All of the following might be grounds for the Commission to refuse to issue a license EXCEPT:

Revocation of a previously held license.

Which of the following could prevent an individual from being eligible for a real estate license in Alabama?

Being found guilty of previously writing “bad” checks

Being 18 years of age while attending the pre-license course

Not having a bachelor’s degree

Being an alien with permanent resident status

Jackie lives in Georgia and wishes to earn an Alabama real estate salesperson’s license. Which of the following NOT a requirement for Jackie?

C. She must establish residency in Alabama.

A. She must be at least 19 years old.

B. She must furnish proof of completion of 60 hours of real estate approved courses.

D. She must prove she has a high school diploma or a GED.

In order to obtain an "original license," an applicant must complete the 60-hour pre-licensure course, pass the state licensing exam, obtain a temporary license, and...?

Complete a 30-hour post licensure course

Complete 15 hours of continuing education courses

Complete five real estate transactions

Obtain an associate broker’s signature on his/her application.

An out of state broker may enter into a co-brokerage agreement with an Alabama broker if...?

The Alabama broker files the agreement with the real estate commission within 10 days.

All advertising by the out-of-state broker carries the name of the Alabama broker.

Any earnest money is placed in the Alabama broker’s trust account.

If a licensee with a Georgia real estate license wanted to be the only licensee on an exclusive right-to-sell listing agreement for a property located in Alabama, what type of license would be required?

An active reciprocal broker license

An active temporary salesperson license

An active original salesperson license

An active original broker license

According to Alabama license law, a 60-hour real estate pre-licensure course must be completed within what timeframe?

One year from the date of enrollment in the course

Six months from the first day of the month after passing the licensing examination.

Ninety days before taking the state licensing exam.

Twenty-four months after the first day that class begins.

Within what timeframe must applicants for salespersons must pass the state licensing examination?

Within six months of completion of a pre-license course

Within ninety days of completing a pre-license course

Within one year of enrollment in a pre-license course

Within six months of receiving a temporary active license

All of the following are true about cooperating with a nonresident broker EXCEPT: A. The Alabama broker must file within fifteen (15) days of creation and signing a copy of the written agreement with the Commission. B. The Alabama broker must verify that the cooperating non-resident broker is licensed as a broker in another state. C. The Alabama broker’s name must appear in all advertising for the property. D. The Alabama broker must require a listing or joint listing of property involved.

The Alabama broker must file within fifteen (15) days of creation and signing a copy of the written agreement with the Commission.

The Alabama broker must verify that the cooperating non-resident broker is licensed as a broker in another state.

The Alabama broker’s name must appear in all advertising for the property.

The Alabama broker must require a listing or joint listing of property involved.

What happens to the active license certificate when it is issued?

It is issued to the employing broker’s business address.

It is mailed to the licensee’s home address.

The license must pick it up from the Alabama Real Estate Commission.

It is mailed to the employing broker’s home address.

Mr. Smith and Mrs. Jackson are partners in a real estate firm. Mr. Smith, the qualifying broker, dies unexpectedly. All of the following statements are true EXCEPT: A. A salesperson with at least 12 months of active licensure may serve as the temporary qualifying broker. B. The temporary broker can sign all documents that must be filed with the Commission. C. If a new qualifying broker is not found in the allotted time, the Commission will classify the company license as inactive. D. The firm has 60 days to secure a new temporary qualifying broker.

D. The firm has 60 days to secure a new temporary qualifying broker.

A. A salesperson with at least 12 months of active licensure may serve as the temporary qualifying broker.

B. The temporary broker can sign all documents that must be filed with the Commission.

C. If a new qualifying broker is not found in the allotted time, the Commission will classify the company license as inactive.

After passing the state licensing exam and applying for an active temporary license, what must the licensee do within six months?

Complete the required 30-hour post-license course and apply for an original license.

Complete the required 30-hour post-license course.

Complete 15 hours of continuing education courses.

Sandy passed the state licensing exam and applied for an inactive temporary license. If she fails to complete the required 30-hour post-license course within six months, what will happen to her license?

It will expire, and she will have to repeat the licensing process again starting with the pre-license course.

It will lapse, and she will have to retake the state licensing exam.

She may apply for a 3-month extension from the Alabama Real Estate Commission.

To obtain an Alabama broker license, an individual must meet all of the following criteria EXCEPT: A. Have held an active salesperson license for 24 of the last 36 months. B. Complete a 60-hour broker course. C. Pass the state broker licensing exam with 70% or better. D. Be a resident of Alabama.

Have held an active salesperson license for 24 of the last 36 months.

Complete a 60-hour broker course.

Pass the state broker licensing exam with 70% or better.

All of the following are true about associate brokers EXCEPT: A. An associate broker holds the same position in the brokerage as a salesperson. B. An associate broker is not a supervising/managing broker and has neither the authority nor the responsibility that belongs to the qualifying broker. C. If a salesperson in the brokerage where the associate broker is an agent harms a member of the public, the associate broker is just as responsible as the qualifying broker. D. An associate broker may serve as the temporary qualifying broker if the need arose in the brokerage.

