Post License Course Practice Exam
Alabama law states that a broker who accepts a net listing could face
disciplinary charges from the Alabama Real Estate Commission,
including having his or her licensed suspended, revoked, and/or correct
answersbeing required to pay a fee.
What type of phone call uses a computerized auto-dialer to deliver a
pre-recorded message? correct answersRobocalls
Who has the main responsibility for keeping records in a real estate
transaction? correct answersThe qualifying broker
If a landlord does not mail the deposit, partial deposit, and/or accounting
within the required 60-day period, the landlord must pay the tenant
correct answersdouble the deposit.
If a group of brokers belonging to a certain Board of REALTORS® get
together and decide they will charge a 20% commission on the purchase
of all commercial properties, those brokers are violating correct
answersantitrust laws.
It is crucial licensees follow property disclosure requirements. Failure to do so
can result in a licensee losing his or her license and/or correct answersfacing
a lawsuit.
The Statute of Frauds requires that certain contracts must be in writing to
be correct answersenforceable.
Properties that have existing easements could be viewed as correct
answersless desirable.
What do you call a person who obtains information, advice, or services
concerning real estate from a real estate licensee? correct answersA
consumer
How many months of property taxes does a buyer need to pay in
advance? correct answers3
What type of brokers are compensated based on the sale price where the
agent receives an agreed-upon fixed price when the property is sold?
correct answersFlat Fee Service Brokers
Neighborhoods considered "bad" because of high crime rates can and
often do face correct answersdeclining values.