GEORGIA REAL ESTATE EXAM STUDY GUIDE|ACTUAL EXAM QUESTIONS AND 1005 CORRECT ANSWERS|LATEST 2025/2026|GRADED A+|VERIFIED

GEORGIA REAL ESTATE EXAM STUDY
GUIDE|ACTUAL EXAM QUESTIONS AND 1005
CORRECT ANSWERS|LATEST 2025/2026|GRADED
A+|VERIFIED

Accession - B



BANSWER The acquisition of title by the owner of real property to those things attached
B B B B B B B B B B B B B B



to the property by others, such as tenants, trespassers, or by nature.
B B B B B B B B B B B




Acre - ANSWER B B A measure of land area equal to 43560 square feet.
B B B B B B B B B




43560 - ANSWER B B The number of squarefeet in one acre.
B B B B B B




Active License - B B



ANSWER
B Status of an individual who has met all qualifications to practice real estate as
B B B B B B B B B B B B B B



a broker, associate broker, or salesperson; and such license is held by a broker, rather than by t
B B B B B B B B B B B B B B B B B



he Commission.
B




Air Lot - B B



BANSWER A designated air space over a parcel of land. In condominiums, each individua
B B B B B B B B B B B B



l unit occupies a separate one.
B B B B B




Air Rights - B B



ANSWER
B The right to use and enjoy the air space above a parcel of land. Such rights ma
B B B B B B B B B B B B B B B B



y be leased or sold separately from the land.
B B B B B B B B




Appurtenance - B



ANSWER
B Anything that may be used with the land for its benefit and goes to the new o
B B B B B B B B B B B B B B B B



wner when ownership of the land is transferred. Mineral rights, air rights, water rights, easem
B B B B B B B B B B B B B B



ents, improvements, and natural attachments are examples.
B B B B B B




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,Artificial Monuments - ANSWER Man-
B B B



made objects such as streets, fences, iron pins, concrete posts, etc.
B B B B B B B B B B




Associate Broker - B B



ANSWER
B A person who has met all qualifications to be licensed as a broker, but who ele
B B B B B B B B B B B B B B B



cts to act on behalf of another broker in performing any act authorized by law to be performe
B B B B B B B B B B B B B B B B B



d by a broker.
B B B




Attorney General - B B



ANSWER
B Legal counsel for the state. Whenever the Commission believes a serious viol B B B B B B B B B B B



ation of the License Law has occurred, the ____________ may bring an action in the name of t
B B B B B B B B B B B B B B B B B



he state to enforce compliance.
B B B B




Baseline - B



ANSWER
B Certain reference lines which run east and west; used in rectangular survey sy B B B B B B B B B B B B



stem to locate land.B B B




Bench Mark - B B



ANSWER
B A permanent reference point of known location used by surveyors. A _______
B B B B B B B B B B B



_ may be a point established by a government survey team or a fixed monument such as a roa
B B B B B B B B B B B B B B B B B B



d right-of-way.
B




Bill of Sale - ANSWER
B B B B A document which conveys ownership to personal property.
B B B B B B B




Broker - B



ANSWER
B An individual or legal entity licensed to act as the agent of another in buying, s
B B B B B B B B B B B B B B B



elling, exchanging, renting, leasing, managing, or auctioning real estate for another.
B B B B B B B B B B




Call - ANSWER B B The compass direction and distance for each boundary line.
B B B B B B B B




Censure - B



BANSWER Disciplinary power of the Commission whereby it reprimands a licensee, usua B B B B B B B B B B



lly for technical violations occurring for the first time.
B B B B B B B B




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,Chattel - ANSWER B B Personal property. B




Closure - B



B ANSWER The metes and bounds legal description must return to the point of beginning
B B B B B B B B B B B B



B or the description is incomplete.
B B B B




Co-brokering - B



B ANSWER Participation of more than one broker in a real estate transaction.
B B B B B B B B B B




Commingling - B



B ANSWER Mixing funds held in trust with the brokers personal or business accounts.
B B B B B B B B B B B




The Real Estate Commission -
B B B B



ANSWER
B The state licensing authority charged with the enforcement of the Real Estate
B B B B B B B B B B B B



License Law. B




Constructive Severance - B B



ANSWER
B The transfer to someone other than the owner of the land the rights to remov
B B B B B B B B B B B B B B



e attachments such as timber, or buildings, or the right to remove minerals.
B B B B B B B B B B B B




Contour - ANSWER B B The shape of the earths surface.
B B B B B




Correlative Rights - B B



ANSWER
B The doctrine of law which allows riparian owners in certain states to use only
B B B B B B B B B B B B B B



a reasonable share of water during periods of drought.
B B B B B B B B




Datum - B



ANSWER
B A point of surface of known location from which heights and depths are meas
B B B B B B B B B B B B B



ured. The basic point from which vertical land(air rights and mineral rights) is described.
B B B B B B B B B B B B B




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, Dual Agency - B B



BANSWER Representing both the buyer and the seller in the same transaction. This pract B B B B B B B B B B B B



ice constitutes a violation of License Law, unless both parties give their written consent.
B B B B B B B B B B B B B




Earnest Money - B B



ANSWER
B The purchaser's initial commitment of something of value to indicate that he/
B B B B B B B B B B B



she wants to buy the property according to the terms of the offer being submitted. _______ d
B B B B B B B B B B B B B B B B



eposits received by the broker must be placed in her/her designated trust account, until the tr
B B B B B B B B B B B B B B B



ansaction is either closed or otherwise terminated.
B B B B B B




Emblements - B



ANSWER
B Crops that require annual cultivation. They are considered personal propertyB B B B B B B B B B



even though it is attached to the land.
B B B B B B B




Escrow Account - B B



ANSWER
B A separate account which a broker must maintain for the deposit of all funds c
B B B B B B B B B B B B B B



oming into his/her possession that belongs to others. Before a broker's license will be issued, t
B B B B B B B B B B B B B B B



he broker must authorize the Commission to examine the account at any time.
B B B B B B B B B B B B




Executor - B



ANSWER
B Person named in a will to carry out the directions and requests of the decease
B B B B B B B B B B B B B B



d.



Fixture - B



ANSWER
B An item that was once personal property but has become real property becau
B B B B B B B B B B B B



se of the manner in which it was attached to the land or its improvements.
B B B B B B B B B B B B B B




Fructus Industriales - ANSWERB B B Crops that are planted and harvested each year.
B B B B B B B




Fructus Naturales - ANSWER B B B Growing things which require no annual cultivation.
B B B B B B




Georgia Administrative Procedures Act -
B B B B



B ANSWER A state law which requires administrative bodies such as the Georgia Real Esta
B B B B B B B B B B B B




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