Georgia Real Estate Salesperson
Examination Questions And Correct
Answers (Verified Answers) Plus
Rationale 2026 Q&A| Instant Download
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1. Which of the following best describes a real estate salesperson’s primary
role?
A. Approving mortgage applications
B. Negotiating transactions on behalf of clients
C. Determining property tax rates
D. Drafting zoning laws
B. Negotiating transactions on behalf of clients
Rationale: A real estate salesperson facilitates the buying, selling, or
leasing of properties and negotiates on behalf of their clients.
2. In Georgia, who must hold a real estate license?
A. Property owners selling their own property
B. Property managers who only rent their own units
C. Individuals representing others in real estate transactions for
compensation
D. Attorneys practicing real estate law
C. Individuals representing others in real estate transactions for
compensation
Rationale: Georgia law requires anyone acting on behalf of another person
in a real estate transaction for a fee to have a real estate license.
, 3. What is the primary purpose of the Georgia Real Estate Commission
(GREC)?
A. To issue building permits
B. To regulate real estate licenses and enforce the license law
C. To set property prices
D. To manage homeowner associations
B. To regulate real estate licenses and enforce the license law
Rationale: The GREC is responsible for licensing and disciplining real estate
professionals in Georgia.
4. Which type of agency relationship exists when a broker represents a
client in all real estate matters?
A. Dual agency
B. Transaction brokerage
C. General agency
D. Special agency
D. Special agency
Rationale: A special agency allows the broker to perform specific tasks,
such as buying or selling a property, on behalf of the client.
5. Which of the following is an example of a material fact in a real estate
transaction?
A. The color of the kitchen walls
B. The presence of a leaking roof
C. The seller’s preferred moving date
D. The buyer’s favorite neighborhood
B. The presence of a leaking roof
Rationale: Material facts are those that affect a buyer’s decision or the
value of the property.
6. What is the main function of the Multiple Listing Service (MLS)?
A. Provide mortgage financing
B. Allow brokers to share property listings
, C. Regulate commission rates
D. Assess property taxes
B. Allow brokers to share property listings
Rationale: MLS enables brokers to cooperate and share information about
properties for sale.
7. Which of the following is true regarding a dual agency in Georgia?
A. It is illegal under all circumstances
B. The broker may represent both the buyer and the seller with
written consent
C. The broker can disclose confidential information to either party
D. Dual agency eliminates the need for contracts
B. The broker may represent both the buyer and the seller with written
consent
Rationale: Dual agency is legal in Georgia if both parties are informed and
provide written consent.
8. What is the primary difference between real and personal property?
A. Real property is movable; personal property is immovable
B. Real property is immovable; personal property is movable
C. Personal property includes land
D. Real property refers only to commercial buildings
B. Real property is immovable; personal property is movable
Rationale: Real property includes land and anything permanently
attached; personal property is not fixed.
9. Which of the following best describes an easement?
A. A lien on a property
B. The right to use another’s property for a specific purpose
C. Ownership of another person’s property
D. A zoning restriction
, B. The right to use another’s property for a specific purpose
Rationale: Easements allow someone to use part of another’s property
without owning it.
10. In Georgia, what is the purpose of earnest money in a real estate
transaction?
A. To cover closing costs
B. To demonstrate the buyer’s serious intent to purchase
C. To pay property taxes
D. To guarantee appraisal approval
B. To demonstrate the buyer’s serious intent to purchase
Rationale: Earnest money acts as a deposit showing the buyer’s
commitment and can be applied to the purchase price at closing.
11. Which of the following types of listing agreements provides the
seller with the greatest flexibility to sell without paying a commission?
A. Exclusive right-to-sell
B. Exclusive agency
C. Open listing
D. Net listing
C. Open listing
Rationale: Open listings allow the seller to sell independently and only pay
commission to the broker who brings a buyer.
12. What is the primary role of a real estate appraisal?
A. To finance a property
B. To determine a property’s market value
C. To inspect a property’s structure
D. To negotiate a purchase contract
B. To determine a property’s market value
Rationale: Appraisals provide an objective estimate of a property’s value,
often required by lenders.
