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Most perferred education source in Alabama
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Alabama License Law & Trust Funds
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The Alabama Licensing Law is an Alabama Real Estate Commission approved continuing education course (CE), which upon completion earns an Alabama licensed real estate agent, 3-hours of the 15-hours required CE credits to renew their two year license. This 3-hour course (actual clock hours) is offered in various cities across Alabama.
Alabama License Law is more in depth than simple requirements necessary to become licensed to sell real estate or steps necessary for renewing license. Within the law are statutes that every REALTOR® must adhere to and there are rules and regulations that must be followed. This course pin points specific issues that will limit your liabilities and create ethical work habits.
Learning Objectives:
At the conclusion of the course the student will be able to:
- Clearly identify various terms associated with real estate practices.
- Explain the structure and function of the real estate commission.
- Recall quorum rules and regulations for the real estate commission.
- Describe the requirements for receiving and maintaining a license.
- State the examination process.
- Tell about temporary license issuance and requirements for a reciprocal license.
- Explain out-of state co-brokerage agreements.
- Define the duties and responsibilities of a qualifying broker.
- Recall continuing education requirements, course content, and exemptions from continuing education.
- Explain the purpose of the recovery fund and explain how it differs from Errors and Omissions Insurance.
- Explain deposit of funds, estimated closing statements, probable cause of determination, hearings, and office inspections.
Learning Strategies:
- We encourage classroom participation to ensure a more complete understanding of the subject matter.
- Dividing the class into work groups for discussing and answering quizzes; then the correct answers are given to entire class.
- Each segment begins with a quiz to allow the student to realize their knowledge base of the topic to be discussed and to peak their interest.
- PowerPoint presentations are used to capture attention, create more excitement and enthusiasm, and make the learning process more retainable.
- Handouts, examples, illustrations, and pertinent information are given to each student.
This course is only offered in a classroom setting. For Campus classes complete the following. | |
Additional Information Request
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To register for Alabama License Law/Trust Funds or for information concerning dates, times and locations this course is being offered complete the following; making sure to state what city you want to take the class in.
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