For the Alabama salesperson state portion, a broker will qualify more than one company operating from the same address. Which statement is correct?
Correct Answer
A) A company may permit its qualifying broker to be qualifying broker for another company at the same location
Alabama Administrative Code 790-X-2-.04 allows same-location companies to share a qualifying broker when permission is granted. 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
Related Topics:
Key Terms:
Related Concepts
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
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