C. If a salesperson in the brokerage where the associate broker is an agent harms a member of the public, the associate broker is just as responsible as the qualifying broker.

A. An associate broker holds the same position in the brokerage as a salesperson.

B. An associate broker is not a supervising/managing broker and has neither the authority nor the responsibility that belongs to the qualifying broker.

D. An associate broker may serve as the temporary qualifying broker if the need arose in the brokerage.

If the licensee with a temporary license fails to complete the post-license course and subsequently does not apply for the original license within the 1-year timeframe, what will happen to the temporary license?

The temporary license will lapse, and the individual will have to repeat the licensing process beginning with the salesperson pre-license course.

The temporary license will expire, and the individual will have to repeat the licensing process beginning with the salesperson pre-license course.

The temporary license will expire, and the individual will have to retake the state licensing exam.

The temporary license will lapse, and the individual will have to retake the state licensing exam.

A qualifying broker may serve more than one company at a time if all of the following conditions are met EXCEPT:

A copy of the written consent is filed with the local board of REALTORS®.

All companies involved agree and give their consent in writing.

He conducts all real estate business for all companies from one physical office location.

A copy of the written consent is filed with the Alabama Real Estate Commission.

A student took the state licensing exam, failed it and then took the post-license course. Shortly after that, he took the real estate exam again and passed it. Because of this, what should happen?

The student cannot receive credit for the post-license course and must repeat it.

The student can now apply for his original license.

His broker will now receive the original license.

He must now complete 15 hours of continuing education.

If an associate broker violates Alabama license law, who is held liable?

The associate broker and his qualifying broker

An out of state broker may enter into a co-brokerage agreement with an Alabama broker if all of the following criteria are met EXCEPT:

Any earnest money is placed in the out-of-state broker’s trust account.

The Alabama broker supervises all showings and all negotiations related to the property.

All advertising by the out-of-state broker carries the name of the Alabama broker.

The Alabama broker verifies that the cooperating broker is licensed as a broker in another state.

If a salesperson wishes to be a qualifying broker for her real estate firm and a vacation timeshare, under what circumstance would this be possible?

The partners in her firm must consent.

She must do business for both companies from the same location.

If a qualifying broker violates Alabama license law, who is held liable?

Any associate broker at the brokerage with over five years’ experience.

The qualifying broker and any associate broker with over five years’ experience.

Betty Broker can have a real estate office in her home rather than at a business location if what criteria are met?

The office is not used for living or any purpose other than real estate.

The office has a separate telephone and a separate entrance.

No other licensee operates out of the office in Betty’s home and she lives in a rural area.

A broker may serve as a qualifying broker for more than one sole proprietorship, organization or partnership if...?

All the partnerships or organizations are located at the same address.

All officers or partners of all involved organizations have given permission.

He has a separate license for each firm he represents.

All of the following statements are TRUE about company licenses EXCEPT: A. Real estate companies and their branches must each have a company license. B. The corporate office and each branch office must be under the supervision of a separate associate broker licensed at that address. C. An individual licensee may be the qualifying broker for more than one company or branch office if both offices are located in the same physical location. D. An individual may run an office out of his home if he lives in a rural area, has a separate phone line and entrance, is the only licensee and uses that space exclusively for his real estate business.

B. The corporate office and each branch office must be under the supervision of a separate associate broker licensed at that address.

A. Real estate companies and their branches must each have a company license.

C. An individual licensee may be the qualifying broker for more than one company or branch office if both offices are located in the same physical location.

D. An individual may run an office out of his home if he lives in a rural area, has a separate phone line and entrance, is the only licensee and uses that space exclusively for his real estate business.

Thomas just got his broker's license and wants to open an office in his home. Is this possible if Thomas lives within the city limits?

No, this is not allowed per Alabama license law.

Yes, as long as he is the only licensee at the brokerage.

Yes, as long as he informs the Commission in writing.

No, he must serve as an associate broker for two years under a qualifying broker before opening his own brokerage.

When a real estate company maintains an on-site office in a condominium building or complex, this office is not required to have a branch office license, provided all of the following conditions are met EXCEPT:

The activities of all licensed and unlicensed persons in the office are confined to the business of that one condominium building or complex.

Licensees are present to show property for sale or rent.

Licensees are present to consummate the rental agreements.

Unlicensed staff members show property for sale or rent only on the weekends.

Betty Broker lives in a rural area and can have a real estate office in her home rather than at a business location if...?

All of the above criteria must be met.

The office is not used for living or any purpose other than real estate business.

The office has a separate telephone and a separate entrance.

No other licensee operates out of the office in Betty's home.

Who must apply for the company license according to Alabama license law?

The owner or the qualifying broker

Any licensed employee of the company

Where must company licenses be displayed according to Alabama license law?

Licenses are not required to be displayed as long as they are active.

Company licenses must be publicly displayed at the address on license.

On the wall in the office of the qualifying broker.

