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| Home » USA » Alabama » Real Estate License Law |
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Alabama Real Estate License Law |
Alabama Real Estate License Law includes rules and regulations pertaining to real estate. This Real Estate Law has also created the Alabama Real Estate Commission that consists of nine members. The creation, qualification, terms, compensation, record etc are defined in Chapter 34-27-7 of Alabama Real Estate License Law.
Chapter 34-27-2 of Alabama Real Estate License Law defines the terms related to real estate. In this chapter Associate Broker, Broker, Commission, Commissioner, Company, Engage, Inactive License, Licensee, License Period, Person, Place of Business, Qualifying Broker, Recovery Fund and Salesperson have been defined.
Chapter 34-27-3 of AL Real Estate License Law covers the nonresidents and co-brokerage agreement.
Chapter 34-27-4 of Real Estate License Law in Alabama defines the Real Estate Commission Revenue and also the Real Estate Commission Proportionate Fund. How the fund are going to be collected and ways of spending the same are defined here.
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Chapter 34-27-5 of the License Law states the list of licensees in the County. Probate Judge can get the list of licensees in that particular county from the Commission.
Chapter 34-27-6 of Alabama Real Estate License Law clearly states all the real estate courses. Along with this instructor is also approved and regulate by the Commission.
If you want to get info on penalties or violation then check the Chapter 34-27-11 of the Real Estate License Law. The study of the same is important from the examination point of view. After clearing the exam you need every update on licensing law so that you can handle every case with absolute accuracy.
If you need the copy of Alabama Real Estate License book then get it from the Alabama Real Estate Resource and Education Center (AREREC). The cost of law book is $5.00. Along with this you can also purchase the Alabama Real Estate Consumer Guide. You can also check the given links for details on Alabama Real Estate License Law. Flip the other pages of Realestatezing.com for the latest info on AL Real Estate License.
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