Скачать или смотреть Colibri Alabama Real Estate Salesperson Final Assessment (Qns & Ans) 2026

Practice Questions & Answers — Alabama Real Estate Salesperson Prep (2026)
NATIONAL REAL ESTATE PRACTICE QUESTIONS

1) What is real property?
A. Personal belongings only
B. Land and anything permanently attached to it
C. Movable equipment in a home
D. Intellectual property

✅ Answer: B — Land and anything permanently attached (improvements, fixtures)

2) A real estate agent represents a buyer and also shows homes to a seller. What is this situation called?
A. Single agency
B. Dual agency
C. Transactional brokerage
D. Subagency

✅ Answer: B — Dual agency (agent represents both buyer and seller)

3) Which of these best describes an “open listing”?
A. Only one broker is authorized
B. Broker must be paid regardless of who finds buyer
C. Multiple brokers can find a buyer, only the one who does gets commission
D. The seller pays no commission

✅ Answer: C — Multiple brokers can find a buyer; only the procuring broker earns commission

4) When calculating proration at closing, what is usually credited to the buyer?
A. Seller’s past mortgage payments
B. Prepaid property taxes
C. Property insurance premium
D. Utility bills after closing

✅ Answer: B — Prepaid property taxes are prorated credit to buyer

5) What is the purpose of the Truth‑in‑Lending Act (TILA)?
A. Regulate property insurance
B. Protect consumers by requiring clear loan cost disclosure
C. Standardize appraisal methods
D. Ensure open housing practices

✅ Answer: B — TILA requires lenders to disclose all credit costs clearly

ALABAMA STATE‑SPECIFIC QUESTIONS

6) Which agency administers Alabama’s real estate licensing law?
A. Alabama Board of REALTORS®
B. Alabama Real Estate Commission (AREC)
C. Alabama Housing Authority
D. Alabama Department of Commerce

✅ Answer: B — Alabama Real Estate Commission administers state license law.

7) How many state‑specific exam questions are on the Alabama salesperson licensing exam?
A. 10
B. 25
C. 40
D. 80

✅ Answer: C — 40 state‑specific questions (plus 80 national).

8) What is required for an active Alabama salesperson license to remain valid after issuance?
A. Pay annual membership to the local REALTOR® association
B. Submit continuing education (CE) on time
C. Renew license before expiration and complete post‑license requirements
D. List at least one property per year

✅ Answer: C — Renew before expiration and complete post‑license requirements

9) If a licensee in Alabama fails to deposit trust funds into an escrow account promptly, this is a violation of:
A. The Fair Housing Act
B. Alabama License Law
C. Truth‑in‑Lending Act
D. RESPA

✅ Answer: B — Alabama License Law governs trust fund handling.

10) Which describes “recovery fund” in Alabama real estate law?
A. Fund assisting buyers to get loans
B. State fund to reimburse consumers harmed by licensee misconduct
C. Emergency repair fund for damaged properties
D. Account to pay broker commissions

✅ Answer: B — It reimburses buyers/sellers if licensee causes monetary loss.

🧠 Tips to Prepare for the Colibri Final

✔ Focus on key concepts like agency, contracts, financing, property ownership, and Alabama state‑specific license law — those are covered in both the final and the real exam.
✔ Practice vocabulary (e.g., fiduciary, dual agency, consideration). Many Colibri questions test term knowledge.
✔ Use CompuCram practice exams — students report they help even if not identical to the final.
✔ Drill questions by topic: ownership, contracts, financing, math, disclosures, and state rules.

📚 Content Areas Likely on Final & State Exam
Topic Why It Matters
Property Ownership & Rights Core concept tested often nationally
Agency & Fiduciary Duties Critical both in course and exam
Contracts & Agreements Must know offer, acceptance, breach
Financing & Math Loan, interest, proration calculations
Real Estate Practice Brokerage, listings, ethics
Alabama Law & Commission Rules State test section requirement

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