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Alabama Code (Last Updated: November 28, 2014) |
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Title34 PROFESSIONS AND BUSINESSES. |
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Chapter27. REAL ESTATE BROKERS. |
| Article 1. General Provisions. |
| § 34-27-1. Short title. |
| § 34-27-2. Definitions; exemptions from chapter. |
| § 34-27-3. Nonresident may not act except in cooperation with licensed broker of state; written co-brokerage agreement to be filed. |
| § 34-27-4. Real Estate Commission Revenue Fund and Real Estate Commission Proportionate Fund. |
| § 34-27-5. County list of licensees. |
| § 34-27-6. Real estate courses and schools. |
| § 34-27-8. Real Estate Commission - Quorum; rules and regulations; agency disclosure clause. |
| § 34-27-10. Chapter cumulative. |
| § 34-27-11. Penalties. |
| Article 2. Licenses. |
| § 34-27-30. Required. |
| § 34-27-30.1. License requirement or tax on certain real estate companies prohibited. |
| § 34-27-30.2. Fees prohibited on signs advertising real property for sale by realtors; restrictions on signs. |
| § 34-27-31. Recovery Fund created; fees paid to fund; injured party's recovery from fund; procedures, appeals, etc.; licensee to report any legal action taken against him or her. |
| § 34-27-32. Requirements for license; application; place of business; branch offices; multiple brokers; fees. |
| § 34-27-33. Examinations; temporary and original salesperson licenses; post license course requirements. |
| § 34-27-34. Who may serve as qualifying broker; responsibility of qualifying broker; change of broker; termination of qualifying broker's status. |
| § 34-27-35. License certificates generally. |
| § 34-27-35.1. Errors and omissions insurance. |
| § 34-27-36. Disciplinary action - Generally. |
| § 34-27-37. Disciplinary action - Procedure in action. |
| § 34-27-38. Disciplinary action - Appeals. |
| Article 3. Vacation Time-sharing Plans. |
| § 34-27-50. Definitions. |
| § 34-27-51. Acts constituting violation of article - Sell, etc.; without license; failure to provide certain documents at time of registration; failure to follow rules of advertising. |
| § 34-27-52. Acts constituting violation of article - Failure to keep certain items among business records. |
| § 34-27-53. Acts constituting violation of article - Failure to utilize, etc., fully completed copy of contract. |
| § 34-27-54. Acts constituting violation of article - Failure, etc., to honor buyer's request to cancel contract. |
| § 34-27-55. Acts constituting violation of article - Failure to refund all payments; failure to place all funds in escrow account. |
| § 34-27-56. Acts constituting violation of article - Misrepresentation. |
| § 34-27-57. Acts constituting violation of article - Sell, etc., interest in plan to third person that substantially affects rights of other owners. |
| § 34-27-58. Acts constituting violation of article - Failure to place 50 percent of cash, etc., received in escrow; failure to provide liability insurance, etc. |
| § 34-27-59. Acts constituting violation of article - Failure to disclose total financial obligation, etc., in contract. |
| § 34-27-60. Acts constituting violation of article - Misrepresentation; waiver of rights of purchasers; sale, etc., without license; bad checks. |
| § 34-27-61. Hearing; refusal, suspension, or revocation of license; willful violation defined; escrow deficiency. |
| § 34-27-62. Enforcement and implementation of article; acts constituting misdemeanors; voidability of sales of unregistered plans, etc. |
| § 34-27-63. Filing of plan relating to units not substantially completed requires filing of additional documents. |
| § 34-27-64. Registration fees; assessment of costs of investigating violation of article. |
| § 34-27-65. Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax. |
| § 34-27-66. Examination and license requirements; issuance and renewal of license; inactive status; change of address. |
| § 34-27-67. Registration required of every plan offered for sale. |
| § 34-27-68. Commission may seek injunctive relief, etc., for violation of article; investigation; revocation of registration. |
| § 34-27-69. Surety bond; suspension, etc., of license for violation of article; reinstatement; relicensure; board must be notified of initiation, etc., of legal action. |
| Article 4. Real Estate Consumer's Agency and Disclosure Act. |
| § 34-27-80. Short title. |
| § 34-27-81. Definitions. |
| § 34-27-82. Roles and duties of licensees; written disclosure documents; exceptions; brokerage agreements. |
| § 34-27-83. Agency disclosure office policy. |
| § 34-27-84. Obligations of licensees. |
| § 34-27-85. Services licensees required to provide. |
| § 34-27-86. Misrepresentation or false information given by licensee. |
| § 34-27-87. Duties supersede duties based on common law. |
| § 34-27-88. Violations. |
| Article 5. Interference with a Real Estate Relationship. |
| § 34-27-100. Definitions. |
| § 34-27-101. Violations; damages. |