GEORGIA REAL ESTATE EXAM (2025-
2026)|BRAND NEW EXAM QUESTIONS
WITH 100% CORRECT ANSWERS, ALL
GRADED A+,LATEST EXPERT PREMIUM
UPDATE(2025-2026)|>100%
GUARANTEED SUCCESS.
Industrial real estate includes - ANSWER✅✅ warehouses, factories, land in
industrial districts, and power plants.
Mixed-use real estate is property that allows for - ANSWER✅✅ two uses,
commercial and residential, in the same building.
Schools are considered part of which real estate classification? - ANSWER✅✅
Special purpose
All of the following would affect demand EXCEPT - ANSWER✅✅ fiscal policy
A real estate professional who performs a visual survey of a property's structure and
prepares a report for a purchaser or an owner is a(n) - ANSWER✅✅ home inspector
A licensee who helps clients choose among the various alternatives involved in
purchasing, using, or investing in property is a - ANSWER✅✅ real estate counselor
The Counselors of Real Estate (CRE), Commercial Investment Real Estate Institute
(CIREI), and Institute of Real Estate Management (IREM) are affiliated institutes of -
ANSWER✅✅ NAR
,The scope of the property manager's work depends on the terms of the individual
employment contract, which is known as - ANSWER✅✅ management agreement
Many trade organizations serve the real estate business. The largest is the -
ANSWER✅✅ National Association of REALTORS® (NAR).
Residential real estate includes - ANSWER✅✅ property used for single-family or
multifamily dwellings, whether in urban, suburban, or rural areas.
All of the following affect how quickly the forces of supply and demand work
EXCEPT - ANSWER✅✅ degree of standardization of the product's price
The NAR is composed of - ANSWER✅✅ state, regional, and local associations.
A licensee is a person who has satisfied the requirements of the employing broker. -
ANSWER✅✅ False
Improvements such as water lines and storm sewers made on public lands to serve a
new development are called off-site improvements. - ANSWER✅✅ true
Many trade organizations serve the real estate business. The largest is the National
Association of REALTORS® (NAR). - ANSWER✅✅ True
The Institute of Real Estate Management (IREM) is affiliated with the National
Association of Real Estate Brokers (NAREB). - ANSWER✅✅ False
Shopping centers, stores, theaters, hotels, and parking facilities are examples of
special-purpose properties. - ANSWER✅✅ False
Because it is possible for a single real estate firm or an individual real estate
professional to perform all the services and handle all classes of property, few firms
and professionals specialize in any one type. - ANSWER✅✅ False
The Federal Reserve Board (the Fed) establishes a discount rate of interest for the
money it lends to commercial banks. - ANSWER✅✅ True
Two characteristics of real estate govern the way the market reacts to the pressures
of supply and demand: uniqueness and immobility. - ANSWER✅✅ True
Which of the following is a physical characteristic of land? - ANSWER✅✅
indestructibility
The phrase bundle of legal rights is properly included in - ANSWER✅✅ the
definition of real property.
, All of the following are included in a property owner's bundle of legal rights EXCEPT
- ANSWER✅✅ exclude utility meter readers.
Method of annexation, adaptation to real estate, and agreement between the
parties are the legal tests for determining whether an item is - ANSWER✅✅ a
fixture or personal property.
A woman rents space in a commercial building and installs large tables fastened to
the walls and shelves to the floor. These items - ANSWER✅✅ are trade fixtures and
may properly be removed.
Dry land accounts for only about - ANSWER✅✅ one-quarter of the earth.
In addition to state licensing laws, other laws that have a significant effect on the
practice of real estate include - ANSWER✅✅ state and local land-use and zoning
laws.
Land is considered to be - ANSWER✅✅ indestructible.
A body of complex laws is involved in - ANSWER✅✅ even the most simple real
estate transaction.
According to law, a trade fixture is usually treated as - ANSWER✅✅ personalty.
The four economic characteristics of land that affect its value as a product in the
marketplace are - ANSWER✅✅ scarcity, improvements, permanence of investment,
and area preference.
All 50 states, the District of Columbia, and all Canadian provinces have passed laws
that require real estate brokers and real estate salespeople to be licensed and -
ANSWER✅✅ differ in some details, such as prelicensing education requirements.
owner has title to property - ANSWER✅✅ right of possession
to sell, will, transfer, or encumber property - ANSWER✅✅ right of disposition
to keep others from entering or using property - ANSWER✅✅ right of exclusion
to control the property within the law - ANSWER✅✅ right to control
to use the property in any legal manner - ANSWER✅✅ right of enjoyment
Traditionally, ownership rights of real property are described as a barrel of legal
rights. - ANSWER✅✅ false
Real estate is defined as land at, above, and below the earth's surface, plus all things
permanently attached to it, whether natural or artificial. - ANSWER✅✅ true
2026)|BRAND NEW EXAM QUESTIONS
WITH 100% CORRECT ANSWERS, ALL
GRADED A+,LATEST EXPERT PREMIUM
UPDATE(2025-2026)|>100%
GUARANTEED SUCCESS.
