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alabama laws, rules, and regulations examinations

Provider
Pearson VUE
Format
Computer-based written examination
Exam questions
40 scored state items and 5–10 unscored pretest items. Published broker item allocation: I 0; II 6; III 2; IV 6; V 1; VI 3; VII 2; VIII 3; IX 5; X 12.
Time limit
1 hour for the state examination
Passing score
70 on the 0–100 scaled score; the ordinary broker administration reports an overall score for general and state law and requires the entire test to be retaken after overall failure.
Examination outline
  • I. PURPOSE OF LICENSE LAW/RULES AND REGULATION AND ROLE OF COMMISSION
  • II. LICENSING REQUIREMENTS
    • A. Activities which require a license
    • B. Cobrokering
    • C. Qualifications for a license
    • D. Renewal of a license
    • E. Continuing education
    • F. Post-license education
    • G. Temporary and original Salesperson licenses
  • III. LICENSE STATUS
    • A. Transferring a license
    • B. Inactive status
    • C. Reactivation of a license
  • IV. BROKER LICENSES, COMPANY LICENSES, AND PLACE OF BUSINESS
    • A. Issuance of company and branch office licenses
    • B. Issuance of broker licenses
    • C. Who may serve as qualifying broker
    • D. Responsibilities of qualifying broker
    • E. Termination of qualifying broker status
    • F. Serving as qualifying broker for more than one company
    • G. Temporary qualifying broker
    • H. Associate broker status
    • I. Operating from home
  • V. RECOVERY FUND
    • A. Payment into fund
    • B. Payment from fund
  • VI. DISCIPLINARY ACTIONS AND PROCESS
    • A. Complaints
    • B. Hearings
    • C. Disciplinary actions
    • D. Rehearing
    • E. Appeals
  • VII. ESTIMATED CLOSING STATEMENT
  • VIII. TRUST FUNDS
  • IX. RECAD
  • X. VIOLATIONS WHICH MAY RESULT IN DISCIPLINARY ACTIONS
    • A. Misrepresentation and dishonest dealings
    • B. Inducing a party to break a contract
    • C. Advertising
    • D. Listing agreements
    • E. Failure to give proper disclosure
    • F. Keeping appropriate records
    • G. Rebates
    • H. Paying or receiving commissions from unlicensed persons
    • I. Failure to inform Commission of suit/judgment/other disposition
    • J. Lotteries
    • K. Handling of documents
    • L. Violation of rule or order of Commission
    • M. Offers
Examination sources