Complete Exam Study Guide & Practice Questions (Latest
2026-2028)
Pass your Georgia CAM license exam on your very first attempt with this
comprehensive, high-yield regulatory study package. This resource breaks down
complex community management principles, including the Georgia Property Owners’
Association (POA) Act, HOA covenant enforcement, budgeting, and legal management
responsibilities. Eliminate testing anxiety and master state-specific legal scenarios using
realistic practice questions modeled directly after the official AMP/PSI Georgia real
estate commission blueprint.
The Year 1925 - CORRECT ANSWER License Law enacted and the GREC (Georgia
Real Estate Commission) was created to protect from harmful acts of Real Estate
brokers.
QUESTION :GREC - CORRECT ANSWER Georgia Real Estate Commission; holds
6 members. 1 of which is not RE (real estate) licensed
QUESTION :GREC's Authority - CORRECT ANSWER Can Issue or Deny RE (real
estate) Licenses, Can discipline by revoking, suspending, warning, or fining, Can set
rules and regs, and Establishes fees
QUESTION :The Year 1996 - CORRECT ANSWER CAM Created in GA
QUESTION :Licensee - CORRECT ANSWER a salesperson, associate broker,
broker, or community association manager
QUESTION :Broker - CORRECT ANSWER any person who or entity that collects
assessments or performs community association management services; AKA Top Dog
of RE Ladder
QUESTION :Community Association - CORRECT ANSWER an organization in
which common area property is owned or managed by an association in which
membership is mandatory as an incident of ownership within the community
QUESTION :CAM (community association manager) - CORRECT ANSWER
providing management or admin services to the operation of affairs of a community
association which includes collecting, controlling, or disbursing the funds, obtaining
insurance, arranging/coordinating maintenance and overseeing the day-to-day
operations of the association
, QUESTION :Who can provide CAM services WITHOUT a license? - CORRECT
ANSWER 1. Developer
2. Anyone that works FULLTIME directly for the developer
3. Anyone hired on a FULLTIME basis by the HOA
4. A member of the community association that works for that specific CA ONLY
(doesn't matter if full or part-time)
5. Anyone performing maintenance on the property
6. A CPA (certified public accountant)
7. A licensed practicing attorney
QUESTION :Can I hold a license, but provide CAM services directly to my own
community that I am a member of? - CORRECT ANSWER NO! Either surrender
the license or find a broker that will hire you.
QUESTION :CAM is to Broker as Agent is to - CORRECT ANSWER Principal
QUESTION :Community Association is to Broker as Principal is to - CORRECT
ANSWER Agent
QUESTION :When hired by a brokerage, do I need to notify the GREC? - CORRECT
ANSWER Yes.
QUESTION :Does a salesperson and CAM have no authority without a broker? -
CORRECT ANSWER Yes. They are the ones to assign your role and duties.
QUESTION :CAM & Salesperson Requirement for Age - CORRECT ANSWER 18
QUESTION :CAM, Salesperson, & Broker Requirement for Education - CORRECT
ANSWER High School Diploma or Equivalent
QUESTION :CAM Course Requirement - CORRECT ANSWER 25-Hour
Commission Approved Course and Test
QUESTION :GREC Qualifying Broker Requirements - CORRECT ANSWER 1.
Must be a human being
2. Must be an officer or top title holder of company (i.e. partner, manager, owner, etc)
3. Authority to bind the brokerage company (able to sign contracts with CA's)
4. A signatory on all trust accounts held by the brokerage
QUESTION :As a broker, can I solicit business from another brokerage? - CORRECT
ANSWER NO! You must have written approval from the current brokerage of the CA
prior to trying to poach them.
, QUESTION :Do brokers need permission to sell RE in a community they also manage?
- CORRECT ANSWER Yes. It is normally in the management contract, however if
the broker thinks far enough ahead.
QUESTION :Can I, as a CAM, sell my house without notifying anyone? - CORRECT
ANSWER No! You must disclose to your RE agent that you are licensed. Also, you
MUST FIRST check with your broker prior to going into contract with another brokerage
company because this could be lost revenue to your broker's business.
QUESTION :How long does the broker have to return documents after termination of
contract? - CORRECT ANSWER 30 days. Must return complete and accurate
records of all financials, funds, and any documents or records received on the
Associations behalf
QUESTION :Severability - CORRECT ANSWER cancelling the whole or part of a
contract
QUESTION :Term of a Contract - CORRECT ANSWER Length of time it is valid;
REQUIRED on ALL contracts
QUESTION :When is Fidelity Insurance Required? - CORRECT ANSWER
Required when a broker has access to more than $60,000 in funds to be covered by a
bond (insurance)
QUESTION :How much should fidelity insurance cover? - CORRECT ANSWER It
should cover the maximum amount of funds that the broker has access to, but should
never be less than the sum of 3 month assessments due from all members of the
association and the reserve funds combined
QUESTION :Exclusive management agreement with community associations must
contain a: - CORRECT ANSWER Term Clause
QUESTION :Who determines the duties of a licensed CAM? - CORRECT ANSWER
The qualifying broker
QUESTION :What are the two types of property? - CORRECT ANSWER Real
and Personal
QUESTION :Personal Property - CORRECT ANSWER All property which is
movable in nature (i.e. furniture, crops, cut timber)
QUESTION :Real Property - CORRECT ANSWER All things permanently
attached to the land or to the buildings (i.e. soil, concrete bed the house is on, house
walls)
, QUESTION :To Sell Personal Property, What type of Document is Needed? -
CORRECT ANSWER Bill of Sale
QUESTION :To Sell Real Property, What type of document is needed? - CORRECT
ANSWER Deed
QUESTION :What is required on a deed to sell real property in GA? - CORRECT
ANSWER 1. Name and signature of grantor
2. Name of grantee
3. Legal description of property
4. Sentence or two explaining the value/consideration being received by the grantor to
grantee
5. Sentence explaining what the grantor is conveying/rights given to the grantee
(example: allowing them to purchase air rights, tree rights?)
QUESTION :Grantor - CORRECT ANSWER The seller or Giver of the property
QUESTION :Grantee - CORRECT ANSWER Receiver of the property
QUESTION :How is a deed valid or enforcable? - CORRECT ANSWER As soon
as it is signed by the grantor! However, for the public to know, one must Record the
deed in the county land records with the following:
1. One unofficial witness
2. One Official witness (usually a notary public)
3. Attestation of witnesses that it was signed in their presence
4. name and address of the grantee for the official document to be returned to once
documented
QUESTION :What are the three types of Legal Descriptions? - CORRECT ANSWER
1. Short Form Legal
2. Long Form Legal
3. Condominium Legal
QUESTION :Short Form Legal Description Requirements - CORRECT ANSWER
State and county where property is located
Land lot, district and section
Subdivision/project name
Lot numbner and Block
Plat book and page number where the plat is recorded in the county land records
QUESTION :Long Form Legal Description Requirements - CORRECT ANSWER
Known as Metes and Bounds (aka, a set point of earth as described and the perimeter
which includes degrees, minutes, seconds, and compass bearings)