Alabama License LawIntermediateAlabama Exam
Under the Alabama Real Estate License Law, which of the following actions requires a real estate license?
AAn attorney selling property as part of an estate
BA property owner selling their own home
CNegotiating the sale of another person's property for compensationCorrect
DA court-appointed trustee selling foreclosed property, in most cases
Why Negotiating the sale of another person's property for compensation Is Correct
Answer C: Negotiating the sale of another person's property for compensation
Negotiating real estate transactions for compensation on behalf of others requires an Alabama real estate license. Attorneys acting in their professional capacity, owners selling their own property, and court-appointed trustees are among the statutory exemptions.
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Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
State-Specific Concepts
License Law
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