College EXAM 2025/2026 ACTUAL COMPLETE REAL EXAM
QUESTIONS WITH CORRECT ANSWERS (EXPERT VERIFIED
SOLUTIONS ) GRADED A+ /2025 BRAND NEW!!
Which loan will give a borrower the lowest monthly payment?
A. 10% interest, 20 year
term
B. 10% interest, 25 year
term
C. 11% interest, 20 year
term
D. 11% interest, 25 year term - ANSWER-B. 10% interest,
25 year term
Which of the following is NOT true of the Real Estate
Commission Members?
A. five must hold an active real estate license
B. one must not hold an active license but can hold an inactive
license
,C. five must have been residents of Georgia for at least 5 years
D. the Commissioner is not the sixth member of the
commission - ANSWER-B.
one must not hold an active license but can hold an
inactive license
Which of the following statements may a licensee properly
make?
A. "I think a Cuban just moved into the neighborhood"
B. "when the zoning changes to commercial, it will double in
value"
C. "according to the developer, the property will double in value
within the next
10 years"
D. "all indications are that the property will double within the
next ten years" - ANSWER-C. "according to the developer, the
property will double in value within the next 10 years"
A broker advertises that if you will list with him and he cannot
sell the property,
he will buy it from you. Is
this legal?
A. never, this is an inducement and is illegal
,B. never, this is an unfair practice and a misdemeanor
C. ok, if the two parties agree to a sales price and terms when
the property sells D. ok, if the two parties agree to a sales
price and terms prior to the listing being signed - ANSWER-
D. ok, if the two parties agree to a sales price and terms prior
to the listing being signed
A tenant had a one year lease which expired. The tenant stayed
in the home past the expiration and continued to pay the rent in
which the landlord accepted. This type of lease would be
called:
A. an estate for
years
B. a periodic
tenancy
C. a tenancy at
sufferance
D. an easement by prescription - ANSWER-B. a
periodic tenancy
A lien was placed on a property for electrical equipment for
$4,500. There already existed a special assessment lien for
$1,000, a mortgage lien for $40,000, and an IRS lien for $20,000.
, The home was foreclosed on and sold. Which lien would take
priority?
A. the IRS lien. The government always comes first
B. the mortgage lien. It is for the most amount of money
C. the special assessment lien. The government always comes
first
D. the mechanic's lien. It must be paid before the home can be
sold - ANSWERC. the special assessment lien. The
government always comes first
Jane, a licensee, refuses to return the $1,000 security deposit
back to her renter
within 30 days of the termination of the lease. Which of the
following is most
likely to
happen?
A. Jane could lose her license
B. Jane could be forced to pay a $5,000 fine to the GREC
C. Jane could be forced to pay the renter and the commission a
fine of $5,000 each
D. Jane could be forced to pay the renter $3,000 and be
disciplined by the GREC - ANSWER-D. Jane could be forced
to pay the renter $3,000 and be disciplined by the GREC