License Law Exam

License Law Exam

9th Grade

100 Qs

quiz-placeholder

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License Law Exam

License Law Exam

Assessment

Quiz

Mathematics

9th Grade

Practice Problem

Medium

Created by

Marlene Collins

Used 1+ times

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100 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the following tasks do not require a real estate license EXCEPT: A. Acting as a ground’s person at an auction for real property. B. Selling timeshares on the Gulf Coast C. Managing an apartment complex of 200 units D. Dealing in options on real estate

Acting as a ground’s person at an auction for real property.

Selling timeshares on the Gulf Coast

Managing an apartment complex of 200 units

Dealing in options on real estate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An unlicensed receptionist in a real estate office greets a visitor with “Welcome to Ready Realty. How may I assist you?” If the customer asks questions about a specific property listed by the brokerage, under Alabama license law, how may the receptionist assist the consumer?

She may answer any question asked about the price or size of the property.

She may answer his questions by referring him to the MLS.

She may refer the customer to the agent on duty to answer his questions.

She may call the seller and ask if the seller can meet with the customer.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Alabama license law, without a real estate license, it is unlawful to do all of the following EXCEPT:

Auction, or attempt to auction, real estate.

Manage an apartment complex with 100 units.

Buy or sell options in real estate.

Solicit buyers or renters.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who would not need a real estate license?

An attorney handling real estate for an estate.

A salesperson working on a commission basis for a home builder.

A leasing agent for a commercial property management company

A friend marketing a neighbor’s house for a flat fee of $1,000.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following tasks require a real estate license EXCEPT:

Auctioning real property

Procuring prospects for renting real estate

Selling cemetery lots

Dealing in options on real estate

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An unlicensed assistant may not perform any of the following tasks EXCEPT:

Procure prospects.

Show listed properties.

Negotiate sales or leases.

Place signs on property

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Alabama license law, Glenda is...?

Required to have a salesperson’s license.

Violating license law

Required to have a broker’s license.

Exempt from the license law.

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