AND ANSWERS 2026 UPDATED.
How often *must* you take continuing education? - Answer *Every 4 years*.
In Georgia, which of the following is *NOT* a cost or expense of owning a home? - Answer
Taxes on *personal property*.
A *Broker's*, license fee costs how much? - Answer *$170*
All of the following, exist in Georgia *EXCEPT*. Ad valorem Taxation, Special Assessments,
Statutory Right of Redemption, Equitable Right of Redemption - Answer *Statutory Right of
Redemption*
Which of the following statements about a *Management Agreement* is *FALSE*? - Answer
*It is FALSE that*: it requires the Property Manager to work diligently to maximize the
Licensee's rate of return.
An item of *Functional Obsolescence* is considered *incurable* if the: - Answer cost to
repair is more than the value it ads.
What is *TRUE* about an *Associate Broker* in Georgia? - Answer Both A&B: *A*. An
Associate Broker may perform any real estate brokerage act that requires a license. *B*. An
Associate Broker acts on behalf of a Broker.
The squared or rectangles used in Georgia legal description are: - Answer *Land Lots* and
*Districts*.
Does Georgia allow *Joint Tenancy* or *Tenancy by the Entirety*? - Answer Georgia allows
*Joint Tenancy.*
How many hours of continuing education are required to renew a 4 year real estate
*Salespersons*, license? - Answer 24
What is *Homestead Protection*? - Answer The status provided to a homeowner's principal
residence that *protects the home against judgement*, up to a specified amount.
Which of the following is *NOT*, a *Covenant of Warranty* in a *Georgia General Warranty
Deed*? - Answer *NOT* a Covenant of, *Further Assurance*.
, To keep a Georgia Sales Associate License, an individual must do all of the following *EXCEPT*: -
Answer *EXCEPT* Take at least ten quarter hours or six semester hours of college courses in
real estate.
Based on the ability to accept assignments, *which appraiser has the most latitude*? - Answer
*Certified General*
The real estate records in Georgia are maintained by the: - Answer *Clerk of Superior Court*
To be recorded in Georgia, the deed must be witnessed by: - Answer one official witness and
one unofficial witness.
A buyer signs a contract to purchase a commercial building in Savannah. The contract is silent as
to who bears the risk of loss proper to closing. *After the contract is signed, but before the
closing*, the building burns to the ground.According to Georgia law the. - Answer *BUYER*
must bear the risk of loss or damage before the closing.
In Georgia, the Landlord's eviction of a tenant is generally known as: - Answer a
*DISPOSSESSION*.
Real property legal descriptions in Georgia can be based on all of the following *EXCEPT*: Land
Lots, Township, Georgia Militia Districts, Districts. - Answer *EXCEPT, Township*.
Under Georgia law, to claim adverse possession, the claim *Must* be: - Answer *Must be,*
Accompanied by a *Claim of Right* and *Free of Fraud.*
The relationship between *Broker and Seller* is generally what type of agency? - Answer
*Special*.
Which *State Agency* is responsible for the implementation of the *Georgia Lead Paint
Prevention Act* of 1994? - Answer *Georgia Department of Natural resources*.
In Georgia, the legal document that pledges the property as collateral for repayment of the loan
is the: - Answer *Security Deed*.
A community that merges, housing, recreation and commercial units into one self contained
development is called a : - Answer *pud*.