Alabama Real Estate Tutor

11/30/2022

CAN YOU ANSWER THESE 5 QUESTIONS?

1. If a property begins at point A and runs south for 140’ to point B, then runs west for 500’ to point C, then north for 70’ to point D, what would be the final direction to return to the POB and create the final boundary?

A. Proceed 500’ east
B. Proceed 500’ west
C. Proceed 140’ east
D. Proceed 140’ west

2. How many acres are contained in a parcel described as follows: The SE 1/2 of the NW 1/4 of the SW 1/4 of Section 10?

A. 64
B. 10
C. 20
D. 640

3. If a man dies and his wife automatically receives his half of the ownership shares of their personal residence, the house was held in what kind of tenancy?

A. Tenancy in common
B. Community property
C. Joint tenancy
D. Pur autre vie life estate

4. What’s the funding fee for the first-time usage of a VA loan program ?

A. 0%
B. 2.3%
C. 3.6%
D. 5%

5. According to Alabama license law, can a salesperson with less than 18 months of licensure serve as a temporary broker?

A. No, not until they have 24 months of licensure
B. No, this is never allowed
C. Yes, as long as the AREC is notified via email
D. Yes, as long as he or she has at least 12 months of licensure and all proper procedures are followed

If not, YOU MAY NEED A CRAM COURSE!

Montgomery, Sat, Dec 10, 2022 | 8 am to 4 pm
Birmingham, Fri, Dec 16 | 9 am to 4 pm
Cost: $99 | CashApp accepted

11/18/2022

Can you answer these five questions?

1. If a property begins at point A and runs south for 70’ to point B, then runs west for 120’ to point C, then north for 70’ to point D, what would be the final direction to return to the POB and create the final boundary?
A. Proceed 120’ east
B. Proceed 120’ west
C. Proceed 70’ east
D. Proceed 70’ west

2. How many acres are contained in a parcel described as follows: The NE ¼ of the NW ¼ of the NW ¼ of Section 10?
A. 64
B. 10
C. 20
D. 640

3. Under which conditions may a private club be exempt from the federal fair housing acts guidelines?
A. As long as “members only” signs are posted on the property
B. As long as all members are from a protected class
C. As long as the lodgings are not operated commercially
D. As long as the property is part of a 1031 tax deferment plan

4. What’s the primary purpose of FHA loan program?
A. To provide low down payments
B. To help low-to-moderate borrowers qualify for loans
C. To insure loans for participating lenders
D. To offer competitive interest rates

5. According to Alabama license law, can a listing agreement automatically renew after six months?
A. No, but it may renew every three months
B. No, a listing agreement requires an expiration date
C. Yes, as long as the broker and seller agree to the terms
D. Yes, as long as the agreement is in writing

If not, you may need to attend a CRAM COURSE!

11/15/2022

Hello! Don't miss our next Cram Course on Sat, Dec 10 in Montgomery! Register now!

Students are encouraged to come prepared with specific questions about pre-license topics. Let's get your questions answered!!

11/03/2022

Don't miss our next Cram Course on Sat, Nov 12! Registration now open! Just $99!
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11/03/2022

Next Cram Course!
Sat, Nov 12!
Register now!

10/03/2022

COVID is not gone (we know!), but I finally feel confident enought to hold IN-PERSON CRAM COURSES again! Check out my website for details.
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08/01/2020

Chapter 1 of the National Topics: Real Property Vs. Personal Property!

In Chapter 1, Unit 1 of the national topics, we will explore the basics of property ownership, including: Real Property, Personal Property, The Bundle of Leg...

08/01/2020

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06/13/2020

I'm so excited to release my new ON-LINE STUDY COURSE! Now you can take my cram course from the comfort and safety of your own home. Includes narrated videos, on-line quizzes, printable study notes and printable exams for each chapter! Check out my course catalog here:

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02/17/2020

If you felt like the "BEFORE CRAM" pic, come and see me on March 7 in Montgomery! Awesome ONE-DAY CRAM COURSE for only $75! www.alabamarealestatetutor.com