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Exam (elaborations)

POST LICENSE EXAM QUESTIONS & ANSWERS

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POST LICENSE EXAM QUESTIONS & ANSWERS

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POST LICENSE EXAM QUESTIONS & ANSWERS

An individual who performs real estate services is considered a broker if - Answers :the
services are performed for another and for a valuable consideration.

A person who collects rents is considered a broker if - Answers :the person receives a
fee or commission for doing so.

Which of the following duties is one that a broker might perform in his activities as a
broker? - Answers :Buy or offer to buy real estate

If a Commission member becomes unable to perform the required duties, - Answers
:the Governor will appoint a replacement.

How often does the Real Estate Commission meet? - Answers :At least once a month.

In the case of a revocation, the person is not allowed to apply for a new license for a
minimum of: - Answers :10 years

Which of the following statements is TRUE concerning affiliation of a Georgia broker
with an out of state licensee? - Answers :The licensee may sell Georgia real estate only
on behalf of the Georgia broker.

Failure to complete the required post-license course results in - Answers :Lapsed
License

Under which of the following conditions may a Georgia broker share a real estate
commission with an out-of- state broker? - Answers :The out-of-state broker is acting
only as a referral
agent

Ted receives his Georgia real estate license on May 1. What is his deadline for
completing the required post-license course and submitting proof to the Commission? -
Answers :April 30 of the following year

To hold a Georgia license, a nonresident who is licensed in his or her state of residence
must - Answers :agree to abide by all laws, rules and regulations governing brokerage
activity in Georgia.

In the event that a salesperson does not complete the Post License course in a
satisfactory and timely manner, his license will: - Answers :Lapse

All of the following activities are exempt from the license requirement EXCEPT -
Answers :performing ministerial acts as a broker's property management employee
when the acts are not explicitly authorized in writing.

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