GA Real Estate Exam / Actual Exam Questions &
Complete Answers / Newest 2025.
What agency is charged with ensuring the balance of the Real Estate Education,
Research, and Recovery Fund is maintained at 1million or higher? -
...(ANSWERS)....GREC
What occurs after an investigation if the Georgia attorney general finds reason for
disciplinary action? - ...(ANSWERS)....Notification that the licensee is to appear at
a hearing
GAFLA targets predatory lending by prohibiting which of the following? -
...(ANSWERS)....Excessive late fees and financing of credit insurance.
What's the reason for using employee and independent contractor agreements? -
...(ANSWERS)....To define the terms of the broker and workers professional
relationship
What makes a binder a valid contract? - ...(ANSWERS)....It's in writing, signed by
all parties, and communicated to the offeror.
Robert, the qualifying broker of a firm, was convicted of fraud and embezzlement.
What will happen to the brokerage as a result? - ...(ANSWERS)....The commission
will revoke the firm's license.
What is a binder? - ...(ANSWERS)....A written outline of the sales transaction
,Thomas receives his Georgia real estate tax bill on January 15. What is the period
of time covered by this tax bill? - ...(ANSWERS)....The current year from January 1
through December 31
Sarah signed an Exclusive Buyer Brokerage Engagement Agreement with Macon
licensee Tony. She finds and ends up buying a single family house sold by property
owner Damien, who has stated from the beginning that he won't work with
agents or pay agent commissions. How will Tony be compensated? -
...(ANSWERS)....Sarah is responsible for paying Tony's commission.
In Georgia, which of the following closing costs is usually paid by the seller? -
...(ANSWERS)....Transfer tax
In Georgia, deception, fraudulent behavior, or any other unethical behavior used
as a means to obtain business is known as ______. - ...(ANSWERS)....Unfair trade
practice
Barb is a qualifying broker in Georgia. She must ensure that all contracts prepared
by her licensees are reviewed ______. - ...(ANSWERS)....Within 30 days
A county may not charge brokers a fixed tax unless they maintain a ______ in the
county. - ...(ANSWERS)....Physical office
It protects new owners from former sellers claiming they still own the property -
...(ANSWERS)....Why is the recording of a deed so vital?
, Not having a high school diploma or GED - ...(ANSWERS)....Which of the following
would disqualify an individual from applying for a broker's license in Georgia?
One Year - ...(ANSWERS)....All fair housing complaints must be filed with the Fair
Housing Division within ______ of the alleged violation.
nsurance providers - ...(ANSWERS)....Which service providers are exempt from
GAFLA provisions?
It essentially mirrors the federal Fair Housing Act. - ...(ANSWERS)....Which of the
following is true about the Georgia Fair Housing Law?
Comes to an agreement in writing with the broker - ...(ANSWERS)....Exclusive
agency relationships in Georgia can terminate if the buyer ______.
The lender and the borrower - ...(ANSWERS)....There are two parties to the
Georgia security deed. Who are they?
An exception to the real estate licensing requirement - ...(ANSWERS)....In
Georgia, a person performing real estate activities under the judgment or order of
a court, such as a trustee in a bankruptcy, is ______.
Complete Answers / Newest 2025.
What agency is charged with ensuring the balance of the Real Estate Education,
Research, and Recovery Fund is maintained at 1million or higher? -
...(ANSWERS)....GREC
What occurs after an investigation if the Georgia attorney general finds reason for
disciplinary action? - ...(ANSWERS)....Notification that the licensee is to appear at
a hearing
GAFLA targets predatory lending by prohibiting which of the following? -
...(ANSWERS)....Excessive late fees and financing of credit insurance.
What's the reason for using employee and independent contractor agreements? -
...(ANSWERS)....To define the terms of the broker and workers professional
relationship
What makes a binder a valid contract? - ...(ANSWERS)....It's in writing, signed by
all parties, and communicated to the offeror.
Robert, the qualifying broker of a firm, was convicted of fraud and embezzlement.
What will happen to the brokerage as a result? - ...(ANSWERS)....The commission
will revoke the firm's license.
What is a binder? - ...(ANSWERS)....A written outline of the sales transaction
,Thomas receives his Georgia real estate tax bill on January 15. What is the period
of time covered by this tax bill? - ...(ANSWERS)....The current year from January 1
through December 31
Sarah signed an Exclusive Buyer Brokerage Engagement Agreement with Macon
licensee Tony. She finds and ends up buying a single family house sold by property
owner Damien, who has stated from the beginning that he won't work with
agents or pay agent commissions. How will Tony be compensated? -
...(ANSWERS)....Sarah is responsible for paying Tony's commission.
In Georgia, which of the following closing costs is usually paid by the seller? -
...(ANSWERS)....Transfer tax
In Georgia, deception, fraudulent behavior, or any other unethical behavior used
as a means to obtain business is known as ______. - ...(ANSWERS)....Unfair trade
practice
Barb is a qualifying broker in Georgia. She must ensure that all contracts prepared
by her licensees are reviewed ______. - ...(ANSWERS)....Within 30 days
A county may not charge brokers a fixed tax unless they maintain a ______ in the
county. - ...(ANSWERS)....Physical office
It protects new owners from former sellers claiming they still own the property -
...(ANSWERS)....Why is the recording of a deed so vital?
, Not having a high school diploma or GED - ...(ANSWERS)....Which of the following
would disqualify an individual from applying for a broker's license in Georgia?
One Year - ...(ANSWERS)....All fair housing complaints must be filed with the Fair
Housing Division within ______ of the alleged violation.
nsurance providers - ...(ANSWERS)....Which service providers are exempt from
GAFLA provisions?
It essentially mirrors the federal Fair Housing Act. - ...(ANSWERS)....Which of the
following is true about the Georgia Fair Housing Law?
Comes to an agreement in writing with the broker - ...(ANSWERS)....Exclusive
agency relationships in Georgia can terminate if the buyer ______.
The lender and the borrower - ...(ANSWERS)....There are two parties to the
Georgia security deed. Who are they?
An exception to the real estate licensing requirement - ...(ANSWERS)....In
Georgia, a person performing real estate activities under the judgment or order of
a court, such as a trustee in a bankruptcy, is ______.
