Alabama post license exam - Study guides, Class notes & Summaries

Aceable Agent Exam Questions with 100% Correct Answers C. client - answerA real estate agent works exclusively with buyers. They have chosen a specialization that focuses on the: A. geographical area B. commission split C. client D. property type C. sales prices are more negotiable for buyers - answerWhich of the following describes a buyers market? A. It's likely a seller can easily sell a home for more than the listing price B. Sellers are less likely to have to pay for closing cos...

GOLD COAST Real Estate 100% SOLUTION 2023//2024 Farming - ANSWER licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - ANSWER Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - ANSWER When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which sale...

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...

Alabama Real Estate License Exam Questions and Answers Already Passed After passing state exam, you have ___ days to apply for a Temporary License, either on an Active or Inactive basis. 90 Temporary Licenses are only valid for ___ year(s), and cannot be renewed. 1 For an Original License, you must pass a ___ hour post-license course. 30 If Temporary License is ACTIVE, the post-license course must be completed within ___ months. 6. If the post-license course is not completed within ___ year...

Gold Coast Chapter 2Caveat Emptor - correct answer Let the Buyer Beware (on property defects - before statutory law) Florida Real Estate License Law - correct answer F.S. 475 FREC - correct answer The Florida Real Estate Commission "The Commission" DBPR - correct answer The Department of Business and Professional Regulation (DBPR) DRE - correct answer The Division of Real Estate "The Division" License - correct answer Refers to any permit, registration, certificate, or l...

How long is a full term of an Alabama commissioner?five years If there is a total of nine commissioners on the Board of Commissioners with a seat for each of the seven congressional districts and a consumer member, who is the last seat reserved for?Black member According to Alabama license law, all offers to purchase must contain what type of clause prominently displayed in the contract?agency disclosure In a real estate company in Alabama, if an individual with a broker license is not ...

Alabama Salesperson Pre-Licensing Course Exam Prep: AL Real Estate Commission, Licensing, Regulations, and Practice Flashcard Set Purpose of license laws Protect consumers from unprofessional practices The four areas of real estate law Contracts, general property, agency, and state-specific license laws Alabama real estate recovery fund Compensates consumers who are awarded a judgment for fraud, deceit, or misrepresentation in a real estate transaction and have exhausted all other remedi...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Farming licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which ...

Alabama Salesperson Pre-Licensing Course Exam Prep: AL Real Estate Commission, Licensing, Regulations, and Practice Flashcard Set Purpose of license laws Protect consumers from unprofessional practices The four areas of real estate law Contracts, general property, agency, and state-specific license laws Alabama real estate recovery fund Compensates consumers who are awarded a judgment for fraud, deceit, or misrepresentation in a real estate transaction and have exhausted all other remedi...

Alabama Salesperson Pre-Licensing Course Exam Prep: AL Real Estate Commission, Licensing, Regulations, and Practice Flashcard Set Purpose of license laws Protect consumers from unprofessional practices The four areas of real estate law Contracts, general property, agency, and state-specific license laws Alabama real estate recovery fund Compensates consumers who are awarded a judgment for fraud, deceit, or misrepresentation in a real estate transaction and have exhausted all other remedi...