Alabama License LawIntermediateAlabama Exam
Under Alabama law, a real estate license may be issued to which of the following business entities?
ASole proprietorships only, as is typical in most transactions
BCorporations, partnerships, LLCs, and sole proprietorshipsCorrect
COnly corporations
DOnly natural persons
Why Corporations, partnerships, LLCs, and sole proprietorships Is Correct
Answer B: Corporations, partnerships, LLCs, and sole proprietorships
Alabama issues real estate licenses to natural persons (individuals) as well as to business entities including corporations, partnerships, and LLCs, provided the entity meets AREC requirements.
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State-Specific Concepts
AREC Regulation
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