Alabama License LawIntermediateAlabama Exam
A real estate salesperson's license in Alabama is automatically terminated if:
AThe salesperson takes a vacation for more than 30 days
BThe qualifying broker terminates the association and the salesperson does not affiliate with a new broker within the required timeCorrect
CThe salesperson does not make a sale in 12 months
DThe salesperson moves to a different county
Why The qualifying broker terminates the association and the salesperson does not affiliate with a new broker within the required time Is Correct
Answer B: The qualifying broker terminates the association and the salesperson does not affiliate with a new broker within the required time
In Alabama, a salesperson must be affiliated with a qualifying broker to have an active license. If the association ends and the salesperson does not affiliate with a new qualifying broker, the license will be placed on inactive status and eventually may lapse.
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Key Terms to Know
Option Contract
A contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
State-Specific Concepts
License Law
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