CE Shop AL missed questions final Exam Questions and Answers (Solved Papers) What's the maximum fine the Alabama Real Estate Commission can impose on a licensee? - Correct Answers
✅$2,500
Where can licensure applicants obtain the license application? - Correct Answers ✅At the testing center Lee is wondering if he really needs to complete his CE requirements during this licensing cycle. - Correct Answers ✅Those who have held a reciprocal license for less than a year at renewal time are exempt from completing CE requirements. The other questions aren't relevant to Lee's concern.Danny is 19 years old. He has a GED and has been working in real estate for the last 18 months. He's completed 60 hours of approved broker pre-licensing coursework online. Is he ready to take his broker's licensing exam? - Correct Answers ✅Danny's nearly there, but he does have to have at least 24 months of experience—and that experience must have been in the past 36 months.Trust funds have better protection when deposited into trust accounts because they are ______. - Correct Answers ✅Trust funds are protected from seizure when they're in an account labeled "trust account" or in a neutral escrow account. 1 / 2
CE Shop AL missed questions final Exam Questions and Answers (Solved Papers) After passing the real estate exam, applicants must send their application for licensure to the commission within _____ days. - Correct Answers ✅licensure applicants must apply for their Alabama real estate license within 90 days of passing the exam.Pablo, a salesperson for Freedom Realty in Montgomery, let his license lapse, and a client claims that his actions cost her money. Pablo and his qualifying broker Justin are looking into the situation, as is the AREC. If the AREC finds that damage has been done, who will be held responsible? - Correct Answers ✅As qualifying broker, Justin will be held responsible for Pablo's actions if Pablo is found guilty of violating license law.What is the difference between the process of renewing a salesperson's license and renewing a broker's license? - Correct Answers ✅The process is the same for renewing both license types.Rafael wants to be a real estate salesperson. He is 22 years old and a high school graduate. He has completed 50 hours of real estate coursework and has a broker friend who has agreed that Rafael can affiliate with him. Does Rafael qualify to take his exam? - Correct Answers ✅Alabama requires 60 hours of commission-approved real estate coursework first.
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