Georgia Real Estate Exam Study Guide
Questions Verified and Provided with
Complete A+ Graded Answers Latest
Updated 2026
Accession The acquisition of title by the owner of real property to those
things attached to the property by others, such as tenants,
trespassers, or by nature.
Acre A measure of land area equal to 43560 square feet.
43560 The number of squarefeet in one acre.
Active License Status of an individual who has met all qualifications to practice real
estate as a broker, associate broker, or salesperson; and such license is
held by a broker, rather than by the Commission.
Air Lot A designated air space over a parcel of land. In condominiums, each
individual unit occupies a separate one.
Air Rights The right to use and enjoy the air space above a parcel of land. Such
rights may be leased or sold separately from the land.
Appurtenance Anything that may be used with the land for its benefit and goes to the
new owner when ownership of the land is transferred. Mineral rights, air
rights, water rights, easements, improvements, and natural attachments
are examples.
Artificial Monuments Man-made objects such as streets, fences, iron pins, concrete posts,
etc.
Associate Broker A person who has met all qualifications to be licensed as a broker, but
who elects to act on behalf of another broker in performing any act
authorized by law to be performed by a broker.
Attorney General Legal counsel for the state. Whenever the Commission believes
a serious violation of the License Law has occurred, the__may
bring an action in the name of the state to enforce compliance.
Baseline Certain reference lines which run east and west; used in rectangular
survey system to locate land.
Bench Mark A permanent reference point of known location used by surveyors. A
______may be a point established by a government survey team or a
fixed monument such as a road right-of-way.
Bill of Sale A document which conveys ownership to personal property.
, Broker An individual or legal entity licensed to act as the agent of another
in buying, selling, exchanging, renting, leasing, managing, or auctioning
real estate for another.
Call The compass direction and distance for each boundary line.
Censure Disciplinary power of the Commission whereby it reprimands a licensee,
usually for technical violations occurring for the first time.
Chattel Personal property.
Closure The metes and bounds legal description must return to the point of
beginning or the description is incomplete.
Co-brokering Participation of more than one broker in a real estate transaction.
Commingling Mixing funds held in trust with the brokers personal or business
accounts.
The Real Estate Commission The state licensing authority charged with the enforcement of the Real
Estate License Law.
Constructive Severance The transfer to someone other than the owner of the land the rights to
remove attachments such as timber, or buildings, or the right to remove
minerals.
Contour The shape of the earths surface.
Correlative Rights The doctrine of law which allows riparian owners in certain states to use
only a reasonable share of water during periods of drought.
Datum A point of surface of known location from which heights and depths are
measured. The basic point from which vertical land(air rights and mineral
rights) is described.
Dual Agency Representing both the buyer and the seller in the same transaction.
This practice constitutes a violation of License Law, unless both parties
give their written consent.
Earnest Money The purchaser's initial commitment of something of value to indicate that
he/she wants to buy the property according to the terms of the offer
being submitted______deposits received by the broker must be placed
in her/her designated trust account, until the transaction is either
closed or otherwise terminated.
Emblements Crops that require annual cultivation. They are considered personal
property even though it is attached to the land.
Escrow Account A separate account which a broker must maintain for the deposit of all
funds coming into his/her possession that belongs to others. Before a
broker's license will be issued, the broker must authorize the
Commission to examine the account at any time.
Executor Person named in a will to carry out the directions and requests of the
deceased.
Questions Verified and Provided with
Complete A+ Graded Answers Latest
Updated 2026
Accession The acquisition of title by the owner of real property to those
things attached to the property by others, such as tenants,
trespassers, or by nature.
Acre A measure of land area equal to 43560 square feet.
43560 The number of squarefeet in one acre.
Active License Status of an individual who has met all qualifications to practice real
estate as a broker, associate broker, or salesperson; and such license is
held by a broker, rather than by the Commission.
Air Lot A designated air space over a parcel of land. In condominiums, each
individual unit occupies a separate one.
Air Rights The right to use and enjoy the air space above a parcel of land. Such
rights may be leased or sold separately from the land.
Appurtenance Anything that may be used with the land for its benefit and goes to the
new owner when ownership of the land is transferred. Mineral rights, air
rights, water rights, easements, improvements, and natural attachments
are examples.
Artificial Monuments Man-made objects such as streets, fences, iron pins, concrete posts,
etc.
Associate Broker A person who has met all qualifications to be licensed as a broker, but
who elects to act on behalf of another broker in performing any act
authorized by law to be performed by a broker.
Attorney General Legal counsel for the state. Whenever the Commission believes
a serious violation of the License Law has occurred, the__may
bring an action in the name of the state to enforce compliance.
Baseline Certain reference lines which run east and west; used in rectangular
survey system to locate land.
Bench Mark A permanent reference point of known location used by surveyors. A
______may be a point established by a government survey team or a
fixed monument such as a road right-of-way.
Bill of Sale A document which conveys ownership to personal property.
, Broker An individual or legal entity licensed to act as the agent of another
in buying, selling, exchanging, renting, leasing, managing, or auctioning
real estate for another.
Call The compass direction and distance for each boundary line.
Censure Disciplinary power of the Commission whereby it reprimands a licensee,
usually for technical violations occurring for the first time.
Chattel Personal property.
Closure The metes and bounds legal description must return to the point of
beginning or the description is incomplete.
Co-brokering Participation of more than one broker in a real estate transaction.
Commingling Mixing funds held in trust with the brokers personal or business
accounts.
The Real Estate Commission The state licensing authority charged with the enforcement of the Real
Estate License Law.
Constructive Severance The transfer to someone other than the owner of the land the rights to
remove attachments such as timber, or buildings, or the right to remove
minerals.
Contour The shape of the earths surface.
Correlative Rights The doctrine of law which allows riparian owners in certain states to use
only a reasonable share of water during periods of drought.
Datum A point of surface of known location from which heights and depths are
measured. The basic point from which vertical land(air rights and mineral
rights) is described.
Dual Agency Representing both the buyer and the seller in the same transaction.
This practice constitutes a violation of License Law, unless both parties
give their written consent.
Earnest Money The purchaser's initial commitment of something of value to indicate that
he/she wants to buy the property according to the terms of the offer
being submitted______deposits received by the broker must be placed
in her/her designated trust account, until the transaction is either
closed or otherwise terminated.
Emblements Crops that require annual cultivation. They are considered personal
property even though it is attached to the land.
Escrow Account A separate account which a broker must maintain for the deposit of all
funds coming into his/her possession that belongs to others. Before a
broker's license will be issued, the broker must authorize the
Commission to examine the account at any time.
Executor Person named in a will to carry out the directions and requests of the
deceased.