Examination Questions And Correct
Answers (Verified Answers) Plus
Rationale 2026 Q&A| Instant Download
1. Which of the following best describes a real estate salesperson’s primary
role?
A. Approving mortgage applications
B. Negotiating transactions on behalf of clients
C. Determining property tax rates
D. Drafting zoning laws
B. Negotiating transactions on behalf of clients
Rationale: A real estate salesperson facilitates the buying, selling, or
leasing of properties and negotiates on behalf of their clients.
2. In Georgia, who must hold a real estate license?
A. Property owners selling their own property
B. Property managers who only rent their own units
C. Individuals representing others in real estate transactions for
compensation
D. Attorneys practicing real estate law
C. Individuals representing others in real estate transactions for
compensation
Rationale: Georgia law requires anyone acting on behalf of another person
in a real estate transaction for a fee to have a real estate license.
, 3. What is the primary purpose of the Georgia Real Estate Commission
(GREC)?
A. To issue building permits
B. To regulate real estate licenses and enforce the license law
C. To set property prices
D. To manage homeowner associations
B. To regulate real estate licenses and enforce the license law
Rationale: The GREC is responsible for licensing and disciplining real estate
professionals in Georgia.
4. Which type of agency relationship exists when a broker represents a
client in all real estate matters?
A. Dual agency
B. Transaction brokerage
C. General agency
D. Special agency
D. Special agency
Rationale: A special agency allows the broker to perform specific tasks,
such as buying or selling a property, on behalf of the client.
5. Which of the following is an example of a material fact in a real estate
transaction?
A. The color of the kitchen walls
B. The presence of a leaking roof
C. The seller’s preferred moving date
D. The buyer’s favorite neighborhood
B. The presence of a leaking roof
Rationale: Material facts are those that affect a buyer’s decision or the
value of the property.
6. What is the main function of the Multiple Listing Service (MLS)?
A. Provide mortgage financing
B. Allow brokers to share property listings
, C. Regulate commission rates
D. Assess property taxes
B. Allow brokers to share property listings
Rationale: MLS enables brokers to cooperate and share information about
properties for sale.
7. Which of the following is true regarding a dual agency in Georgia?
A. It is illegal under all circumstances
B. The broker may represent both the buyer and the seller with
written consent
C. The broker can disclose confidential information to either party
D. Dual agency eliminates the need for contracts
B. The broker may represent both the buyer and the seller with written
consent
Rationale: Dual agency is legal in Georgia if both parties are informed and
provide written consent.
8. What is the primary difference between real and personal property?
A. Real property is movable; personal property is immovable
B. Real property is immovable; personal property is movable
C. Personal property includes land
D. Real property refers only to commercial buildings
B. Real property is immovable; personal property is movable
Rationale: Real property includes land and anything permanently
attached; personal property is not fixed.
9. Which of the following best describes an easement?
A. A lien on a property
B. The right to use another’s property for a specific purpose
C. Ownership of another person’s property
D. A zoning restriction
, B. The right to use another’s property for a specific purpose
Rationale: Easements allow someone to use part of another’s property
without owning it.
10. In Georgia, what is the purpose of earnest money in a real estate
transaction?
A. To cover closing costs
B. To demonstrate the buyer’s serious intent to purchase
C. To pay property taxes
D. To guarantee appraisal approval
B. To demonstrate the buyer’s serious intent to purchase
Rationale: Earnest money acts as a deposit showing the buyer’s
commitment and can be applied to the purchase price at closing.
11. Which of the following types of listing agreements provides the
seller with the greatest flexibility to sell without paying a commission?
A. Exclusive right-to-sell
B. Exclusive agency
C. Open listing
D. Net listing
C. Open listing
Rationale: Open listings allow the seller to sell independently and only pay
commission to the broker who brings a buyer.
12. What is the primary role of a real estate appraisal?
A. To finance a property
B. To determine a property’s market value
C. To inspect a property’s structure
D. To negotiate a purchase contract
B. To determine a property’s market value
Rationale: Appraisals provide an objective estimate of a property’s value,
often required by lenders.
