Georgia Real Estate U Final Exam Study
Downloaded by Jymoh Ruggz
, 2025
Georgia Real Estate U Final Exam Study
With 100% Correct Answers
What is a lien theory state? - Correct Answer-
The homeowner holds the deed forithe property
throughou t the entire loan.
There is a mixed-
use property forisale in Cassie's community, and a buyer
w alks into her office looking for ia residential space.
Should Cassie consider showing him the property zoned
mixed-use? - Correct Answer-Yes, because mixed-
use is a combination of commercial and residential real
est ate
An investor who bought a rental house needs someone to
t ake care of the property, screen prospective renters,
coord inate repairs, handle maintenance and tenant
concerns, a nd evictions, if necessary. He's looking for ia...?
-
Correct Answer-Property manager
In economics, supply is...? - Correct Answer-
The quantityiof goods or services available, whether in
abu ndance or scarcity.
In economics, demand is...? - Correct Answer-
The supply of willing and able consumers, which can be fe
w or numerous.
, 2025
When the supply is limited and demand is high...?
- Correct Answer-Prices escalate
To become a real estate broker, a person must have...?
- Correct Answer-
Experience as an agent, a broker's license, andiadditional e
ducation.
Real estate brokers are paid a commission for the sales,
an d...? - Correct Answer-
The commission, which can vary, is split between the
broke r and agent.
Property types are generally categorized by the...................tha
t applies to that property. - Correct Answer-Zoning Law
Aifamily is going to build their dream home, and they've
loo ked at several house plans, but they haven't found one
that is exactly right. They'd like to take some parts from
one pla n and combine it with parts from another, with
some additi onal innovations of theiriown. They want
someone who can design and plan their home and work
with the contractors to build it. The person they need to
find is.................................................................................? -
Correct Answer-An Architect
Single family homes are....? - Correct Answer-
Private freestanding residential houses
, 2025
The effect of the first-
time homebuyer's taxicredit was to...? - Correct
Answer-Motivate people to buy homes
Real estate agents work with...? - Correct
Answer-Buyers and Sellers
When supplyiis plentiful and demand is low...?
- Correct Answer-Prices drop
Sam is looking foria warehouse, and he wants to find a
real estate agent oribroker who is knowledgeable in this
area. He's starting a business, and it will require space for
asse mbly and production, but he also needs to be able to
use it f or distribution, warehousing, and research and
developme nt. He needs to find...? - Correct Answer-
Aiagent that specializes in industrial property
Single-family homes and single-
family lots are always considered...? - Correct
Answer-Residential Property
Fill in the blank....................represent both the buyeriand sell
erioriboth the tenant and landlord in the same transaction.
- Correct Answer-Dual Agents
If you serve in the army reserve and are studying to be a
br oker, you effectivelyiget 10 points added to youriscore.
Whi ch of the following is true? - Correct Answer-
Downloaded by Jymoh Ruggz
, 2025
Georgia Real Estate U Final Exam Study
With 100% Correct Answers
What is a lien theory state? - Correct Answer-
The homeowner holds the deed forithe property
throughou t the entire loan.
There is a mixed-
use property forisale in Cassie's community, and a buyer
w alks into her office looking for ia residential space.
Should Cassie consider showing him the property zoned
mixed-use? - Correct Answer-Yes, because mixed-
use is a combination of commercial and residential real
est ate
An investor who bought a rental house needs someone to
t ake care of the property, screen prospective renters,
coord inate repairs, handle maintenance and tenant
concerns, a nd evictions, if necessary. He's looking for ia...?
-
Correct Answer-Property manager
In economics, supply is...? - Correct Answer-
The quantityiof goods or services available, whether in
abu ndance or scarcity.
In economics, demand is...? - Correct Answer-
The supply of willing and able consumers, which can be fe
w or numerous.
, 2025
When the supply is limited and demand is high...?
- Correct Answer-Prices escalate
To become a real estate broker, a person must have...?
- Correct Answer-
Experience as an agent, a broker's license, andiadditional e
ducation.
Real estate brokers are paid a commission for the sales,
an d...? - Correct Answer-
The commission, which can vary, is split between the
broke r and agent.
Property types are generally categorized by the...................tha
t applies to that property. - Correct Answer-Zoning Law
Aifamily is going to build their dream home, and they've
loo ked at several house plans, but they haven't found one
that is exactly right. They'd like to take some parts from
one pla n and combine it with parts from another, with
some additi onal innovations of theiriown. They want
someone who can design and plan their home and work
with the contractors to build it. The person they need to
find is.................................................................................? -
Correct Answer-An Architect
Single family homes are....? - Correct Answer-
Private freestanding residential houses
, 2025
The effect of the first-
time homebuyer's taxicredit was to...? - Correct
Answer-Motivate people to buy homes
Real estate agents work with...? - Correct
Answer-Buyers and Sellers
When supplyiis plentiful and demand is low...?
- Correct Answer-Prices drop
Sam is looking foria warehouse, and he wants to find a
real estate agent oribroker who is knowledgeable in this
area. He's starting a business, and it will require space for
asse mbly and production, but he also needs to be able to
use it f or distribution, warehousing, and research and
developme nt. He needs to find...? - Correct Answer-
Aiagent that specializes in industrial property
Single-family homes and single-
family lots are always considered...? - Correct
Answer-Residential Property
Fill in the blank....................represent both the buyeriand sell
erioriboth the tenant and landlord in the same transaction.
- Correct Answer-Dual Agents
If you serve in the army reserve and are studying to be a
br oker, you effectivelyiget 10 points added to youriscore.
Whi ch of the following is true? - Correct Answer-
