Alabama Real Estate Practice Exam

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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!

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What is an exemption to the Federal Housing Act?

Commercial buildings with more than 10 units
Owner-occupied buildings with no more than 4 units
Housing rented out for vacation purposes only
All housing with no exemptions

The correct answer is: Owner-occupied buildings with no more than 4 units

An exemption to the Federal Housing Act refers to a specific condition or category that is excluded from the regulations of the act. Option A is incorrect because commercial buildings with more than 10 units are not exempt from the act. Option C is incorrect because housing rented out for vacation purposes is not exempt from the act. Option D is incorrect because there are exemptions to the Federal Housing Act. Only option B is correct because owner-occupied buildings with no more than 4 units are exempt from the regulations of the act.