Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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 estate at will?

A lease with a specified end date
A property occupied without a specific end date
A type of mortgage
A permanent lease agreement

The correct answer is: A property occupied without a specific end date

An estate at will refers to a property that is occupied without a specific end date. This means that the tenant can stay on the property for an indefinite period of time, as long as they continue to pay rent and follow the terms of the lease. This option is different from the other choices because it does not have a predetermined end date like a lease with a specified end date (option A), and it is not a type of mortgage (option C) or a permanent lease agreement (option D) which are both more specific types of property agreements.