Alabama License Law
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 office✓ Correct
CA broker who only represents sellers
DThe most experienced broker in a firm
Explanation
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.
Related Alabama Alabama License Law Questions
- An Alabama real estate salesperson who wishes to become a broker must have how many years of active salesperson experience?
- An Alabama real estate broker must keep a copy of every listing and purchase contract for a minimum of:
- Under Alabama law, a broker who becomes mentally incapacitated may have their license:
- Which of the following best describes the concept of 'reasonable supervision' required of Alabama brokers?
- An Alabama real estate licensee who provides property management services without a property management contract in place:
- When must an Alabama licensee provide agency disclosure to a prospective buyer?
- An Alabama licensee who obtains a listing through misrepresentation or fraud may have their license:
- A salesperson in Alabama may operate a real estate business under their own name without broker supervision:
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