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Company & Branch Licensure in Alabama Real Estate

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

You want to open your own real estate company in Alabama. Before you can do that, there are some requirements you must meet. What is one of the main requirements?

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1. What is a real estate qualifying broker?

2. There are many reasons a real estate branch office may be established. Which reason is most likely?

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About This Quiz & Worksheet

Test your knowledge of Alabama Real Estate requirements for company and branch licensure. Practice problems test your knowledge on what is a qualifying broker and when company real estate licenses need to be renewed.

Quiz & Worksheet Goals

Use these assessment tools to test your knowledge on:

  • A main requirement to open a real estate company in Alabama
  • What a real estate qualifying broker is
  • The most likely reason a real estate branch office is established
  • Fees assessed by the Alabama Real Estate Commission to a new real estate company
  • Renewal requirements for Alabama real estate licenses

Skills Practiced

This quiz will let you practice your skills in:

  • Information recall - access the knowledge you've gained regarding the main requirement to open a real estate company in this state
  • Knowledge application - use your knowledge to answer questions about types of fees assessed by the Alabama Real Estate Commission to establish a real estate company
  • Reading comprehension - ensure that you draw the most important information from the related Alabama real estate company licensure lesson

Additional Learning

Be sure to review the accompanying lesson, Company & Branch Licensure in Alabama Real Estate, to learn more. This lesson will guide you through the following:

  • What happens when you fail to renew your license
  • Satellite offices under the commission
  • Types of real estate companies
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