a temporary and an original salesperson license in Alabama?
- You get your temporary license when you pass your exam; you get your original
license when you pass your PLE.
Verified Answers
$67,000. What is the amount she'll receive? - $25,000
Which of the following is a disciplinary action that the commission may NOT take against a
licensee? - A jail sentence of up to 18 months
What action may licensees take if they're unhappy with the commission's final decision on
their hearing? - They may request a rehearing.
Which of the following is NOT a source of revenue for the Alabama Recovery Fund? -
a 5% assessment on all licensee commissions for a month
Adele's not at all happy with the commission's final decision on her hearing because she
believes the commission is forcing her to sell off many of the assets of her brokerage. "Can it
really do that?" Adele wonders. Does she have a reason to file an application for a
rehearing? - Yes, because she has reason to believe that the commission acted
outside its legal authority.
Appeal notices are typically filed in the circuit court of Montgomery County, along with a
______ appeal bond. - $200
Which of the following is NOT a disciplinary action that the commission may take? -
Require the licensee to leave the state.
Joe's a consumer who's been awarded a judgment for his real estate agent's
misrepresentation on a sale. But the licensee is broke. What fund is available in Alabama to
provide Joe relief? - Real Estate recovery fund
The commission is holding a hearing for licensee Dana. Which of the following is she NOT
allowed to do? - Ask a commission member to testify on her behalf, since the
commission is running her hearing.
,Margot has been engaging in some shady real estate practices, but no one has filed a
complaint against her. However, the Alabama commission hears about them. What options
does the commission have? - Launch an investigation without a written complaint.
Dean was accused of writing a fraudulent contract. During his hearing, he brought a copy of
the contract, and his lawyer demonstrated that it was legal. He was found guilty, and the
commission never addressed his lawyer's points. Can Dean ask for a rehearing? - Yes,
because the outcome was opposed to reliable evidence.
Adele's received notice of a complaint and a request for a hearing from the Alabama
commission. Where will her hearing most likely be conducted? - Montgomery County
The commission is investigating the actions and records of Alabama licensee Thomasina.
Which of the following is true? - The commission can investigate Thomasina without a
written complaint.
Bob holds a real estate license in Tennessee and is looking to obtain a reciprocal license in
Alabama. Which of the following is a requirement he must meet? - Complete six
hours of Alabama pre-licensing education.
Danielle doesn't live in Alabama. She's entered into a written agreement with an Alabama
broker that says that they agree to work together on a particular transaction. The written
agreement gives details about the property in question, and Danielle now has to file the
written agreement with AREC. What kind of agreement is this? - Co-brokerage
License candidates must request a ____________ prior to applying for an Alabama real
estate license. - Criminal record check with fingerprinting.
Which of the following activities can a person without a real estate licence in Alabama? -
Selling personally-owned property
, George wants to co-broker a home purchase in Alabama. His state allows this arrangement.
Which of the following is a requirement he must meet? - Enter into a written
agreement with an Alabama broker.
What's one of the steps you need to take if you choose to affiliate with a different broker? -
Notify the commission by certified or registered mail.
imbo doesn't yet have a real estate license. Which activity is he legally allowed to perform
without one? - Give advice to a friend who is negotiating the purchase of a house.
What must you have to apply as a real estate salesperson in Alabama? - A sponsoring
broker
Karen would like to sell her own home. What's the minimum real estate license she must
possess? - None
Clint has always had an interest in real estate. He's helped a few friends determine the
asking price for their properties, and now he's considering going into business doing this
kind of work. Will Clint need a real estate license? - Yes, he will.
The commission placed Holly's license on inactive status because she didn't complete the
30-hour post-licensing education requirement within six months of receiving her temporary
Alabama real estate license. What does this mean for her? - She'll need to complete
the post-licensing education within one year of receiving her temporary license. In the
meantime, she can't practice real estate.
Which of the following statements about post-licensing education requirements is true for
real estate licensees in Alabama? - Temporary active licensees must complete 30
hours of PLE within their first six months to receive an original license.
What's the difference between a temporary and an original salesperson license in Alabama?
- You get your temporary license when you pass your exam; you get your original
license when you pass your PLE.
