Alabama License Law

An Alabama licensee who is found guilty of fraud in a real estate transaction may be subject to which penalties from AREC?

AA verbal warning only
BLicense revocation, suspension, fines, and possible referral for criminal prosecution✓ Correct
COnly a $100 fine
DRequired retaking of pre-license education

Explanation

AREC has broad disciplinary authority. Fraud is a serious violation that can result in license revocation or suspension, civil fines, and referral to law enforcement for criminal prosecution. Alabama treats real estate fraud seriously.

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