Alabama License LawIntermediateAlabama Exam
In Alabama, which of the following acts does NOT require a real estate license?
AListing a property for sale for compensation
BA licensed attorney acting in a fiduciary capacity under a court orderCorrect
CNegotiating a commercial lease for compensation
DManaging residential rental property for compensation, as a general rule
Why A licensed attorney acting in a fiduciary capacity under a court order Is Correct
Answer B: A licensed attorney acting in a fiduciary capacity under a court order
Licensed attorneys acting in a fiduciary capacity under court authority (such as a trustee or executor) are exempt from real estate licensing requirements in Alabama.
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Key Terms to Know
Seller's Agent (Listing Agent)
A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
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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