QUESTIONS AND CORRECT DETAILED ANSWERS
2026/2027 | ALREADY GRADED A+
1. The Georgia Real Estate Commission (GREC) is primarily responsible for:
A) Setting federal mortgage rates
B) Licensing, disciplining, and regulating real estate professionals in Georgia
C) Administering the state’s property tax system
D) Approving all real estate contracts
Answer B: Licensing, disciplining, and regulating real estate professionals in
Georgia
Rationale: GREC oversees licensing, education, and enforcement of real estate
laws within the state.
2. To qualify for a Georgia real estate license, an applicant must be at least:
A) 16 years old
B) 18 years old
C) 21 years old
D) 25 years old
Answer B: 18 years old
Rationale: Georgia law requires applicants for a real estate license to be at least
18 years old.
,3. How many hours of prelicensing education are required for a real estate
salesperson license in Georgia?
A) 40 hours
B) 75 hours
C) 100 hours
D) 120 hours
Answer B: 75 hours
Rationale: Georgia requires 75 hours of approved prelicensing education for a
real estate salesperson license.
4. Which of the following best describes an inactive license status in Georgia?
A) The licensee has surrendered their license
B) The licensee has paid the license fee but hasn’t completed CE requirements
C) The licensee has been suspended for disciplinary reasons
D) The licensee has been permanently revoked
Answer B: The licensee has paid the license fee but hasn’t completed CE
requirements
Rationale: An inactive license means the license fee has been paid but CE
requirements are not complete.
,5. Under BRRETA, which fiduciary duty requires an agent to keep the client’s
personal information confidential?
A) Disclosure
B) Confidentiality
C) Loyalty
D) Accounting
Answer B: Confidentiality
Rationale: Confidentiality is one of the fiduciary duties under BRRETA, along with
Obedience, Loyalty, Disclosure, Accounting, and Care (COLDAC).
6. A buyer’s agent legally learns the seller’s minimum acceptable price. The
agent’s proper course of action is to:
A) Keep the information confidential from the buyer
B) Disclose the seller’s minimum price to the buyer to benefit the buyer
C) Withdraw from the transaction
D) Report the seller to GREC
Answer B: Disclose the seller’s minimum price to the buyer to benefit the
buyer
Rationale: Under BRRETA, the buyer’s agent owes loyalty to the buyer and can
use legally obtained information for the buyer’s benefit.
7. Designated agency in Georgia requires:
A) One agent per office
, B) Two separate agents in the same brokerage representing different clients
C) Separate brokerages for buyer and seller
D) No written consent
Answer B: Two separate agents in the same brokerage representing different
clients
Rationale: Designated agency assigns one agent to the buyer and one to the
seller within the same firm.
8. In Georgia, a broker must disclose agency status to a client at the earliest
reasonable opportunity. This is an example of:
A) Anti-steering regulation
B) Agency disclosure rule
C) Material fact disclosure
D) Dual-agency prohibition
Answer B: Agency disclosure rule
Rationale: Georgia law obligates brokers to disclose their agency relationship
early to prevent misrepresentation.
9. Which federal law protects the following classes from discrimination: race,
color, national origin, religion, sex, familial status, and disability?
A) The Civil Rights Act of 1866
B) The Fair Housing Act
C) The Equal Credit Opportunity Act