Alabama License LawIntermediateAlabama Exam

When must an Alabama real estate licensee disclose their license status to a party in a transaction?

AOnly at closing
BOnly when asked
CBefore entering into any agreementCorrect
DOnly in commercial transactions

Why Before entering into any agreement Is Correct

Answer C: Before entering into any agreement

Alabama licensees must disclose their license status before entering into any agreement with a party to a transaction. Failure to disclose is a violation of license law.

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