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Course Content
AL State Course Overview
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1 Topic
Summary
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ALABAMA 1: Your Alabama Pre-licensing Course
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5 Topics
Topic 1: Getting Started
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Topic 2: Working in Your Course
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Topic 3: Activity Types
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Topic 4: We’re Here to Help
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Topic 5: Course Completion Requirements
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AL 2: Rights in Real Estate
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3 Topics
2 Quizzes
AL 2.1 Real Estate as Property
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AL 2.2 Real Property vs. Personal Property
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AL 2.3 Regulation of Real Property Interests
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AL 2 Quiz
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AL 2 Quiz: Rights in Real Estate
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AL 3: Interests & Estates
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3 Topics
1 Quiz
Interests & Estates in Land
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Freehold Estates
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Leasehold Estates
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Lesson 3 Quiz
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AL 4: Ownership
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7 Topics
1 Quiz
Ownership
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Sole Ownership
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Co-Ownership
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Estates in Trust
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Ownership by Business Entities
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Condominiums
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Time-Shares
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Lesson 4 Quiz
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AL 5: Encumbrances & Liens
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7 Topics
1 Quiz
Encumbrances
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Easements
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Encroachments
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Licenses
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Deed Restrictions
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Liens
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Foreclosure
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Lesson 5 Quiz
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AL 6: Transferring & Recording Title to Real Estate
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5 Topics
1 Quiz
Title to Real Estate
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Deeds of Conveyance
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Wills
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Involuntary Title Transfer
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Title Records
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Lesson 6 Quiz
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AL 7: Leasing Essentials
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4 Topics
1 Quiz
The Lease Contract
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Types of Leases
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Default & Termination
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Uniform Residential Landlord and Tenant Act
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Lesson 7 Quiz
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AL 8: Land Use Planning and Control
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4 Topics
1 Quiz
Real Estate Planning
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Public Land Use Control
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Private Land Use Control
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Environmental Controls
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Lesson 8 Quiz: Land Use Planning & Control
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AL 9: Legal Descriptions
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5 Topics
1 Quiz
Methods of Legal Description
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Metes & Bounds
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The Rectangular Survey System
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Recorded Plat Method
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Describing Elevation
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Lesson 9 Quiz: Legal Descriptions
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AL 10: Fundamentals of Contract Law
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4 Topics
1 Quiz
Contract Validity & Enforceability
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Contract Creation
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Classification of Contracts
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Contract Termination
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Lesson 10 Quiz: Fundamentals of Contract Law
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AL 11: National Agency
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4 Topics
1 Quiz
The Agency Relationship
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Fiduciary Duties
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Forms of Real Estate Agency
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Agency Disclosure Rules
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Lesson 11 Quiz: National Agency
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AL 12: Listing Agreements Overview
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4 Topics
1 Quiz
Review of Legal Foundations
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Types of Listing Agreements
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Fulfillment and Termination
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Listing Agreement Clauses
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Lesson 12 Quiz: Listing Agreements Overview
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AL 13: General Brokerage Practices
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4 Topics
1 Quiz
Function and Organization
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The Broker-Salesperson Relationship
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Operating a Real Estate Brokerage
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Business Brokerage
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Lesson 13 Quiz: General Brokerage Practices
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AL 14: Overview of Conveyance Contracts
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4 Topics
1 Quiz
Contract for Sale
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Sale Contract Provisions
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Option-To-Buy Contract
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Contract for Deed
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Lesson 14 Quiz: Overview of Conveyance Contracts
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AL 15: Real Estate Market Economics
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2 Topics
The Market System
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Real Estate Market Dynamics
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AL 16: Appraising and Estimating Market Value
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6 Topics
1 Quiz
Real Estate Value
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Appraising Market Value
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The Sales Comparison Approach
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The Cost Approach
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The Income Capitalization Approach
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Regulation of Appraisal Practice
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Lesson 15 & 16 Quiz
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AL 17: Real Estate Finance
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7 Topics
1 Quiz
Anatomy of Mortgage Lending
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Initiating a Mortgage Loan
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Qualifying for a Mortgage Loan
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Closing a Loan
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Laws Affecting Mortgage Lending
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The Mortgage Market
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Types of Real Estate Loans
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Lesson 17 Quiz: Real Estate Finance
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AL 18: Real Estate Investment
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6 Topics
1 Quiz
Investment Fundamentals
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Real Estate as an Investment
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Real Estate Investment Entities
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Taxation of Real Estate Investments
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Investment Analysis of a Residence
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Investment Analysis of an Income Property
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Lesson 18 Quiz: Real Estate Investment
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AL 19: Real Estate Taxation
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4 Topics
1 Quiz
Taxing Entities
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Ad Valorem Taxation
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Special Assessments
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Tax Lien Enforcement
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Lesson 19 Quiz: Real Estate Taxation
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Lessons: