Alabama license - Study guides, Class notes & Summaries

Alabama License Law Exam Questions Complete Guide In the state of Alabama, what is the difference between a customer and a client? A. a client pays the commission B. a client is a seller while a customer is a buyer C. a client has signed an agreement for specific services D. a licensee has duties to a client but not to a customer ️D Which of the following is NOT an allowed brokerage relationship in Alabama? A. a limited nonconsensual dual agency B. a single agency C. a sub ag...

Alabama OTPS Exam Questions and Answers All Correct What are the modes of entry? - Answer-Dermal, oral, respitory, ocular When is the pesticide handler in greatest danger of exposure? - Answer-During mixing and loading Name the signal words from least toxic to most toxic. - Answer-Caution, warning, danger, danger poison What is the misuse statement? - Answer-Prohibits- increasing the rate over maximum application rate as per the label. Prohibits use of pesticide on a site not listed...

What is the general thrust of real estate legislation? ANSWER: -Establish personal, educational, and professional requirements for obtaining a license -Establish statutory guidelines of professional conduct and continuing education to maintain a license -Establish a regulatory entity to administer and enforce licensing -Authorize the regulatory body to create regulations and procedures that will enable it to discharge its legal responsibilities Associate Broker ANSWER: Any broker o...

Alabama License Law Exam Practice Quiz with Complete Solutions A broker who operates a brokerage business within the corporate city limits of Montgomery Must be sure his/her office is located in property zoned for business. Any person desiring to make an appeal of a decision or ruling of the Commission to a court must post a satisfactory appeal bond in the amount of______? $200 Of the following, who would be exempt from the licensure provisions of License Law? Public officers performing their...

Alabama Adjusters License Exam Questions and Answers (verified answers) 361 Questions

Alabama License Law Questions and Answers Already Passed How many days does a licensee have to notify commission of criminal prosecution or civil complaint? 10 days How many days does the real estate commission have to notify licensee of time, date, and place of hearing? 15 days How many days does the commission have to render a decision? 30 days How many days does a licensee have after the date of the commissions final order to file for rehearing? 30 days After transaction closes qualifyin...

Binders (27-14-18) - A binder is an instrument designed to provide immediate, temporary insurance coverage. Binders can be either written or oral. In the state of Alabama, how long are binders valid? - 90 days or until a policy is issued. Whichever is less In the state of Alabama, if a policy has not been issued within 90 days, can a Binder be extended or renewed? - Yes. If a policy has not been issued within 90 days, a Binder may be extended or renewed with the approval of the Commissione...

ALABAMA LIFE INSURANCE EXAM 2 2024 WITH 100% CORRECT ANSWERS UPDATED Dividend options are defined as ways in which the policy owner can: - ANSWERS receives dividends paid on any stock held A life insurance company may pay a death claim for less than the face amount of a policy under which of the following conditions? - ANSWERS All of the above Which policy will have immediate cash? - ANSWERS single premium The process of underwriting primarily involves what two key steps? - ANSWERS ris...

What is the general thrust of real estate legislation? -Establish personal, educational, and professional requirements for obtaining a license -Establish statutory guidelines of professional conduct and continuing education to maintain a license -Establish a regulatory entity to administer and enforce licensing -Authorize the regulatory body to create regulations and procedures that will enable it to discharge its legal responsibilities Associate Broker Any broker other than a qualifying b...