4/6/26, 2:49 PM CE Shop (Alabama) Final Exam Review 2026 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) G…
CE Shop (Alabama) Final Exam Review 2026 Actual exam
(Testing Real Exam Questions)and verified Answers ( 100%
accurate) GET IT RIGHT!!
Jeung gave her agent an earnest money check, and the seller accepted
Jeung's offer. What will happen to the check now?
An escrow agent will hold the funds in a trust account until the agreement's
terms are satisfied.
Cheryl, the aggrieved claimant on a complaint against a licensee, has just won
her claim. She demonstrated that the licensee was responsible for her losing
$60,000. She also paid for a lawyer, which was another $5,000. With other fees
and incidentals, her total damages are $67,000. What is the amount she'll
receive?
$25,000
Jerrold reviews the floor plan of the Knoxville house he's going to sell. It's
3,800 square feet. In his advertising, he bumps that number up to 4,000 square
feet to better justify its asking price. What has Jerrold done?
Intentional misrepresentation
Which of the following best describes an inactive license?
This license status means that you've paid your license fee but haven't
completed your CE requirements.
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 1/20
,4/6/26, 2:49 PM CE Shop (Alabama) Final Exam Review 2026 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) G…
If you, as an Alabama licensee, make a statement in an ad that you should have
known was false, what are you guilty of?
Misrepresentation
Which of the following is a minimum service that an Alabama licensee must
provide to her clients?
Disclosing any material facts the licensee knows about that the client couldn't
reasonably ascertain
Alabama broker Jim is acting as a limited consensual dual agent for seller Christine
and buyer Blake. Which of the following is required for Jim to act in this
capacity?
He must get the written, informed, advance consent before entering into the
relationship.
What action may licensees take if they're unhappy with the commission's final
decision on their hearing?
They may request a rehearing.
The funds placed in trust accounts are insured by the _.
FDIC
When it comes to earnest money, which one of the following statements is true?
Earnest money must be placed in a trust account.
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 2/20
, 4/6/26, 2:49 PM CE Shop (Alabama) Final Exam Review 2026 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) G…
D'Wayne is acting as the buyer's agent for Alabama resident Rocky in a real
estate transaction. In this transaction, what is D'Wayne's role?
A single agent
Julie is working with buyer clients and has prepared an estimated closing
statement. Which of the following statements is true?
She must provide it when an offer is signed.
Which one of the following is a true statement regarding the termination of
qualifying broker status in Alabama?
Qualifying brokers have to notify their brokerage and the commission in
writing if they wish to terminate their status.
For how long must an Alabama licensee retain transaction file records after
the date of the transaction?
Three years
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 3/20
CE Shop (Alabama) Final Exam Review 2026 Actual exam
(Testing Real Exam Questions)and verified Answers ( 100%
accurate) GET IT RIGHT!!
Jeung gave her agent an earnest money check, and the seller accepted
Jeung's offer. What will happen to the check now?
An escrow agent will hold the funds in a trust account until the agreement's
terms are satisfied.
Cheryl, the aggrieved claimant on a complaint against a licensee, has just won
her claim. She demonstrated that the licensee was responsible for her losing
$60,000. She also paid for a lawyer, which was another $5,000. With other fees
and incidentals, her total damages are $67,000. What is the amount she'll
receive?
$25,000
Jerrold reviews the floor plan of the Knoxville house he's going to sell. It's
3,800 square feet. In his advertising, he bumps that number up to 4,000 square
feet to better justify its asking price. What has Jerrold done?
Intentional misrepresentation
Which of the following best describes an inactive license?
This license status means that you've paid your license fee but haven't
completed your CE requirements.
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 1/20
,4/6/26, 2:49 PM CE Shop (Alabama) Final Exam Review 2026 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) G…
If you, as an Alabama licensee, make a statement in an ad that you should have
known was false, what are you guilty of?
Misrepresentation
Which of the following is a minimum service that an Alabama licensee must
provide to her clients?
Disclosing any material facts the licensee knows about that the client couldn't
reasonably ascertain
Alabama broker Jim is acting as a limited consensual dual agent for seller Christine
and buyer Blake. Which of the following is required for Jim to act in this
capacity?
He must get the written, informed, advance consent before entering into the
relationship.
What action may licensees take if they're unhappy with the commission's final
decision on their hearing?
They may request a rehearing.
The funds placed in trust accounts are insured by the _.
FDIC
When it comes to earnest money, which one of the following statements is true?
Earnest money must be placed in a trust account.
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 2/20
, 4/6/26, 2:49 PM CE Shop (Alabama) Final Exam Review 2026 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) G…
D'Wayne is acting as the buyer's agent for Alabama resident Rocky in a real
estate transaction. In this transaction, what is D'Wayne's role?
A single agent
Julie is working with buyer clients and has prepared an estimated closing
statement. Which of the following statements is true?
She must provide it when an offer is signed.
Which one of the following is a true statement regarding the termination of
qualifying broker status in Alabama?
Qualifying brokers have to notify their brokerage and the commission in
writing if they wish to terminate their status.
For how long must an Alabama licensee retain transaction file records after
the date of the transaction?
Three years
https://quizlet.com/1164433477/ce-shop-alabama-final-exam-review-2026-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurat… 3/20
