EXAM 2026 FULL PRACTICE TEST WITH
DETAILED SOLUTIONS
◉ In Georgia, an inactive license is valid
A) for a period of 4 years
B) for 2 years provided the continuing education requirement has
been met
C) indefinitely, provided renewal fees are met
D) a maximum of 10 years. Answer: C) indefinitely, provided renewal
fees are met
◉ Except those licensees actively licensed on or before January 1,
1980, effective July 1, 2015, each applicant for the renewal of an
active real estate license must furnish the Commission before
renewing a license evidence of satisfactorily completing a course or
courses approved by the Commission. The length of course or
courses taken to meet this requirement must total at least:
A) 12 hours
B) 18 hours
C) 24 hours
,D) 36 hours. Answer: D) 36 hours
◉ During each renewal period a real estate licensee shall
satisfactorily complete a continuing education course of at least:
A) 3 hours on the topic of agency
B) 3 hours on the topic of license law
C) 6 hours on the topic of ethics
D) 6 hours on the topic of fair housing. Answer: B) 3 hours on the
topic of license law
◉ A broker is paid commission at closing by the principal and
refuses to pay the salesperson their portion of the commission as
agreed upon in their written affiliation agreement. If the salesperson
licensee does not believe that the broker is meeting the terms of the
agreement his or her recourse is to:
A) file a complaint with the Georgia Real Estate Commission to
collect the agreed upon fee.
B) file an action with the Education Research and Recovery fund
C) go to the courts or other arbitrating bodies
D) file suit against the principal for the portion of the commission
due the salesperson. Answer: C) go to the courts or other arbitrating
bodies
,◉ A builder gives a real estate broker verbal permission to find
buyers for his new homes. Can the broker advertise the properties?
A) Yes, only the consent of the owner is required
B) Yes, provided the builder's trade name is included in the
advertisement.
C) No, the broker must have written permission of the owner and
said permission has a definite date of expiration.
D) No, new home sales can only be advertised by the builder..
Answer: C) No, the broker must have written permission of the
owner and said permission has a definite date of expiration.
◉ A $25.00 fee shall be charged to a licensee (active or inactive) for
failure to notify the Commission, in writing, a change of address
within:
A) 7 days
B) 10 days
C) 30 days
D) 60 days. Answer: C) 30 days
◉ Can a broker deposit earnest money and security deposits into an
interest bearing trust account?
, A) no, the law requires that it be deposited into a non-interest
bearing account
B) No, earnest money must be held by the seller or builder
C) Yes, providing the broker notifies the Georgia Real Estate
Commission of the location and name of the account
D) Yes, providing all parties to each transaction specifically agree in
writing who is to receive any interest earned prior to depositing the
funds. Answer: D) Yes, providing all parties to each transaction
specifically agree in writing who is to receive any interest earned
prior to depositing the funds
◉ Every licensee shall notify the Commission, in writing, of the final
deposition of any administrative and/or criminal action filed in any
court of competent jurisdiction. Such notice shall be given to the
Commission:
A) within 45 days of the conclusion of the proceeding
B) within 10 days of the conclusion of the proceeding
C) within 30 days of the conclusion of the proceeding.
D) upon request. Answer: B) within 10 days of the conclusion of the
proceeding
◉ Which of the following statements is NOT true?