Alabama License Law
An Alabama real estate licensee who receives a gift card from a client as a thank-you for helping them purchase a home:
AMust report the gift to AREC
BMay accept it as a personal gift not tied to a referral obligation✓ Correct
CMust refuse all gifts under AREC rules
DMust deposit the value into the trust account
Explanation
Accepting a personal gift (not tied to a referral or future business obligation) from a satisfied client is generally permissible. The key is that it not create a conflict of interest or be an undisclosed financial incentive.
Related Alabama Alabama License Law Questions
- What is the primary purpose of Alabama real estate license law?
- An Alabama licensee who is convicted of a felony must notify AREC within:
- AREC has the authority to do which of the following?
- The Alabama Real Estate Commission consists of how many members?
- The Alabama Real Estate Recovery Fund compensates:
- Alabama's license law provisions that protect consumers from dishonest licensee conduct include which remedy?
- An Alabama salesperson who transfers from one broker to another must begin working under the new broker:
- Under Alabama license law, the relationship between a broker and their independent contractor salesperson means:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →