Alabama License LawIntermediateAlabama Exam
Under Alabama license law, which of the following best describes a 'principal broker'?
AAny licensed broker in the state
BThe licensed broker who is responsible for and in charge of a real estate officeCorrect
CA broker who only represents sellers
DThe most experienced broker in a firm, as is typically expected in this situation
Why The licensed broker who is responsible for and in charge of a real estate office Is Correct
Answer B: The licensed broker who is responsible for and in charge of a real estate office
A principal broker (also called a qualifying broker) in Alabama is the licensed broker who holds ultimate responsibility for a real estate firm or office. All salesperson and associate broker licenses must be held under a principal broker.
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