Alabama Real Estate Pre-License Fundamentals

Complete your Alabama pre-license educational requirements and learn the basics of the business with this AREC-approved course. Start now!

Includes: Certificate of Completion

Approval: #099

Credit Type: Pre-License

Credit: 60 Hour(s) | Language: English | 5.0 (2 Ratings)

Take an additional 25% off all real estate packages

Use Code: ALLRE25 at checkout

About this Course

Complete your Alabama pre-license educational requirements with this AREC-approved course. The 60-hour Alabama Pre-license Fundamentals course provides the instruction in basic principles of real estate required of all those seeking a salesperson license in Alabama.

You'll begin by learning about different types of real estate careers and activities, as well as the government agencies that regulate the industry. Then we'll move on to critical concepts in forms of ownership and property rights and restrictions. You'll be introduced to the math formulas and calculations that are used in real estate for financing and property description.

We'll dive into legal matters related to real estate: agency relationships, contract law, property transfers, environmental issues, and more. We'll end your general education with an exploration of loans, the loan process, and other financing issues.

Finally, you'll examine Alabama-specific laws and regulations in areas like how to secure and maintain a license, the duties of the Alabama Real Estate Commission, the laws that regulate licensee conduct, and the consequences for violating them.

After you've finished your required instructional hours, you’ll schedule a proctored final exam. AREC requires your pre-licensing final to be proctored – in other words, supervised to make sure there's no cheating.

You need a grade of 70% or higher to pass the course.  Once we receive your passing grade and paperwork, you'll be able to print or save a certificate of completion for your records. We'll also report your credits to AREC within 3 days.

From the date of your pre-license course completion, you'll have 6 months to pass your state licensing exam.

Course Facts

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What You Get

Certificate of completion

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Credit Hours

60 hours

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Learning Type

100% Online, Available 24/7

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Course Structure

At your own pace, save progress as you go

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Support

Customer support available 7 days a week

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Course Updates

Content is updated and current

Topics Covered

  • Career Basics
  • Real Estate Law Violations
  • Real Property Rights
  • Characteristics of Real Property
  • Land Use
  • Fixtures
  • Land, Tenements, Hereditaments, and Estates
  • Life Estates
  • Life Tenants and Nonfreehold Estates
  • Concurrent Ownership
  • Condominiums and Cooperatives
  • Time Shares and Business Organization Ownership
  • Easements and Liens
  • Conditions, Covenants, Restrictions and Encroachments
  • Zoning
  • Real Estate Ownership: A Summary
  • Real Estate Math: Formulas
  • Real Estate Math: Prorations
  • Real Estate Math: Survey Systems
  • Agency and Brokerage Relationships
  • Brokerage
  • Dual Agency
  • Listing Agreements
  • Legal Descriptions
  • Basic Contract Law
  • Types of Contracts
  • Fraud and Voidability
  • Termination of Contracts
  • Sale Contracts
  • The Selling Process
  • Deeds: Part 1
  • Deeds: Part 2
  • Title Insurance
  • Environmental Issues
  • Asbestos and Formaldehyde
  • Real Estate Financing Practices
  • Types of Mortgages
  • Mortgage Bankers
  • FHA and VA Programs
  • Veterans' Administration Loans
  • The Loan Process
  • Lending Regulations
  • Principals of Financing
  • Basics of Leasing
  • Lease Contracts
  • Property Management
  • Real Estate Valuation
  • Comparative Market Analysis
  • Highest and Best Use
  • Appraisal Steps
  • The Net Income Approach
  • The Cost Approach
  • Escrow and Settlement Process
  • Closing Basics
  • Fair Housing Laws Protected Classes and Blocking
  • Americans with Disabilities Act
  • History of Fair Housing in America
  • Fair Housing: Law of the Land
  • Fair Housing Rules
  • Introduction to the Alabama Real Estate Commission
  • Licensure
  • Qualifications and Responsibilities of Brokers and Salespersons
  • Real Estate Consumers Agency and Disclosure Act (RECAD)
  • Recovery Fund Alabama License Law Violations Disciplinary Actions Trust Accounts

FAQs

When Does My Course Expire?

Your course will expire one (1) year after you purchase it (the date you submit payment), unless the course itself indicates otherwise.

For more information about course expiration dates, please read Terms of Use.

How Quickly Will I Get My Certificate of Completion?

Once you finish your course and pass any required exams, you can print your certificate of completion right away.

What Can I Do If I Lose My Certificate?

If you lose your certificate of completion and need a new one, you can contact customer service at (877) 881-2235 or support@360training.com.

What If I Need a Refund for My Training Course?

If for some reason you are not happy and would like a refund, send us a request within 72 hours of purchase. Here are the eligibility requirements you must meet:

  • Your purchase was made no more than 72 hours prior to your refund request.
  • You have NOT
    • Attempted any portion of a test or exam.
    • Requested or been issued a certificate of completion.
    • Completed 50% or more of the purchased course.

If you meet all of these criteria, submit your refund request in writing via email to support@360training.com with a proof-of-purchase receipt and an explanation for why you are requesting a refund.

You can find more information about our refund policy here.

 

Regulatory Information

Name:Alabama Real Estate Commission
Phone:334-242-5544
Fax:334-270-9118
Website URL:https://arec.alabama.gov/arec/default.aspx
Email Address:arec@arec.alabama.gov
Address:1201 Carmichael Way
City:Montgomery
State:AL
Zip:36106-3674

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