Industrial real estate includes - ANSWER✅✅ warehouses, factories, land in
industrial districts, and power plants.
Mixed-use real estate is property that allows for - ANSWER✅✅ two uses,
commercial and residential, in the same building.
Schools are considered part of which real estate classification? - ANSWER✅✅
Special purpose
All of the following would affect demand EXCEPT - ANSWER✅✅ fiscal policy
A real estate professional who performs a visual survey of a property's structure and
prepares a report for a purchaser or an owner is a(n) - ANSWER✅✅ home inspector
A licensee who helps clients choose among the various alternatives involved in
purchasing, using, or investing in property is a - ANSWER✅✅ real estate counselor
The Counselors of Real Estate (CRE), Commercial Investment Real Estate Institute
(CIREI), and Institute of Real Estate Management (IREM) are affiliated institutes of -
ANSWER✅✅ NAR
,The scope of the property manager's work depends on the terms of the individual
employment contract, which is known as - ANSWER✅✅ management agreement
Many trade organizations serve the real estate business. The largest is the -
ANSWER✅✅ National Association of REALTORS® (NAR).
Residential real estate includes - ANSWER✅✅ property used for single-family or
multifamily dwellings, whether in urban, suburban, or rural areas.
All of the following affect how quickly the forces of supply and demand work
EXCEPT - ANSWER✅✅ degree of standardization of the product's price
The NAR is composed of - ANSWER✅✅ state, regional, and local associations.
A licensee is a person who has satisfied the requirements of the employing broker. -
ANSWER✅✅ False
Improvements such as water lines and storm sewers made on public lands to serve a
new development are called off-site improvements. - ANSWER✅✅ true
Many trade organizations serve the real estate business. The largest is the National
Association of REALTORS® (NAR). - ANSWER✅✅ True
The Institute of Real Estate Management (IREM) is affiliated with the National
Association of Real Estate Brokers (NAREB). - ANSWER✅✅ False
Shopping centers, stores, theaters, hotels, and parking facilities are examples of
special-purpose properties. - ANSWER✅✅ False
Because it is possible for a single real estate firm or an individual real estate
professional to perform all the services and handle all classes of property, few firms
and professionals specialize in any one type. - ANSWER✅✅ False
The Federal Reserve Board (the Fed) establishes a discount rate of interest for the
money it lends to commercial banks. - ANSWER✅✅ True
Two characteristics of real estate govern the way the market reacts to the pressures
of supply and demand: uniqueness and immobility. - ANSWER✅✅ True
Which of the following is a physical characteristic of land? - ANSWER✅✅
indestructibility
The phrase bundle of legal rights is properly included in - ANSWER✅✅ the
definition of real property.
, All of the following are included in a property owner's bundle of legal rights EXCEPT
- ANSWER✅✅ exclude utility meter readers.
Method of annexation, adaptation to real estate, and agreement between the
parties are the legal tests for determining whether an item is - ANSWER✅✅ a
fixture or personal property.
A woman rents space in a commercial building and installs large tables fastened to
the walls and shelves to the floor. These items - ANSWER✅✅ are trade fixtures and
may properly be removed.
Dry land accounts for only about - ANSWER✅✅ one-quarter of the earth.
In addition to state licensing laws, other laws that have a significant effect on the
practice of real estate include - ANSWER✅✅ state and local land-use and zoning
laws.
Land is considered to be - ANSWER✅✅ indestructible.
A body of complex laws is involved in - ANSWER✅✅ even the most simple real
estate transaction.
According to law, a trade fixture is usually treated as - ANSWER✅✅ personalty.
The four economic characteristics of land that affect its value as a product in the
marketplace are - ANSWER✅✅ scarcity, improvements, permanence of investment,
and area preference.
All 50 states, the District of Columbia, and all Canadian provinces have passed laws
that require real estate brokers and real estate salespeople to be licensed and -
ANSWER✅✅ differ in some details, such as prelicensing education requirements.
owner has title to property - ANSWER✅✅ right of possession
to sell, will, transfer, or encumber property - ANSWER✅✅ right of disposition
to keep others from entering or using property - ANSWER✅✅ right of exclusion
to control the property within the law - ANSWER✅✅ right to control
to use the property in any legal manner - ANSWER✅✅ right of enjoyment
Traditionally, ownership rights of real property are described as a barrel of legal
rights. - ANSWER✅✅ false
Real estate is defined as land at, above, and below the earth's surface, plus all things
permanently attached to it, whether natural or artificial. - ANSWER✅✅ true
