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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Who enforces the Interstate Land Sales Full Disclosure Act?

The Environmental Protection Agency
The Department of Housing and Urban Development
The Bureau of Land Management
The Federal Trade Commission

The correct answer is: The Department of Housing and Urban Development

The Interstate Land Sales Full Disclosure Act is a federal law that requires developers to provide prospective buyers with certain disclosures and documents before they purchase certain types of real estate. This includes subdivisions, cooperative land developments, and other types of undeveloped land. The Department of Housing and Urban Development (HUD) is responsible for enforcing this law. The Environmental Protection Agency, Bureau of Land Management, and Federal Trade Commission do not have enforcement authority over this act, making options A, C, and D incorrect. These agencies may have jurisdiction over other laws or regulations related to land sales, but not specifically the Interstate Land Sales Full Disclosure Act.