CAREER ACADEMY OF REAL ESTATE
(ALABAMA)
FINAL EXAM QUESTIONS AND CORRECT
ANSWERS
Who is AL license law written by? - ✔✔✔ Correct Answer > AL State
Legislators
Who wrote the Rules & Regulations? - ✔✔✔ Correct Answer > AL RE
Commissioners
How does one become a RE Commissioner? - ✔✔✔ Correct Answer > -
APPOINTED by the governor
-CONFIRMED by the senate
How many terms does a commissioner serve? - ✔✔✔ Correct Answer > -5 year
terms
Cannot serve more than 2 consecutive terms
Page 1 of 38
,Quorum - ✔✔✔ Correct Answer > -5 Commissioners
-Must be present to conduct business
When is a new chairperson elected? - ✔✔✔ Correct Answer > Every time a
commissioner is added
Who do the Commissioners employ? - ✔✔✔ Correct Answer > -An executive
director
-An assistant executive director
-Other staff if necessary
What are commissioners paid? - ✔✔✔ Correct Answer > -$300/month
-Travel expenses
-A per diem
How many Real Estate commissioners? - ✔✔✔ Correct Answer > (9) 7
commissioners from each of the 7 congressional districts, the black member and
the consumer commissioner
When is one exempt from needing a RE license? - ✔✔✔ Correct Answer > -
Owner dealing with their own property or property of spouse, child or parent
-Attorney, when performing professional duties for a client
Page 2 of 38
,-A person acting w/o compensation under a duly authorized power of attorney
-A person/state/financial institution acting as a receiver, trustee, administrator,
executor, or guardian; or acting under a court order, trust instrument in will
-Public officer performing their official duties
-Person is performing clerical or administrative duties for a licensee
Manager of an apartment complex
-Person licensed to sell timeshares
-Person selling cemetery lots
Post-License Education - ✔✔✔ Correct Answer > -A temporary salesperson's
license is only valid for 1 year
-Must be turned into an original license within 1 year by taking 30 hour post
license course
Broker License Requirements - ✔✔✔ Correct Answer > -Have had a
salesperson's license for 24 of the last 36 months
-60 hour broker course
-Pass course final & state exam
Purpose of License Law / Rules and Regulations - ✔✔✔ Correct
Answer > -Do everything necessary to enforce Alabama license law
-Adopt and enforce rules and regulations
Page 3 of 38
, Qualifications for 7 Commissioners and black commissioner? -
✔✔✔ Correct Answer > -AL resident for 10 years
-Employed as RE sales people/brokers for 10 years
-Not eligible if convicted of violating any federal/state RE license law
Qualifications for consumer commissioner? - ✔✔✔ Correct Answer > 21 y/o
-AL resident for 10 years
-Registered voter in AL
-No felony convictions
-Must be owner of real property
-Has NOT been licensed sales person/broker during previous 10 years
-Is NOT related to/employed by a RE licensee
Is a commissioner liable when performing duties? - ✔✔✔ Correct Answer > No
commissioner shall be liable for damages resulting from any act performed in
carrying out duties as a commissioner When is a license required? - ✔✔✔
Correct Answer > -Sell, exchange, purchase, rent or lease RE belonging to
someone other than the owner him/herself, or his/her spouse, child or parent
-Negotiate for any of above functions
-List or offer to list real property for any of above functions
-Auction real property
Page 4 of 38
(ALABAMA)
FINAL EXAM QUESTIONS AND CORRECT
ANSWERS
Who is AL license law written by? - ✔✔✔ Correct Answer > AL State
Legislators
Who wrote the Rules & Regulations? - ✔✔✔ Correct Answer > AL RE
Commissioners
How does one become a RE Commissioner? - ✔✔✔ Correct Answer > -
APPOINTED by the governor
-CONFIRMED by the senate
How many terms does a commissioner serve? - ✔✔✔ Correct Answer > -5 year
terms
Cannot serve more than 2 consecutive terms
Page 1 of 38
,Quorum - ✔✔✔ Correct Answer > -5 Commissioners
-Must be present to conduct business
When is a new chairperson elected? - ✔✔✔ Correct Answer > Every time a
commissioner is added
Who do the Commissioners employ? - ✔✔✔ Correct Answer > -An executive
director
-An assistant executive director
-Other staff if necessary
What are commissioners paid? - ✔✔✔ Correct Answer > -$300/month
-Travel expenses
-A per diem
How many Real Estate commissioners? - ✔✔✔ Correct Answer > (9) 7
commissioners from each of the 7 congressional districts, the black member and
the consumer commissioner
When is one exempt from needing a RE license? - ✔✔✔ Correct Answer > -
Owner dealing with their own property or property of spouse, child or parent
-Attorney, when performing professional duties for a client
Page 2 of 38
,-A person acting w/o compensation under a duly authorized power of attorney
-A person/state/financial institution acting as a receiver, trustee, administrator,
executor, or guardian; or acting under a court order, trust instrument in will
-Public officer performing their official duties
-Person is performing clerical or administrative duties for a licensee
Manager of an apartment complex
-Person licensed to sell timeshares
-Person selling cemetery lots
Post-License Education - ✔✔✔ Correct Answer > -A temporary salesperson's
license is only valid for 1 year
-Must be turned into an original license within 1 year by taking 30 hour post
license course
Broker License Requirements - ✔✔✔ Correct Answer > -Have had a
salesperson's license for 24 of the last 36 months
-60 hour broker course
-Pass course final & state exam
Purpose of License Law / Rules and Regulations - ✔✔✔ Correct
Answer > -Do everything necessary to enforce Alabama license law
-Adopt and enforce rules and regulations
Page 3 of 38
, Qualifications for 7 Commissioners and black commissioner? -
✔✔✔ Correct Answer > -AL resident for 10 years
-Employed as RE sales people/brokers for 10 years
-Not eligible if convicted of violating any federal/state RE license law
Qualifications for consumer commissioner? - ✔✔✔ Correct Answer > 21 y/o
-AL resident for 10 years
-Registered voter in AL
-No felony convictions
-Must be owner of real property
-Has NOT been licensed sales person/broker during previous 10 years
-Is NOT related to/employed by a RE licensee
Is a commissioner liable when performing duties? - ✔✔✔ Correct Answer > No
commissioner shall be liable for damages resulting from any act performed in
carrying out duties as a commissioner When is a license required? - ✔✔✔
Correct Answer > -Sell, exchange, purchase, rent or lease RE belonging to
someone other than the owner him/herself, or his/her spouse, child or parent
-Negotiate for any of above functions
-List or offer to list real property for any of above functions
-Auction real property
Page 4 of 38
