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Alabama Real Estate Post-licensing Course Questions
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The Alabama 30-hour post-licensing course is required for new salespersons to transition from temporary to permanent licensure, covering practical topics like risk management, contracts, and agency. It includes module quizzes and a proctored final exam, often requiring a 70% or higher passing score to satisfy the Alabama Real Estate Commission (AREC).  Key Details About Post-Licensing Course Exams: Course Content: The 30-hour course focuses on real estate business planning, prospecting, and documents. Structure: The course is divided into units/modules, each typically requiring a passing... Show more
Alabama Real Estate Post-licensing Course Questions
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25 Questions

1. The benefits of a home warranty for buyers are clear. Why might sellers want to offer a home warranty to buyers?

2. ______ is the method firms use to determine what risks they face.

3. When prices go down because there are too many homes on the market and too few buyers, this is an example of ______.

4. Huntsville licensee Caden gave his buyer client a cash rebate as part of a recent real estate transaction. Which of the following statements about the cash rebate is true?

5. When there's no buyer agency agreement in place, which of the following tasks can a licensee perform for the buyer?

6. In which of the following types of financing does the seller hold a mortgage from the buyer for some or all of the purchase price?

7. If a buyer's agent gives the buyer misinformation about the property, who is responsible?

8. Jennifer's firm prohibits licensees from willfully engaging in dual agency transactions. By implementing this policy, her firm is ______.

9. ______ is naturally created when the gas in rocks and soil decays, and can cause cancer.

10. What gets recorded and serves as public notice of ownership?

11. You've just received an offer from a potential buyer for a property you listed. When should you present the offer to your client?

12. What's Alabama licensee Jake's duty to his seller client?

13. How will the buyer or seller know where and when the closing is being held?

14. When one party to a contract transfers her rights and obligations under the contract to another, with the original party remaining liable, it's called ______ of contract.

15. During a home inspection, Stan the inspector pointed out to the buyers that neither of the two bathrooms had vent fans installed. Why is this a potential problem that will be noted on the inspection report?

16. What's the maximum per-email fine you can be charged if you violate the CAN-SPAM Act?

17. Among other items, which of the following property details can only be verified by previewing a property in person?

18. What strategy will help protect hard copy information?

19. Who has an obligation to be knowledgeable about the real estate market conditions and property pricing for the seller client?

20. Which of the following statements about fees paid at or near closing is true?

21. What do program developers typically include in program updates to fix any known problems or bugs?

22. What's a good strategy for pricing a seller's property?

23. Purchase money mortgage

24. What's part of the licensee's role in the closing process?

25. When Alabama licensee Jack is presenting an offer to his seller client, what else must he present to the seller?

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