Alabama License Law
Under what circumstance can an Alabama real estate license be transferred between brokerages same-day?
AAlways — transfers are immediate
BOnly when AREC processes and approves the transfer application✓ Correct
CWhen both brokers agree verbally
DAfter 30 days of processing
Explanation
A license transfer in Alabama takes effect when AREC approves and processes the transfer. Licensees should not perform licensed activities for the new broker until the transfer is official.
Related Alabama Alabama License Law Questions
- An Alabama real estate broker who advertises their own property for sale must include in the advertisement:
- A broker who allows an unlicensed person to negotiate real estate transactions in Alabama is:
- What is the primary purpose of requiring continuing education for Alabama licensees?
- An Alabama real estate broker must keep a copy of every listing and purchase contract for a minimum of:
- An Alabama real estate broker who wishes to open a branch office must:
- Under AREC rules, a licensee's for-sale sign on a property must include:
- AREC's Real Estate Recovery Fund requires that any person who files a claim must first:
- An Alabama licensee who wishes to appeal an AREC disciplinary decision may do so through:
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