GA REAL Estate STUDY GUIDE State
Questions and answers 2024
The seller may tell the salesperson that he or she wants to end the listing
agreement before the agreed upon expiration date because the company is not
transferring them after all. Can the salesperson release the principal from the
listing agreement?
A. yes, as long as any incurred expenses are paid by the seller
B. no, the listing agreement cannot be terminated prior to expiration
C. no, only the broker can release them from the contract
D. yes, the salesperson is acting for the broker - correct answer ✅C. no, only the
broker can release them from the contract
In Georgia, a metes and bounds description is most commonly used when:
A. the property is in a subdivision
B. the property is east of the Mississippi River
C. there is no recorded plat map
D. there is no point of beginning - correct answer ✅C. there is no recorded plat
map
,GA REAL Estate STUDY GUIDE State
Questions and answers 2024
In negotiating listings for their firm a salesperson wanted to know if she had the
authority to sign for her broker on the listing agreement. Where would the
salesperson look to find the answer to this question?
A. The Rules and Regulations
B. In the Salesperson's Course Study Guide
C. In the written agreement with their broker
D. On their real estate license - correct answer ✅C. In the written agreement
Under the Georgia real estate law, when a mobile home is affixed to land it is
considered:
A. real estate
B. personal property
C. an easement
D. a leasehold estate - correct answer ✅A. real estate
A licensee convicted of a criminal action shall report the conviction to the
Commission, in writing within:
,GA REAL Estate STUDY GUIDE State
Questions and answers 2024
A. 10 days of the conviction.
B. 30 days of the conviction.
C. 10 days of renewal of license.
D. 30 days of renewal of license. - correct answer ✅A. 10 days of the conviction
In a listing agreement a real estate agent who is placed in a position of special
trust and confidence is:
A. the client in the transaction
B. the customer
C. the fiduciary of the seller
D. the principal in the transaction - correct answer ✅C. the fiduciary of the seller
A real estate firm opens a sales office to market new condominium units. Federal
Fair Housing Act requires the real estate firm to:
A. display the firm's real estate license
B. display a plat map of the development
, GA REAL Estate STUDY GUIDE State
Questions and answers 2024
C. display the HUD Fair Housing Poster
D. display the public offering statement - correct answer ✅C. display the HUD Fair
Housing Poster
In Georgia, which of the following forms of ownership must be created by written
intent of the parties and cannot be created by operation of law?
A. Tenancy in common
B. Joint tenancy with rights of survivorship
C. Tenancy by the entirety
D. Community property - correct answer ✅B. Joint tenancy with rights of
survivorship
When writing an offer to purchase, the licensee does not have a sufficient legal
description and substitutes the phrase "Legal Description to be Attached." Is that
action acceptable?
A. yes, as long as an adequate description is attached later
B. yes, a legal description is not required in a contract
Questions and answers 2024
The seller may tell the salesperson that he or she wants to end the listing
agreement before the agreed upon expiration date because the company is not
transferring them after all. Can the salesperson release the principal from the
listing agreement?
A. yes, as long as any incurred expenses are paid by the seller
B. no, the listing agreement cannot be terminated prior to expiration
C. no, only the broker can release them from the contract
D. yes, the salesperson is acting for the broker - correct answer ✅C. no, only the
broker can release them from the contract
In Georgia, a metes and bounds description is most commonly used when:
A. the property is in a subdivision
B. the property is east of the Mississippi River
C. there is no recorded plat map
D. there is no point of beginning - correct answer ✅C. there is no recorded plat
map
,GA REAL Estate STUDY GUIDE State
Questions and answers 2024
In negotiating listings for their firm a salesperson wanted to know if she had the
authority to sign for her broker on the listing agreement. Where would the
salesperson look to find the answer to this question?
A. The Rules and Regulations
B. In the Salesperson's Course Study Guide
C. In the written agreement with their broker
D. On their real estate license - correct answer ✅C. In the written agreement
Under the Georgia real estate law, when a mobile home is affixed to land it is
considered:
A. real estate
B. personal property
C. an easement
D. a leasehold estate - correct answer ✅A. real estate
A licensee convicted of a criminal action shall report the conviction to the
Commission, in writing within:
,GA REAL Estate STUDY GUIDE State
Questions and answers 2024
A. 10 days of the conviction.
B. 30 days of the conviction.
C. 10 days of renewal of license.
D. 30 days of renewal of license. - correct answer ✅A. 10 days of the conviction
In a listing agreement a real estate agent who is placed in a position of special
trust and confidence is:
A. the client in the transaction
B. the customer
C. the fiduciary of the seller
D. the principal in the transaction - correct answer ✅C. the fiduciary of the seller
A real estate firm opens a sales office to market new condominium units. Federal
Fair Housing Act requires the real estate firm to:
A. display the firm's real estate license
B. display a plat map of the development
, GA REAL Estate STUDY GUIDE State
Questions and answers 2024
C. display the HUD Fair Housing Poster
D. display the public offering statement - correct answer ✅C. display the HUD Fair
Housing Poster
In Georgia, which of the following forms of ownership must be created by written
intent of the parties and cannot be created by operation of law?
A. Tenancy in common
B. Joint tenancy with rights of survivorship
C. Tenancy by the entirety
D. Community property - correct answer ✅B. Joint tenancy with rights of
survivorship
When writing an offer to purchase, the licensee does not have a sufficient legal
description and substitutes the phrase "Legal Description to be Attached." Is that
action acceptable?
A. yes, as long as an adequate description is attached later
B. yes, a legal description is not required in a contract