In the home office of each agent.

A local building contractor has an agreement to list and show his model homes and newly built homes with a local real estate brokerage. The real estate brokerage keeps a small office in one of the model homes and its agents show properties and complete sales contracts. Is this office required to display a license?

No, this office shall not be considered a branch real estate office as long as certain criteria are met and thus is not required to display a license.

No, a license is not needed for new construction homes only.

Yes, as long as licensees are present and showing property, a license must be on display.

Yes, as long as qualifying broker is on-site, a license must be displayed.

In Alabama, to avoid a penalty, licenses must be renewed:

By August 31 of the second year of the licensure period

Annually, on the agent’s birthday

Annually, in the month originally issued.

Semiannually, in odd numbered years.

A qualifying broker’s license must: A. Be kept safe in a locked file in the broker’s private office. B. Be posted on the wall in an agent’s office at the brokerage. C. Reflect the name and current business address of the broker. D. Be carried in card form by the broker, available for inspection.

Reflect the name and current business address of the broker.

Be kept safe in a locked file in the broker’s private office.

Be posted on the wall in an agent’s office at the brokerage.

Be carried in card form by the broker, available for inspection.

If a licensee fails to renew his/her license by September 30th of the final year of a licensing period, the license will…?

Lapse and the former licensee will have to start with pre-license course.

Automatically renew upon payment of a penalty

Be suspended for a 12-month period.

Lapse and the licensee will have to take CE classes to qualify to renew.

Continuing education (CE) courses must be taken each licensure period to be able to renew an Alabama real estate license. The total number of CE hours required during a licensure period and the standard for passing is…?

15 hours and no passing or failing grade.

12 hours and a 70% passing grade for each course.

30 hours and an 80% passing grade.

9 hours and no passing or failing grade.

If a licensee wishes to transfer to another brokerage and asks his broker to send the license back to the Commission, the licensee is not able to practice real estate from the moment his license is returns to the Commission until the moment the new license has been received by the new broker, unless…?

It was sent certified or registered mail and the licensee holds the receipt.

The old broker personally delivered the license to the Commission.

It was received by the new broker and delivered by him to the Commission.

The new broker issues a power of attorney to the licensee.

License Law Exam

Authored by Marlene Collins

Mathematics

9th Grade

Used 1+ times

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100 questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the following tasks do not require a real estate license EXCEPT: A. Acting as a ground’s person at an auction for real property. B. Selling timeshares on the Gulf Coast C. Managing an apartment complex of 200 units D. Dealing in options on real estate

Acting as a ground’s person at an auction for real property.

Selling timeshares on the Gulf Coast

Managing an apartment complex of 200 units

Dealing in options on real estate

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An unlicensed receptionist in a real estate office greets a visitor with “Welcome to Ready Realty. How may I assist you?” If the customer asks questions about a specific property listed by the brokerage, under Alabama license law, how may the receptionist assist the consumer?

She may answer any question asked about the price or size of the property.

She may answer his questions by referring him to the MLS.

She may refer the customer to the agent on duty to answer his questions.

She may call the seller and ask if the seller can meet with the customer.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Alabama license law, without a real estate license, it is unlawful to do all of the following EXCEPT:

Auction, or attempt to auction, real estate.

Manage an apartment complex with 100 units.

Buy or sell options in real estate.

Solicit buyers or renters.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who would not need a real estate license?

An attorney handling real estate for an estate.

A salesperson working on a commission basis for a home builder.

A leasing agent for a commercial property management company

A friend marketing a neighbor’s house for a flat fee of $1,000.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following tasks require a real estate license EXCEPT:

Auctioning real property

Procuring prospects for renting real estate

Selling cemetery lots

Dealing in options on real estate

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An unlicensed assistant may not perform any of the following tasks EXCEPT:

Procure prospects.

Show listed properties.

Negotiate sales or leases.

Place signs on property

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Alabama license law, Glenda is...?

Required to have a salesperson’s license.

Violating license law

Required to have a broker’s license.

Exempt from the license law.

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License Law Exam

All the following tasks do not require a real estate license EXCEPT: A. Acting as a ground’s person at an auction for real property. B. Selling timeshares on the Gulf Coast C. Managing an apartment complex of 200 units D. Dealing in options on real estate

An unlicensed receptionist in a real estate office greets a visitor with “Welcome to Ready Realty. How may I assist you?” If the customer asks questions about a specific property listed by the brokerage, under Alabama license law, how may the receptionist assist the consumer?

Under Alabama license law, without a real estate license, it is unlawful to do all of the following EXCEPT:

Who would not need a real estate license?

All of the following tasks require a real estate license EXCEPT:

An unlicensed assistant may not perform any of the following tasks EXCEPT:

According to Alabama license law, Glenda is...?

To be eligible to obtain a real estate license in Alabama a person must be of at least what age?

All of the following might be grounds for the Commission to refuse to issue a license EXCEPT:

Which of the following could prevent an individual from being eligible for a real estate license in Alabama?

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