Colibri Real Estate 30-Hour Alabama
Post License Course Practice Exam
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 ANSWER-facing a lawsuit.
The Statute of Frauds requires that certain contracts must be in writing to be -
CORRECT ANSWER-enforceable.
Properties that have existing easements could be viewed as - CORRECT ANSWER-
less desirable.
What do you call a person who obtains information, advice, or services concerning real
estate from a real estate licensee? - CORRECT ANSWER-A consumer
How many months of property taxes does a buyer need to pay in advance? -
CORRECT ANSWER-3
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 ANSWER-
Flat Fee Service Brokers
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 ANSWER-being required to pay a
fee.
What type of phone call uses a computerized auto-dialer to deliver a pre-recorded
message? - CORRECT ANSWER-Robocalls
Who has the main responsibility for keeping records in a real estate transaction? -
CORRECT ANSWER-The 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 ANSWER-double
the deposit.
Post License Course Practice Exam
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 ANSWER-facing a lawsuit.
The Statute of Frauds requires that certain contracts must be in writing to be -
CORRECT ANSWER-enforceable.
Properties that have existing easements could be viewed as - CORRECT ANSWER-
less desirable.
What do you call a person who obtains information, advice, or services concerning real
estate from a real estate licensee? - CORRECT ANSWER-A consumer
How many months of property taxes does a buyer need to pay in advance? -
CORRECT ANSWER-3
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 ANSWER-
Flat Fee Service Brokers
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 ANSWER-being required to pay a
fee.
What type of phone call uses a computerized auto-dialer to deliver a pre-recorded
message? - CORRECT ANSWER-Robocalls
Who has the main responsibility for keeping records in a real estate transaction? -
CORRECT ANSWER-The 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 ANSWER-double
the deposit.
