GEORGIA REAL ESTATE EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) PLUS RATIONALES 2026 Q&A | INSTANT DOWNLOAD PDF
Core Domains
- Georgia License Law and Commission Rules
- Agency Law and Fiduciary Duties
- Property Ownership and Land Use Controls
- Real Estate Contracts and Disclosure Requirements
- Real Estate Financing and Mortgages
- Fair Housing Laws and Ethical Standards
- Property Valuation and Appraisal Principles
- Real Estate Math and Calculations
This comprehensive assessment evaluates candidates' readiness for professional real estate practice in
Georgia. The exam measures essential knowledge across license law, agency relationships, property
ownership, contracts, financing, fair housing, and ethical standards. Questions use multiple-choice and
scenario-based formats that mirror the actual Georgia Real Estate Salesperson Examination administered by
PSI. Emphasis is placed on real-world application, critical decision-making, and regulatory compliance that
Georgia licensees encounter daily in their professional practice.
Section One: Questions 1–100
Question 1
Which of the following accurately describes the Georgia Real Estate Commission's licensing power?
,A. It grants licenses but doesn't impose sanctions
B. It may grant or revoke a firm's license
C. It may grant, suspend, or sanction licenses of individuals, but not those of firms
D. It may suspend and revoke licenses, but it doesn't grant licenses
🟢 B. It may grant or revoke a firm's license
🔴 RATIONALE: The Georgia Real Estate Commission (GREC) has the authority to grant, suspend, revoke, or
sanction both individual and firm licenses under Georgia license law.
Question 2
Decatur licensee Alistair is working with buyer Evie as a transaction broker. According to Georgia law, Alistair
may only perform ministerial acts for Evie, which are .
A. Actions provided at the highest level of representation
B. Administrative actions that don't rise to the level of client-level representation
C. Any real estate actions that require a license
D. Tasks necessary to complete a real estate transaction
🟢 B. Administrative actions that don't rise to the level of client-level representation
🔴 RATIONALE: In Georgia, transaction brokers perform only ministerial acts—administrative tasks that do
not constitute client-level representation or fiduciary duties.
Question 3
With a security deed in Georgia, how may a lender release the deed when the loan is paid off?
,A. Contact the county land office to execute a reconveyance
B. Execute and record a document called a Satisfaction of Deed to Secure Debt
C. Have an attorney prepare a reconveyance document and then sign it
D. Sign the security deed verifying release of the collateral and re-recording the security deed
🟢 B. Execute and record a document called a Satisfaction of Deed to Secure Debt
🔴 RATIONALE: Georgia uses security deeds rather than mortgages. When the loan is satisfied, the lender
must execute and record a Satisfaction of Deed to Secure Debt to release the lien.
Question 4
Which of the following may represent an exemption from Georgia fair housing laws?
A. Angie owns a four-plex. She lives in one unit and rents out the others
B. Darren owns five rental properties and leases them out himself
C. Elias is a real estate licensee who's selling his own home
D. Wildwood Creek Resort Living, a 55+ community, stipulates that 50% of homes must be sold to buyers where
at least one person is aged 55 or older
🟢 A. Angie owns a four-plex. She lives in one unit and rents out the others
🔴 RATIONALE: The "Mrs. Murphy" exemption allows owners of four-or-less unit properties who occupy one
unit as their primary residence to exempt from certain fair housing provisions, excluding advertising
restrictions.
, Question 5
Which of the following is an eligibility requirement for a community association manager in Georgia?
A. Be a member of the community association or a community association manager licensee
B. Be a member of the National Association of REALTORS®
C. Be at least 16 years old
D. Must also be a resident of Florida
🟢 A. Be a member of the community association or a community association manager licensee
🔴 RATIONALE: Georgia requires community association managers to be either a member of the community
association they manage or hold a community association manager license.
Question 6
In Georgia, after the commissioner reviews an investigator's report on a complaint, the commissioner may take
one of several actions. Which of these is NOT an option?
