COLIBRI REAL ESTATE EXAM 2026
ADVANCED PREP COLLECTION
FEATURING STRATEGIC Q&A AND
DETAILED SOLUTIONS
⫸ Any salesperson can legally receive her share of the commission
on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale. Answer: A) her
employing broker only.
⫸ Which of the following is NOT a protected class under Georgia
fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race Answer: A) Sexual preference
,⫸ Syed is an inactive licensee. He just moved to a new home across
town. What must he do?
A) Call the Commission and give it his new address.
B) Report the address change when he's ready to reactivate his
license.
C) Send a written notice to the Commission within 30 days.
D) Notify the post office to send a change of address notice to the
Commission. Answer: C) Send a written notice to the Commission
within 30 days.
⫸ How many hours of continuing education must a licensee complete
for each year of licensure?
A) 8 hours
B) 9 hours
C) 5 hours
D) 4 hours Answer: B) 9 hours
⫸ Glenda is the office manager for a local real estate firm. She is
responsible for coordinating the paperwork flow through the office,
preparing ads and supervising the clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
,D) exempt from the license law. Answer: D) exempt from the license
law.
⫸ Haru is working with his buyers to draw up a written offer on a
property they want to purchase. Which of the following items is not
required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires Answer: B) The mortgage
lender
⫸ Kezia just bought and closed on a new home that cost $195,000.
her mortgage amount is $165,500. how much is the intangible
recording tax on Kezia's property?
A) $585
B) $195
C) $165.50
D) $496.50 Answer: D) $496.50
*An intangible recording tax is due and payable on each instrument
securing one or more long-term notes at the rate of $1.50 per each
$500
, $165,500 ÷ $500 = 331
331 x $1.50 = $496.50
⫸ Salesperson Gordon refuse to accept an offer to purchase his home
from buyer Juan Valdez of Columbia because Gordon feels the earnest
money of $100 is not enough. Which of the following statements
about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he
discriminated on the basis of national origin.
B) Since Gordon refused on the basis of the earnest money, he is not
in violation of fair housing law.
C) Gordon is in violation of civil rights law because he discriminated
on the basis of race.
D) Gordon is guilty of redlining Answer: B) Since Gordon refused on
the basis of the earnest money, he is not in violation of fair housing
law.
⫸ Jada is a community association manager. Which of the following
would be one of her duties?
A) Advising an owner about his legal liability for a visitor's injury on
his property.
B) Following the instructions of all the owners in the community
association.
C) Lending $1,000 to the community association.
ADVANCED PREP COLLECTION
FEATURING STRATEGIC Q&A AND
DETAILED SOLUTIONS
⫸ Any salesperson can legally receive her share of the commission
on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale. Answer: A) her
employing broker only.
⫸ Which of the following is NOT a protected class under Georgia
fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race Answer: A) Sexual preference
,⫸ Syed is an inactive licensee. He just moved to a new home across
town. What must he do?
A) Call the Commission and give it his new address.
B) Report the address change when he's ready to reactivate his
license.
C) Send a written notice to the Commission within 30 days.
D) Notify the post office to send a change of address notice to the
Commission. Answer: C) Send a written notice to the Commission
within 30 days.
⫸ How many hours of continuing education must a licensee complete
for each year of licensure?
A) 8 hours
B) 9 hours
C) 5 hours
D) 4 hours Answer: B) 9 hours
⫸ Glenda is the office manager for a local real estate firm. She is
responsible for coordinating the paperwork flow through the office,
preparing ads and supervising the clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
,D) exempt from the license law. Answer: D) exempt from the license
law.
⫸ Haru is working with his buyers to draw up a written offer on a
property they want to purchase. Which of the following items is not
required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires Answer: B) The mortgage
lender
⫸ Kezia just bought and closed on a new home that cost $195,000.
her mortgage amount is $165,500. how much is the intangible
recording tax on Kezia's property?
A) $585
B) $195
C) $165.50
D) $496.50 Answer: D) $496.50
*An intangible recording tax is due and payable on each instrument
securing one or more long-term notes at the rate of $1.50 per each
$500
, $165,500 ÷ $500 = 331
331 x $1.50 = $496.50
⫸ Salesperson Gordon refuse to accept an offer to purchase his home
from buyer Juan Valdez of Columbia because Gordon feels the earnest
money of $100 is not enough. Which of the following statements
about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he
discriminated on the basis of national origin.
B) Since Gordon refused on the basis of the earnest money, he is not
in violation of fair housing law.
C) Gordon is in violation of civil rights law because he discriminated
on the basis of race.
D) Gordon is guilty of redlining Answer: B) Since Gordon refused on
the basis of the earnest money, he is not in violation of fair housing
law.
⫸ Jada is a community association manager. Which of the following
would be one of her duties?
A) Advising an owner about his legal liability for a visitor's injury on
his property.
B) Following the instructions of all the owners in the community
association.
C) Lending $1,000 to the community association.
