Alabama license law 100 - Study guides, Class notes & Summaries

GOLD COAST Real Estate 100% SOLUTION 2023//2024 Farming - ANSWER licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - ANSWER Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - ANSWER When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which sale...

The minimum grace period for a life insurance policy sold in Alabama is: correct answers30 days Alabama's annuity disclosure regulation: correct answersRequires the delivery of a buyer's guide and a disclosure document to annuity applicant An insurer pays a large claim for medical expenses after the insured has only made one premium payment. This is an example of an: correct answersAleatory contract Which of the following is NOT guaranteed by a whole life policy? correct answerspolicy...

The minimum grace period for a life insurance policy sold in Alabama is: - 30 days Alabama's annuity disclosure regulation: - Requires the delivery of a buyer's guide and a disclosure document to annuity applicant An insurer pays a large claim for medical expenses after the insured has only made one premium payment. This is an example of an: - Aleatory contract Which of the following is NOT guaranteed by a whole life policy? - policy dividends Any individual who has failed two Alabama in...

Alabama Real Estate License Law 100% SOLUTION PASS AREC must give __?____ days notice of the hearing? - ANSWER 15 days How many days does AREC have to give before their decision is stated? - ANSWER 30 days Following a hearing, How many days does the licensee have to decide if they will accept the decision of AREC or appeal it? - ANSWER 30 days Net sheet--must be provided to the principal the licensee represents/assists with each offer or counteroffer - ANSWER Estimated closing stat...

The Clerks Authority: Notary study guide with 100% complete solutions What happened in 1639? - Correct Answer ️️ -The colony of New Haven, CT appointed the first notary public in America. Who originally maintained certificate of appointment in GA? - Correct Answer ️️ -State Librarian What happened in 1997? - Correct Answer ️️ -The Georgia Superior Court Clerks' Cooperative Authority assumed the responsibility of overseeing the notary division, and all notary commissions are ...

1 BOATING LICENSE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ how should a vessel's registration number and validation be displayed Correct Answer: on both sides of the bow of the boat what is the most important thing when selecting the right PFD for a passenger Correct Answer: body weight and chest side what important safety information is found on a boat's capacity plate Correct Answer: maximum weight and/or number of people the boat can carry safely what i...

Alabama Life and Health Insurance Exam Solved 100% Correct!! a predetermined limit. Insurance is a method risk is transferred to an insurer for consideration up to 1. spouses in each other 2. parents in their children 3. creditors in their debtors Which of the following would be considered proper establishment of insurable interest in the life insurance area? It is called the mortality rate Which of the following statements about the average number of people who die each year is true? ...

Alabama Salesperson Pre-Licensing Course Exam Prep: AL Real Estate Commission, Licensing, Regulations, and Practice Flashcard Set Purpose of license laws Protect consumers from unprofessional practices The four areas of real estate law Contracts, general property, agency, and state-specific license laws Alabama real estate recovery fund Compensates consumers who are awarded a judgment for fraud, deceit, or misrepresentation in a real estate transaction and have exhausted all other remedi...

The consumer member of the Alabama Real Estate Commission must be _____. a licensed broker a licensed salesperson an owner of real property a licensed salesperson or broker - ANSWER-an owner of real property Which of the following is NOT a purpose of the Alabama Real Estate License Law? to set qualifications for licensees to enhance the standards of the real estate profession to protect the public against incompetent licensees to regulate commission rates charged by licensees ...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)|Answered 100% Correctly Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)|Answered 100% Correctly Farming licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tra...