GEORGIA REAL ESTATE EXAM COMPLETE REVIEW
PACK WITH REAL QUESTIONS ALREADY GRADED A
PLUS
◍ How many commission members are there total?. Answer: 6
◍ Who appoints the commission members and confirms them?. Answer:
Appointed by the governor and confirmed by the state senate
◍ How long are commission member terms?. Answer: 5 year terms,
staggered where only one member expires every year
◍ How many of the 6 members must be licensed in real estate? What
are the other requirement?. Answer: 5 members must be licensed in real
estate for at least 5 years, and a Georgia resident for at least 5 years. 1
member must be a "consumer member" with no connection to the real
estate industry
◍ Who can remove a member for incompetence, dishonesty, or failure
to preform duties?. Answer: Governor
◍ How often do the members of the commission select a chair and a
vice chair?. Answer: Every year
,◍ Who is the commissioner and what are his/her duties?. Answer: Full
time employee hired by the commission
Members to run day to day operations, hire staff, and enforce policy, the
commissioner is not a member of the commission. No employee
including the commissioner can hold an active real estate license
◍ The primary purpose of the commission is what?. Answer: Protect the
public from dishonest and incompetent real estate licensees.
◍ What all is the commission empowered by Ga law to do?. Answer:
Develop rules and reg that govern the business life of real estate
licensees
Have rules and regs for issuing real estate licensed, the commission can
deny license for cause
Investigates alleged violation by licenses
Discipline those who have violated law and regs
Establish non refundable fees in which licensees have to pay.
◍ Where are the licensees fees deposited?. Answer: In the state treasury
and are used to fund the operation of the commission. The commission
receives no public money for its operation. Fees include but are not
limited to, exams, activation, renewal, and penalty
◍ What are the ways the commission can discipline?. Answer: Refusal
to grant or renew a license
, Reprimand or censure for minor violations(bypass formal hearing)
Require additional education course study
When trust accounts are required the commission can get a trust account
report from an independent accountant
A fine not to exceed $1000 for each violation, with fines for multiple
violations limited to 5000 on any one disciple violations
Suspend a license for a specific period of time, or indefinite
Revoke license( person may apply for a new license in 10 years) 10
years from convection or release from prison, whatever is the latter.
Revoke the license of a broker and simultaneously issue a salesperson
license
Limit of restrict any license or approval as the commission feels
necessary for the protection or the public
◍ The commission does not solve disputed between licensees. Answer:
The commission does not solve disputed between licensees
◍ What all is public info about a licensees?. Answer: Licensees name,
license number, and discipline information are a matter of public info
and can be found on the commission website
◍ Who is required to have a license?. Answer: Any person who
preforms acts of brokerage for another for compensation, is required to
hold an active real estate license
PACK WITH REAL QUESTIONS ALREADY GRADED A
PLUS
◍ How many commission members are there total?. Answer: 6
◍ Who appoints the commission members and confirms them?. Answer:
Appointed by the governor and confirmed by the state senate
◍ How long are commission member terms?. Answer: 5 year terms,
staggered where only one member expires every year
◍ How many of the 6 members must be licensed in real estate? What
are the other requirement?. Answer: 5 members must be licensed in real
estate for at least 5 years, and a Georgia resident for at least 5 years. 1
member must be a "consumer member" with no connection to the real
estate industry
◍ Who can remove a member for incompetence, dishonesty, or failure
to preform duties?. Answer: Governor
◍ How often do the members of the commission select a chair and a
vice chair?. Answer: Every year
,◍ Who is the commissioner and what are his/her duties?. Answer: Full
time employee hired by the commission
Members to run day to day operations, hire staff, and enforce policy, the
commissioner is not a member of the commission. No employee
including the commissioner can hold an active real estate license
◍ The primary purpose of the commission is what?. Answer: Protect the
public from dishonest and incompetent real estate licensees.
◍ What all is the commission empowered by Ga law to do?. Answer:
Develop rules and reg that govern the business life of real estate
licensees
Have rules and regs for issuing real estate licensed, the commission can
deny license for cause
Investigates alleged violation by licenses
Discipline those who have violated law and regs
Establish non refundable fees in which licensees have to pay.
◍ Where are the licensees fees deposited?. Answer: In the state treasury
and are used to fund the operation of the commission. The commission
receives no public money for its operation. Fees include but are not
limited to, exams, activation, renewal, and penalty
◍ What are the ways the commission can discipline?. Answer: Refusal
to grant or renew a license
, Reprimand or censure for minor violations(bypass formal hearing)
Require additional education course study
When trust accounts are required the commission can get a trust account
report from an independent accountant
A fine not to exceed $1000 for each violation, with fines for multiple
violations limited to 5000 on any one disciple violations
Suspend a license for a specific period of time, or indefinite
Revoke license( person may apply for a new license in 10 years) 10
years from convection or release from prison, whatever is the latter.
Revoke the license of a broker and simultaneously issue a salesperson
license
Limit of restrict any license or approval as the commission feels
necessary for the protection or the public
◍ The commission does not solve disputed between licensees. Answer:
The commission does not solve disputed between licensees
◍ What all is public info about a licensees?. Answer: Licensees name,
license number, and discipline information are a matter of public info
and can be found on the commission website
◍ Who is required to have a license?. Answer: Any person who
preforms acts of brokerage for another for compensation, is required to
hold an active real estate license
