Georgia Real Estate ACTUAL PRACTICE EXAM
COMPLETE ACCURATE REAL EXAM 2026 QUESTIONS
WITH WELL ELABORATED ANSWERS AND
RATIONALES (100% CORRECT VERIFIED
SOLUTIONS) GUARANTEED PASS A+|BRAND NEW!
2026-2027
A real estate professional who performs a visual survey of a property's
structure and prepares a report for a purchaser or an owner is a(n)
home inspector
A licensee who helps clients choose among the various alternatives
involved in purchasing, using, or investing in property is a
real estate counselor
The Counselors of Real Estate (CRE), Commercial Investment Real
Estate Institute (CIREI), and Institute of Real Estate Management (IREM)
are affiliated institutes of
NAR
The scope of the property manager's work depends on the terms of
the individual employment contract, which is known as
management agreement
,Many trade organizations serve the real estate business. The largest is
the
National Association of REALTORS® (NAR).
Residential real estate includes
property used for single-family or multifamily dwellings, whether in
urban, suburban, or rural areas.
All of the following affect how quickly the forces of supply and demand
work EXCEPT
degree of standardization of the product's price
The NAR is composed of
state, regional, and local associations.
,A licensee is a person who has satisfied the requirements of the
employing broker.
False
Improvements such as water lines and storm sewers made on public
lands to serve a new development are called off-site improvements.
true
Many trade organizations serve the real estate business. The largest is
the National Association of REALTORS® (NAR).
True
The Institute of Real Estate Management (IREM) is affiliated with the
National Association of Real Estate Brokers (NAREB).
False
Shopping centers, stores, theaters, hotels, and parking facilities are
examples of special-purpose properties.
False
Because it is possible for a single real estate firm or an individual real
estate professional to perform all the services and handle all classes of
property, few firms and professionals specialize in any one type.
False
, The Federal Reserve Board (the Fed) establishes a discount rate of
interest for the money it lends to commercial banks.
True
Two characteristics of real estate govern the way the market reacts to
the pressures of supply and demand: uniqueness and immobility.
True
Which of the following is a physical characteristic of land?
indestructibility
The phrase bundle of legal rights is properly included in
the definition of real property.
All of the following are included in a property owner's bundle of legal
rights EXCEPT
exclude utility meter readers.
COMPLETE ACCURATE REAL EXAM 2026 QUESTIONS
WITH WELL ELABORATED ANSWERS AND
RATIONALES (100% CORRECT VERIFIED
SOLUTIONS) GUARANTEED PASS A+|BRAND NEW!
2026-2027
A real estate professional who performs a visual survey of a property's
structure and prepares a report for a purchaser or an owner is a(n)
home inspector
A licensee who helps clients choose among the various alternatives
involved in purchasing, using, or investing in property is a
real estate counselor
The Counselors of Real Estate (CRE), Commercial Investment Real
Estate Institute (CIREI), and Institute of Real Estate Management (IREM)
are affiliated institutes of
NAR
The scope of the property manager's work depends on the terms of
the individual employment contract, which is known as
management agreement
,Many trade organizations serve the real estate business. The largest is
the
National Association of REALTORS® (NAR).
Residential real estate includes
property used for single-family or multifamily dwellings, whether in
urban, suburban, or rural areas.
All of the following affect how quickly the forces of supply and demand
work EXCEPT
degree of standardization of the product's price
The NAR is composed of
state, regional, and local associations.
,A licensee is a person who has satisfied the requirements of the
employing broker.
False
Improvements such as water lines and storm sewers made on public
lands to serve a new development are called off-site improvements.
true
Many trade organizations serve the real estate business. The largest is
the National Association of REALTORS® (NAR).
True
The Institute of Real Estate Management (IREM) is affiliated with the
National Association of Real Estate Brokers (NAREB).
False
Shopping centers, stores, theaters, hotels, and parking facilities are
examples of special-purpose properties.
False
Because it is possible for a single real estate firm or an individual real
estate professional to perform all the services and handle all classes of
property, few firms and professionals specialize in any one type.
False
, The Federal Reserve Board (the Fed) establishes a discount rate of
interest for the money it lends to commercial banks.
True
Two characteristics of real estate govern the way the market reacts to
the pressures of supply and demand: uniqueness and immobility.
True
Which of the following is a physical characteristic of land?
indestructibility
The phrase bundle of legal rights is properly included in
the definition of real property.
All of the following are included in a property owner's bundle of legal
rights EXCEPT
exclude utility meter readers.
