ALA LEG Real Estate Commission Rules

Updated on: Jan 6, 2025

Latest Event


  • Dec. 2024 ALA LEG Final Adoption
  • On Dec. 31, 2024, ALA LEG reported final adoption of amended, certified new rules.
  • Reported that proposed new rule, ALA LEG 790-X-3-.16, was adopted without changes.
  • Rules 790-X-1-.03, 790-X-1-.06, 790-X-1-.12 and 790-X-3-.03 amended with changes.
  • Certified new rule and amendments to the existing rules are effective Feb. 14, 2025.

On Sep. 30, ALA LEG real estate commission proposed to amend rules

  • ALA LEG Real estate commission published rule amendments and a proposed new rule in State register, including rules on licensing, continuing education, and advertising.
  • Amends provisions of Title 790 (ALA LEG 790), Alabama Real estate commission.
  • Proposed Amended Rules
  • Amend rule on license requirements to eliminates requirement for coordinator of repairs and maintenance for a property under management to have real estate license.
  • Also proposed rule to clarify that qualifying brokers, as opposed to associate brokers, are the persons who should be entering out-of-state co-brokerage agreements.
  • Third rule eliminates the limit on the number of hours of credit can be earned in a day.
  • Adds language required on reciprocally licensing spouses of active-duty military.
  • Eliminates the requirement for distance education classes with class sizes under 10 students to have an additional moderator, but remains for classes that are 10 or larger.
  • Requires licensees to use legal surname in licensed real estate activities and marketing as an agent, clarifies nicknames can be used in place of first names, not last names.
  • Removes requirement for files to be kept at business, files can be kept electronically.
  • Mutual release pertaining to earnest money can only be entered after transaction fails.
  • New estimated closing statement to be provided by agent to the client for every offer.
  • Proposed New Rule
  • Proposed new rule, ALA LEG 790-X-3-.16, on advertising, to define word prominently in the context of advertising the name of the real estate company or qualifying broker.
  • Consultation
  • Public hearing scheduled Oct. 24, 2024; written comments are due by Nov. 4, 2024.
  • Dec. 2024 ALA LEG Final Adoption
  • On Dec. 31, 2024, ALA LEG reported final adoption of amended, certified new rules.
  • Reported that proposed new rule, ALA LEG 790-X-3-.16, was adopted without changes.
  • Rules 790-X-1-.03, 790-X-1-.06, 790-X-1-.12 and 790-X-3-.03 amended with changes.
  • Certified new rule and amendments to the existing rules are effective Feb. 14, 2025.
Regulators
ALA LEG
Entity Types
Corp; IB; MG Orig
Reference
ALA SR Vol. XLIII Is. 3, RF, 12/31/2024; ALA SR Vol. XLII, No. 12, p. 544, 9/30/2024; Citation: ALA LEG 790;
Functions
Advertising; Compliance; Legal; Sales Practices
Countries
United States of America
Category
State
N/A
Products
Corporate; Mortgage
Rule Type
Final
Regions
Am
Rule Date
Sep 30, 2024
Effective Date
Feb 14, 2025
Rule ID
228123
Linked to
N/A
Reg. Last Update
Dec 31, 2024
Report Section
US Investment