Alabama real - Study guides, Class notes & Summaries

Alabama Real Estate Post-License Exam with complete verified solutions

Alabama Real Estate License Law Questions and Answers 100% Pass 15 days AREC must give __?____ days notice of the hearing? 30 days How many days does AREC have to give before their decision is stated? 30 days How many days does the licensee have to decide if they will accept the decision of AREC or appeal it? conversion spending earnest money = theft misuse of trust accounts What is the #1 violation that would cause a license to be revoked or suspended? detailed closing statement showing al...

Alabama Real Estate License Exam 2024 Questions and Answers (verified answers)

Alabama Real Estate Exam Questions and Answers 2024

Alabama Real estate Recip Rated A The consumer member of the Alabama Real Estate Commission must be _____. a licensed broker a licensed salesperson an owner of real property a licensed salesperson or broker an owner of real property Which of the following is NOT a purpose of the Alabama Real Estate License Law? to set qualifications for licensees to enhance the standards of the real estate profession to protect the public against incompetent licensees to regulate commission r...

Alabama Real Estate Exam Questions And Answers...

"To uphold, protect, and promote the public interest, which embraces the interests of regulated licensees and entities and the interest of consumers, by the fair and impartial development and administration of licensing laws and regulations." - Alabama Real Estate Commission Mission Statement Protect consumers from unprofessional practices. - What is the primary purpose of license laws? Buyers, Sellers, Tenants, and Land/Building Owners - Who does license law protect? Law of Contracts...

Alabama Real Estate Exam Prep | With complete solution 2024/25

Alabama Real Estate Final Exam Study Guide - 60 Hour Course Updated (2024 / 2025) Questions and Verified Answers, 100% Guarantee Pass

Alabama Real Estate Exam Already Graded A+ Special or Specific Agency ️The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. General ️Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. Designated agency ️A dual age...