Alabama License Law Quiz

Questions and Answers

What is the purpose of license law in Alabama?

Do everything necessary to enforce Alabama license law and adopt and enforce rules and regulations.

How many Real Estate commissioners are there in Alabama?

What are the qualifications for the 7 Commissioners and black commissioner?

An AL resident for 10 years, employed as real estate salespeople/brokers for 10 years, cannot be convicted of violating any federal/state real estate license law.

What are the qualifications for a consumer commissioner?

21 years old, AL resident for 10 years, registered voter in AL, no felony convictions, must be an owner of real property, has not been a licensed salesperson/broker during the previous 10 years, not related to/employed by a real estate licensee. Signup and view all the answers

Who is Alabama license law written by?

AL State Legislators Signup and view all the answers

Who wrote the Rules & Regulations for Alabama's real estate?

AL RE Commissioners Signup and view all the answers

How does one become a Real Estate Commissioner?

Appointed by the governor and confirmed by the senate. Signup and view all the answers

How many terms does a commissioner serve?

5 year terms, cannot serve more than 2 consecutive terms. Signup and view all the answers

What constitutes a quorum among the commissioners?

5 commissioners must be present to conduct business. Signup and view all the answers

When is a new chairperson elected?

Every time a commissioner is added. Signup and view all the answers

Who do the Commissioners employ?

An executive director, an assistant executive director, and other staff if necessary. Signup and view all the answers

What are commissioners paid?

$300/month, travel expenses, a per diem. Signup and view all the answers

Is a commissioner liable when performing duties?

False Signup and view all the answers

A license is required to ______ real estate belonging to someone else.

sell, exchange, purchase, rent or lease Signup and view all the answers

When is one exempt from needing a real estate license?

Owner dealing with their own property or property of spouse, child or parent, certain professionals, and specific duties. Signup and view all the answers

What are the qualifications for an original real estate license?

Trustworthy/competent, minimum age of 19, US citizen or legally present, high school graduate, complete 60-hour course and pass exam. Signup and view all the answers

What is required for an AL reciprocal license?

Complete a 6-hour reciprocal salesperson/broker course, pass the AL reciprocal state exam with 70%+, show proof of current license in another state. Signup and view all the answers

What must a temp salesperson do to turn their license into an original license?

Take 30-hour post license course within 1 year. Signup and view all the answers

What are the broker license requirements?

Have had a salesperson's license for 24 of the last 36 months, complete a 60-hour broker course, pass the course final and state exam. Signup and view all the answers

Who is the qualifying broker?

The person under whom the company is licensed, supervising broker responsible for acts of the company & licensees. Signup and view all the answers

Study Notes

License Law and Real Estate Commission

Alabama License Law aims to enforce regulations and standards within real estate.
Rules and regulations are adopted and enforced by the Alabama Real Estate Commissioners.

Real Estate Commissioners

Total of nine commissioners: seven from each congressional district, one black member, and one consumer commissioner.
Commissioners must be Alabama residents for at least ten years and have ten years of experience in real estate as salespeople or brokers.
Individuals convicted of violating federal or state real estate license laws are ineligible to serve as commissioners.

Consumer Commissioner Qualifications

Must be at least 21 years old and an Alabama resident for ten years.
Must be a registered voter with no felony convictions and owned real property.
Cannot have been licensed as a salesperson or broker in the past ten years and must not be related to or employed by a real estate licensee.

Appointment and Terms

Real Estate Commissioners are appointed by the governor and confirmed by the senate.
Each commissioner serves a five-year term and may not serve more than two consecutive terms.

Operational Guidelines

A quorum of at least five commissioners is needed to conduct business.
New chairpersons are elected when a new commissioner is appointed.
Commissioners hire necessary staff, including an executive director and an assistant executive director.

Compensation and Liability

Commissioners receive $300 per month, coverage for travel expenses, and a per diem.
Commissioners are not liable for damages caused while performing their duties as mandated by law.

Licensing Requirements

A real estate license is necessary for actions involving properties owned by others, including selling, renting, listing, or negotiating transactions.
Exemptions include property owners handling their own real estate, attorneys acting within their professional scope, and certain public officials.

License Application Criteria

Prospective licensees must demonstrate trustworthiness, be at least 19 years old, and complete specific educational and testing requirements.
Previous license rejections or revocations disqualify applicants for two years, barring circumstances like failing the state exam.

Reciprocal Licensing

Individuals seeking an Alabama reciprocal license must take a six-hour course and pass an examination with a minimum score of 70%.

Temporary and Broker Licenses

A temporary salesperson's license is valid for one year and requires completion of a 30-hour post-license course for conversion to an original license.
Broker licenses necessitate having been a salesperson for 24 of the last 36 months, completing a 60-hour broker course, and passing both course and state exams.

Qualifying Broker

The qualifying broker is responsible for the company’s licensing and supervising actions of all licensees under their authority.
Must be a licensed broker in Alabama and actively oversee the business operations.

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Description

Test your knowledge on Alabama License Law and the role of the Real Estate Commission. This quiz covers the qualifications and regulations that shape the state's real estate landscape. Discover the important criteria for commissioners and consumers alike.