Alabama Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Master your Alabama real estate exam with our comprehensive practice test. Tailored feedback, expert tips, and up-to-date questions to ensure your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is a binder in the context of sales contracts?

A folder to keep documents
A preview of contract terms
Lists key terms of acceptance
A booklet of the property's images

The correct answer is: Lists key terms of acceptance

A folder to keep documents is incorrect because a binder in the context of sales contracts does not refer to a physical folder used to keep documents organized. A preview of contract terms is incorrect because a binder is not a preview, but rather a document that outlines the full contract terms. A booklet of the property's images is incorrect because a binder in the context of sales contracts does not contain images of the property. It is a document that outlines the key terms of acceptance between the buyer and seller.