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POST LICENSE EXAM 25 FULL PRACTICE QUESTIONS WITH REAL ESTATE AND INSURANCE POST-LICENSING CONCEPTS

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POST LICENSE EXAM 25 FULL PRACTICE QUESTIONS WITH REAL ESTATE AND INSURANCE POST-LICENSING CONCEPTS

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POST LICENSE EXAM 25 FULL PRACTICE
QUESTIONS WITH REAL ESTATE AND
INSURANCE POST-LICENSING CONCEPTS

◉ To carry out its investigative functions, the Commission must do
what?
Answer: May contract with outside specialists


◉ A nonresident license that has lapsed for nonpayment of a
renewal fee may be reinstated by what?
Answer: Paying the original application fee, provided the licensee
has maintained an active and up-to-date license in the state of
residence


◉ An applicant unhappy with the final outcome of the hearing
process can do what?
Answer: May request a judicial review by a superior court


◉ When the Commission enters into a contract with someone to
assist in examining a broker's trust account, what must happen?
Answer: The contractor must be supervised by the Commission


◉ Who retains custody of an affiliated licensee's license?

,Answer: The broker for whom the licensee works for


◉ What is the procedure for an applicant with a disability to ensure
proper accommodation at the examination site?
Answer: Submit a written request, with documentation, to the
Commission office by the application deadline


◉ In applying for a real estate license, a person who has been
sanctioned by another licensing authority must do what?
Answer: Provide the Commission with a copy of any final order
issued by the authority


◉ Is a licensee permitted to leave her employing broker to go join
another broker?
Answer: Yes


◉ If an applicant requests a hearing after the Commission has
refused a license, where will the hearing be held?
Answer: In the county of domicile of the Commission


◉ The Commission must be notified in writing by the former broker
that the wall license has been moved. Within how many days of a
licensee's move must this notification be made?
Answer: 30

, ◉ If an application for a salesperson or community association
manager license omits the signature of an employing broker, what
happens?
Answer: An inactive license will be issued


◉ What is the penalty if a salesperson or community association
manager license applicant applies for the license four months after
passing the exam?
Answer: Double the regular fee


◉ What is the minimum length of time the Commission must retain
investigative files?
Answer: 15 years


◉ Under what circumstances will a license fee be refunded?
Answer: None


◉ Under what circumstance is it allowed under Georgia law that a
licensee can keep his own wall license?
Answer: When he is retiring after at least 20 years of active licensure


◉ An application for a Commission action regarding a license may
be submitted by fax, provided it does not require what?

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