Crash Course State Exam Review
What is the mission of the AREC? AND what does it stand for? -Ans -to protect the public through the licensing and
... [Show More] regulating of real estate licenses.
-Alabama Real Estate Commission
How many commissioners are on AREC? -Ans 9
What are the 3 qualifications for the 7 commissioners from each 7 congressional districts and the black commissioner? -Ans 1. Alabama resident for at least 10 years
2. employed as real estate sales people or brokers for at least 10 years
3. they aren't eligible if they had been convicted for violating any federal or state real estate license law(s).
"Consumer" commissioner has to be
1. at least ___ years old
2. resident of Alabama for at least ___ years.
3. registered ______ in Alabama.
4. no __________ convictions.
5. must be an owner of ________ _________.
6. has/has not been a licensed sales person/broker during the previous 10 years.
7. is not/is related to or employed by a real estate license. -Ans 1. 21
2. 10
3. voter
4. felony
5. real property
6. has not
7. is not
HOW do people become real estate commissioners? (2 things) -Ans appointed by the governor and confirmed by the senate
Commissioners serve _____ year terms. -Ans 5
Commissioners can't serve more than _______ consecutive terms. -Ans 2
However, sometimes the appointment and confirmation of their replacement isn't completed before the end of the outgoing commissioner's second term-- In this case, the commissioner can serve until ________________________________________ . -Ans their successor is appointed and confirmed.
-Every time a commissioner is added, the commissioners select a new _________________.
-Commissioners will employ an _________ ___________, an ________ ________ and other necessary staff.
-To conduct business, there must be _______ of commissioners present. (this means ______ many commissioners must be present) -Ans -chairperson [Show Less]