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Practice Of Real EstateLicensing_regulationEASY

AREC has the authority to:

Correct Answer

B) Investigate complaints, conduct hearings, impose fines, and suspend or revoke licenses

AREC has administrative authority to investigate, hold hearings, and impose disciplinary actions. Criminal matters are handled by prosecutors.

Answer Options
A
Set commission rates
B
Investigate complaints, conduct hearings, impose fines, and suspend or revoke licenses
C
Prosecute criminal cases
D
Set property values

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Related Topics & Key Terms

Related Topics:

Alabama License LawAREC disciplinary processReal Estate Recovery FundAntitrust law in real estate

Key Terms:

AREC authorityadministrative disciplinelicense revocationAlabama License Lawquasi-judicial

Related Concepts

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