Alabama recad form 2025

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The document outlines the types of real estate brokerage services available in Alabama, including Single Agency, Limited Consensual Dual Agency, and Transaction Brokerage. It explains the obligations of real estate licensees to consumers, such as providing honest services and maintaining confidentiality. The document also emphasizes the importance of a brokerage service agreement for consumers to select their preferred service type and includes a policy statement from CRC REALTY, INC. regarding their offered services.

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How to get an Alabama reciprocal real estate license?

The Alabama Real Estate Commission is charged by law with ascertaining that persons engaged in the real estate business are trustworthy, bear a reputation of honesty and truthfulness, and have not been convicted of a felony or crime involving moral turpitude.

What types of known defects are sellers required to disclose in Alabama?

The seller knows of health or safety-related defects: This includes factors like the presence of asbestos or lead paint and known defects, such as weak spots in flooring or loose light fixtures that will likely fall. The buyer asks about specific points: The seller must truthfully answer a buyers questions.

What is Alabama Recad?

The Real Estate Consumers Agency and Disclosure Act (RECAD) requires the Alabama Real Estate Commission to write a Real Estate Brokerage Services Disclosure form which describes the alternative types of brokerage services available to consumers in Alabama transactions.

What must you have to apply as a real estate salesperson in Alabama?

SALESPERSON LICENSE Show proof of bona fide residency in any state in the U.S.; Show proof of high school graduation or the equivalent; Not have been convicted of a felony or a crime involving moral turpitude; Not have had a real estate application or license rejected or revoked in any state within the past two years.