Alabama State Exam Questions With
Accurate Solutions
1. describe all four services in writing
2. tell the consumer which services the firm offers
3. allow a consumer to make a choice - CORRECT ANSWER-A brokerage firms does
not have to offer all four (single agent, sub-agent, limited consensual dual agent, and
transaction broker) services however the brokerage firm must:
Real Estate Consumer's Agency Disclosure Act. - CORRECT ANSWER-What does
RECAD stand for?
four services that a licensee can offer the public - CORRECT ANSWER-RECAD says
that a form called the Real Estate Brokerage Services Disclosure form MUST be used
when describing the
A Consumer Information Booklet that is optional if a licensee wants to present it to a
consumer. The consumer should be encouraged to sign the mandatory Real Estate
Brokerage Services Disclosure form but the consumer does not have to sign it. -
CORRECT ANSWER-There is a tri-fold called
1. revoke the license
2. suspend the license
3. fine of $100 to $2,500
4. reprimand the licensee
5. require licensee to take continuing education
6. require restitution by licensee - CORRECT ANSWER-The Alabama Real Estate
Commission can:
, $ 185 renewal Fee
$ 150 Late Fee
---------------------
$ 335 TOTAL Owed to Renew - CORRECT ANSWER-What if a licensee with a
salesperson's license misses the August 31 deadline to renew his or her licensee. What
is owed?
90 days after passing the exam - CORRECT ANSWER-Persons who pass the licensing
examination must file the license application with the Commission within
6 months of issuance of a temporary license - CORRECT ANSWER-Temporary
salesperson licensees must complete the post license course and submit application for
an original salesperson's license within? If this requirement is not met, the temporary
license expires and is placed on inactive status.
1 year of issuance of the temporary salesperson's license. - CORRECT ANSWER-A
temporary salesperson's license lapses if the post license course is not completed and
an original license issued within
1 Year - CORRECT ANSWER-Students have 1 year after enrolling in a pre-license
course to complete it or the student will receive no credit for classes completed and
must begin the course again.
12 months of completing the 60-hour pre-license course. - CORRECT ANSWER-
Students must take and pass the salesperson's exam and submit the application for a
license within
12 months of completing the 60-hour pre-license course. - CORRECT ANSWER-
Students must take and pass the broker's exam and submit the application for a license
within
Accurate Solutions
1. describe all four services in writing
2. tell the consumer which services the firm offers
3. allow a consumer to make a choice - CORRECT ANSWER-A brokerage firms does
not have to offer all four (single agent, sub-agent, limited consensual dual agent, and
transaction broker) services however the brokerage firm must:
Real Estate Consumer's Agency Disclosure Act. - CORRECT ANSWER-What does
RECAD stand for?
four services that a licensee can offer the public - CORRECT ANSWER-RECAD says
that a form called the Real Estate Brokerage Services Disclosure form MUST be used
when describing the
A Consumer Information Booklet that is optional if a licensee wants to present it to a
consumer. The consumer should be encouraged to sign the mandatory Real Estate
Brokerage Services Disclosure form but the consumer does not have to sign it. -
CORRECT ANSWER-There is a tri-fold called
1. revoke the license
2. suspend the license
3. fine of $100 to $2,500
4. reprimand the licensee
5. require licensee to take continuing education
6. require restitution by licensee - CORRECT ANSWER-The Alabama Real Estate
Commission can:
, $ 185 renewal Fee
$ 150 Late Fee
---------------------
$ 335 TOTAL Owed to Renew - CORRECT ANSWER-What if a licensee with a
salesperson's license misses the August 31 deadline to renew his or her licensee. What
is owed?
90 days after passing the exam - CORRECT ANSWER-Persons who pass the licensing
examination must file the license application with the Commission within
6 months of issuance of a temporary license - CORRECT ANSWER-Temporary
salesperson licensees must complete the post license course and submit application for
an original salesperson's license within? If this requirement is not met, the temporary
license expires and is placed on inactive status.
1 year of issuance of the temporary salesperson's license. - CORRECT ANSWER-A
temporary salesperson's license lapses if the post license course is not completed and
an original license issued within
1 Year - CORRECT ANSWER-Students have 1 year after enrolling in a pre-license
course to complete it or the student will receive no credit for classes completed and
must begin the course again.
12 months of completing the 60-hour pre-license course. - CORRECT ANSWER-
Students must take and pass the salesperson's exam and submit the application for a
license within
12 months of completing the 60-hour pre-license course. - CORRECT ANSWER-
Students must take and pass the broker's exam and submit the application for a license
within
