Alabama License LawIntermediateAlabama Exam
An Alabama broker's license may be suspended for which of the following?
ACompleting a transaction without using the MLS
BFailing to disclose a known material defect in a propertyCorrect
CSetting commission rates above the market average, in general
DTaking listings in a new market area
Why Failing to disclose a known material defect in a property Is Correct
Answer B: Failing to disclose a known material defect in a property
Failing to disclose a known material defect is a serious violation of the duty of disclosure and grounds for AREC disciplinary action including suspension or revocation.
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