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Alabama Real Estate Exam Questions and Answers 2024

Alabama Real Estate Exam Questions and Answers 2024

Alabama Real Estate Exam Questions and Answers 2024

Alabama Real Estate Exam Questions and Answers 2024

1. describe all four services in writing 2. tell the consumer which services the firm offers 3. allow a consumer to make a choice A brokerage firms does not have to offer all four (single agent, sub-agent, limited consensual dual agent, and transaction broker) services however the brokerage firm must: Real Estate Consumer's Agency Disclosure Act. What does RECAD stand for? four services that a licensee can offer the public RECAD says that a form called the Real Estate Brokerage Services Discl...

A buyer's agent receives a written offer on a single family residence that her buyers wish to submit. What must the agent provide to her buyer at the time the buyer signs the written offer? A. An explanation of limited dual consensual agency. B. A copy of the Alabama Consumer Information booklet. C. A copy of the written offer for the buyer's records. D. A complete estimated closing statement. D. A complete estimated closing statement. At the time the buyer signs the written offer, the licens...

The end result of rescinding the contract is that? The contract is null and void If a contractor is planning to build a new apartment complex he or she needs to consult the Americans with disabilities act standards to Avoid any potential find by the United States Attorney General What is true regarding the platform-frame construction method? It is the type of construction most generally used in home building What type of agent has the power of attorney? Universal Agent An agent's duties to ...

Which of these people can be helped by Alabama's real estate regulations? A) Dale found a small shed that he wants to buy for his backyard. However, the shed is used, and he's not sure if it's well made. B) Lucy wants to rent an apartment. She found one that looks nice, but she's not sure that the landlord's rules are fair. C) Samantha wants to start a small bakery in her town, which means there's a lot of paperwork she has to do. She's not sure where to go. D) Trent is selling a car, and he's e...

In which of these matters is AREC most likely to get involved? Adam has been engaging in real estate activities, but his license lapsed five years ago The ______ enforces Alabama real estate rules and regulations. Alabama Real Estate Commission Where will you find official documentation about the licensing of real estate professionals? State Laws and regulations Which area of real estate law covers the rights of ownership and tenancy, and the government's rights and authority under eminent do...

The Alabama Real Estate License Law requires licenses for _____.brokers and salespeople Someone who receives compensation from a principal for buying, selling, leasing, renting, exchanging, or optioning real property is a real estate _____.broker In order to sell property in Alabama, an individual _____.may cooperate with an Alabama real estate licensee and must have an Alabama real estate license The education and examination requirements for licensure as an associate broker are _____.the sa...