Section 34-27-1 Short title. This chapter may be cited as the Alabama Real Estate License Law of 1951. (Acts 1951, No. 422, p. 745, §1; Acts 1971, No. 2485, p. 3966, §1; Acts 1971, 3rd Ex. Sess., No. 310, p. 4599, §1; Acts 1975, No. 563, p. 1276, §1.)
Section 34-27-10 Chapter cumulative. (a) The requirements of this chapter shall be in addition to the requirements of existing or future laws or ordinances of any state, county, or municipality taxing, licensing, or regulating real estate brokers or salesmen. (b) A licensee under this chapter shall not be subject to the requirements of Section 40-12-150 […]
Section 34-27-11 Penalties. (a) Any person or corporation which violates any provision of this chapter commits a Class A misdemeanor and, on conviction, shall be punished accordingly. (b) Any person who files with the commission any notice, statement, or other document or information required under the provisions of this chapter which is false or untrue […]
Section 34-27-2 Definitions; exemptions from chapter. (a) For purposes of Articles 1 and 2 of this chapter, the following terms shall have the respective meanings ascribed by this section: (1) ASSOCIATE BROKER. Any broker other than a qualifying broker. (2) BROKER. Any person licensed as a real estate broker under Articles 1 and 2 of […]
Section 34-27-3 Nonresident may not act except in cooperation with licensed broker of state; written co-brokerage agreement to be filed. (a) A licensed broker of another state may act as co-broker with a licensed broker of this state by executing a written agreement specifying each parcel of property covered by the agreement if the state […]
Section 34-27-4 Real Estate Commission Revenue Fund and Real Estate Commission Proportionate Fund. All fees, fines, charges, or other money, except as provided in Section 34-27-31, and except as provided in this section for multi-year licenses, collected by the commission shall be deposited in the State Treasury to the credit of the Real Estate Commission […]
Section 34-27-5 County list of licensees. The commission shall on the request of the probate judge of any county of this state provide the judge with a list of persons who are licensed by the commission and who reside in that county. (Acts 1951, No. 422, p. 745, §15; Acts 1971, No. 2485, p. 3966, […]
Section 34-27-6 Real estate courses and schools. (a) For purposes of this section and rules adopted pursuant thereto, the following terms shall have the following meanings: (1) ADMINISTRATOR. A person designated by a principal school or branch school and approved by the commission to be the person responsible to the commission for all acts governed […]
Section 34-27-7 Real Estate Commission – Created; composition; qualifications of members; appointment; terms; compensation; organization; executive director and assistant executive director generally; seal; records; immunity from suit. (a) There is created the Alabama Real Estate Commission. The commission shall consist of nine members appointed by the Governor with the advice and consent of the Senate […]
Section 34-27-8 Real Estate Commission – Quorum; rules and regulations; agency disclosure clause. (a) A majority of the commission members shall constitute a quorum for the conduct of commission business. The commission may adopt and enforce all rules and regulations pursuant to the state administrative procedure statutes necessary for the administration of this chapter, and […]
Section 34-27-8.1 Real Estate Commission – Legislative findings; rulemaking authority. (a) The Legislature finds and declares all of the following: (1) The power to make rules regulating the licensing of real estate brokers and salespersons includes the power to prohibit unqualified persons from being licensed as a real estate broker or salesperson. (2) A primary […]
