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? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔$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? - 🧠
ANSWER ✔✔Intentional misrepresentation
Which of the following best describes an inactive license? - 🧠 ANSWER
✔✔This license status means that you've paid your license fee but haven't
completed your CE requirements.
If you, as an Alabama licensee, make a statement in an ad that you should
have known was false, what are you guilty of? - 🧠 ANSWER
✔✔Misrepresentation
Which of the following is a minimum service that an Alabama licensee must
provide to her clients? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔They may request a
rehearing.
The funds placed in trust accounts are insured by the ______. - 🧠
ANSWER ✔✔FDIC
When it comes to earnest money, which one of the following statements is
true? - 🧠 ANSWER ✔✔Earnest money must be placed in a trust account.
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? - 🧠
ANSWER ✔✔A single agent
Julie is working with buyer clients and has prepared an estimated closing
statement. Which of the following statements is true? - 🧠 ANSWER ✔✔She
must provide it when an offer is signed.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
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? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔$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? - 🧠
ANSWER ✔✔Intentional misrepresentation
Which of the following best describes an inactive license? - 🧠 ANSWER
✔✔This license status means that you've paid your license fee but haven't
completed your CE requirements.
If you, as an Alabama licensee, make a statement in an ad that you should
have known was false, what are you guilty of? - 🧠 ANSWER
✔✔Misrepresentation
Which of the following is a minimum service that an Alabama licensee must
provide to her clients? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔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? - 🧠 ANSWER ✔✔They may request a
rehearing.
The funds placed in trust accounts are insured by the ______. - 🧠
ANSWER ✔✔FDIC
When it comes to earnest money, which one of the following statements is
true? - 🧠 ANSWER ✔✔Earnest money must be placed in a trust account.
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? - 🧠
ANSWER ✔✔A single agent
Julie is working with buyer clients and has prepared an estimated closing
statement. Which of the following statements is true? - 🧠 ANSWER ✔✔She
must provide it when an offer is signed.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
