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.
What You Get
Certificate of completion
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Content is updated and current
- Real Estate as a Career
- Real Estate Law Violations
- Real Property Rights
- Characteristics of Property
- Land Use
- Land, Tenements, Hereditaments & Estates
- Life Estates
- Life Tenants and Nonfreehold Estates
- Concurrent Ownership
- Condominiums and Cooperatives
- Time-Sharing and Business Organization
- Easements and Liens
- Restrictions and Covenants
- Real Estate Ownership Summary
- Fractions and Formula
- Measurements and Survey Systems
- Agency and Brokerage Relationships
- Dual Agency
- Listing Agreements
- Legal Descriptions
- Basic Law of Contracts
- Types of Contracts
- Avoiding Fraud and Void
- Contract Termination
- Sale Contracts
- The Selling Process
- Deeds Part 1
- Deeds Part 2
- Title Insurance
- Environmental Issues
- Asbestos & Formaldehyde
- Real Estate Financing Practice
- Types of Mortgages
- Mortgage Bankers
- FHA and VA Loans
- VA Loans
- The Loan Process
- Lending Regulations
- Principles of Lending
- Leasing Basics
- Lease Contracts
- Property Management
- Real Estate Valuation
- Comparative Market Analysis
- Highest and Best Use
- Appraisal Steps
- Net Income
- Cost Approach
- Escrow & Settlement Process
- Closing Basics
- Fair Housing Laws and Protected Classes
- Americans with Disabilities Act
- History of Fair Housing in America
- The Law of the Land
- Fair Housing Rules
- Alabama Real Estate Commission
- Qualifications and Responsibilities
- Real Estate Consumers Agency
- Recovery Fund and License Law Violation
- Disciplinary Actions and Trust Accounts
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.
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 firstname.lastname@example.org.
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 email@example.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.
|Alabama Real Estate Commission
|1201 Carmichael Way