An Alabama licensee asks about a company maintains more than one Alabama place of business. What is the best answer?
Correct Answer
A) The company or broker must have a company or branch office license for each separate location or branch office
Alabama Code 34-27-32 requires a company or branch office license for each separate location or branch office. Source basis: Alabama Code Section 34-27-32 and 34-27-34, Alabama Administrative Code Chapter 790-X-2, and AREC official law pages: qualifying broker supervision, broker/company/branch licensing, place of business, signage, multiple qualifying-broker roles, and temporary qualifying broker after death or disability. Checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
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A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
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