Real Estate State Exam: Alabama Law
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Question : To qualify for a real estate salesman license in
Alabama, a person must:
complete a course of study having a minimum of 60 classroom hours
Correct answer: complete a course of study having a
minimum of 60 classroom hours
Question : Broker Mary Hart operates a brokerage business
within the corporate city limits of Montgomery. Hart:
Must be sure her office is located on property zoned for business
Correct answer: Must be sure her office is located on property
zoned for business
Question : Under Alabama law, a licensee is prohibited from
all of the following except:
Failing to maintain adequate records of withdrawals and disbursements from his or her business account
Correct answer: Failing to maintain adequate records of
withdrawals and disbursements from his or her business account
Question : When a complaint is filed against an Alabama
licensee:
The commission must notify the licensee of the charge at least 15 days prior to the hearing
Correct answer: The commission must notify the licensee of
the charge at least 15 days prior to the hearing
Question : All of the following are regulated by the Alabama
Real Estate License Law Except :
Real Estate Appraiser
Correct answer: Real Estate Appraiser
Question : The primary purpose of the Real Estate
Commission is to:
Protect the public
Correct answer: Protect the public
Question : A company who wishes to maintain more than one
business location must apply for:
a license for each location
Correct answer: a license for each location
Question : A qualifying broker is required to keep copies of
sales contracts, records of trust monies, and other documents
relating to a sale of real estate for a period of:
Three years
Correct answer: Three years
Question : An individual violating a provision of the Real
Estate license law for the first time can, if convicted, face:
a fine of not less than $100 and no more than $2500
Correct answer: a fine of not less than $100 and no more than
$2500
Question : A real estate license is required for all of the
following except:
selling personally owned property
Correct answer: selling personally owned property
Question : Which of the following is not grounds for
suspension, or revocation of a license or other punishment of the licensee by the Real Estate Commission?Failing to notify the Multiple Listing Service of a sale of listed property.
Correct answer: Failing to notify the Multiple Listing Service
of a sale of listed property.
Question : The commission's final decision on a disciplinary
action hearing may be appealed to the Alabama circuit court
within:
30 days