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Exam (elaborations)

GA Real Estate Exam Questions and Answers Latest 2026

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GA Real Estate Exam Questions and Answers Latest 2026

Institution
GA Real Estate
Course
GA Real Estate











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Institution
GA Real Estate
Course
GA Real Estate

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Uploaded on
January 5, 2026
Number of pages
139
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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GA Real Estate Exam Questions and
Answers Latest 2026
In license law, a person is defined as?

a) a designated licensee within a brokerage company.

b) only a single individual.

c) either a licensed individual or business.

d) either an individual or firm. Ans: D

Charging advance brokerage fees is..

a) prohibited by the Commission.

b) a duty of a broker.

c) allowed only for auctioning purposes.

d) allowed only for property management functions. Ans:
B

The Georgia Real Estate Commission's authority
involves...

a) only taking disciplinary actions and adjudication.

b) establishing fees and issuing licenses.


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, 2 | Page



c) regulating both real estate and appraiser licensees.

d) creating legislative bills associated with the real estate
industry. Ans: B

Which of the following describes the composition of the
Commission?

Six licensee members having five years of experience and
two consumer advocates

Five licensee members, one consumer affairs member,
and five-year terms

Four licensee members, two consumer affairs members,
and one legal advisor

Six total members serving five-year terms followed by
new appointments Ans: B

Which of the following best describes a brokerage
agreement?

A written compensatory agreement between broker and
seller

A written or verbal commission contract between a buyer
and broker

A compensation agreement between a broker and sales
associate




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, 3 | Page



A fully executed sales contract drafted by the broker Ans:
A

The Commission's disciplinary authority includes..

requiring periodic accounting reports related to trust
violations.

fines and imprisonment of a licensee for a real estate
fraud violation.

requiring formal hearings for all license law infractions.

providing legal representation to licensees accused of
license law violations. Ans: A

The purpose of the Commission members is

to protect the public from any harmful acts committed
by real estate licensees.

to represent the public interests.

to represent the interests of the real estate industry.

to interface real estate industry concerns with legislative
officials. Ans: A

Which of the following is true concerning a real estate
broker?

Collects rents or assessments from another for
compensation

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, 4 | Page



Supervises all associates' workflow and office files

Is necessarily a principal in the brokerage firm

Registers sales activity quarterly with the Commission
Ans: A

Brokerage related activities not requiring the exercise of a
licensee's own judgment best describe

administerial acts.

clerical functions associated with a brokerage office.

ministerial acts.

implied operational acts. Ans: C

As a disciplinary action for practicing real estate without
a license, the Commission has the authority to

fine the offender up to a maximum of $10,000.

issue a cease and desist order plus a $5,000 maximum
fine.

issue a cease and desist order plus a $1,000/day fine.

issue a writ of non-compliance plus $2,000/day fine. Ans:
C

Failure to submit a renewal application in a timely
manner will result in


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