A. Impose sanctions against the licensee
B. Recommend that GREC dismiss the case
C. Request further investigation
D. Turn over the case to the attorney general's office
🟢 B. Recommend that GREC dismiss the case
🔴 RATIONALE: The commissioner may impose sanctions, request further investigation, or refer cases to the
attorney general, but cannot recommend GREC dismiss a case—the commissioner has independent authority.
ANSWERS) PLUS RATIONALES 2026 Q&A | INSTANT DOWNLOAD PDF
Core Domains
- Georgia License Law and Commission Rules
- Agency Law and Fiduciary Duties
- Property Ownership and Land Use Controls
- Real Estate Contracts and Disclosure Requirements
- Real Estate Financing and Mortgages
- Fair Housing Laws and Ethical Standards
- Property Valuation and Appraisal Principles
- Real Estate Math and Calculations
This comprehensive assessment evaluates candidates' readiness for professional real estate practice in
Georgia. The exam measures essential knowledge across license law, agency relationships, property
ownership, contracts, financing, fair housing, and ethical standards. Questions use multiple-choice and
scenario-based formats that mirror the actual Georgia Real Estate Salesperson Examination administered by
PSI. Emphasis is placed on real-world application, critical decision-making, and regulatory compliance that
Georgia licensees encounter daily in their professional practice.
Section One: Questions 1–100
Question 1
Which of the following accurately describes the Georgia Real Estate Commission's licensing power?
,A. It grants licenses but doesn't impose sanctions
B. It may grant or revoke a firm's license
C. It may grant, suspend, or sanction licenses of individuals, but not those of firms
D. It may suspend and revoke licenses, but it doesn't grant licenses
🟢 B. It may grant or revoke a firm's license
🔴 RATIONALE: The Georgia Real Estate Commission (GREC) has the authority to grant, suspend, revoke, or
sanction both individual and firm licenses under Georgia license law.
Question 2
Decatur licensee Alistair is working with buyer Evie as a transaction broker. According to Georgia law, Alistair
may only perform ministerial acts for Evie, which are .
A. Actions provided at the highest level of representation
B. Administrative actions that don't rise to the level of client-level representation
C. Any real estate actions that require a license
D. Tasks necessary to complete a real estate transaction
🟢 B. Administrative actions that don't rise to the level of client-level representation
🔴 RATIONALE: In Georgia, transaction brokers perform only ministerial acts—administrative tasks that do
not constitute client-level representation or fiduciary duties.
Question 3
With a security deed in Georgia, how may a lender release the deed when the loan is paid off?
,A. Contact the county land office to execute a reconveyance
B. Execute and record a document called a Satisfaction of Deed to Secure Debt
C. Have an attorney prepare a reconveyance document and then sign it
D. Sign the security deed verifying release of the collateral and re-recording the security deed
🟢 B. Execute and record a document called a Satisfaction of Deed to Secure Debt
🔴 RATIONALE: Georgia uses security deeds rather than mortgages. When the loan is satisfied, the lender
must execute and record a Satisfaction of Deed to Secure Debt to release the lien.
Question 4
Which of the following may represent an exemption from Georgia fair housing laws?
A. Angie owns a four-plex. She lives in one unit and rents out the others
B. Darren owns five rental properties and leases them out himself
C. Elias is a real estate licensee who's selling his own home
D. Wildwood Creek Resort Living, a 55+ community, stipulates that 50% of homes must be sold to buyers where
at least one person is aged 55 or older
🟢 A. Angie owns a four-plex. She lives in one unit and rents out the others
🔴 RATIONALE: The "Mrs. Murphy" exemption allows owners of four-or-less unit properties who occupy one
unit as their primary residence to exempt from certain fair housing provisions, excluding advertising
restrictions.
, Question 5
Which of the following is an eligibility requirement for a community association manager in Georgia?
A. Be a member of the community association or a community association manager licensee
B. Be a member of the National Association of REALTORS®
C. Be at least 16 years old
D. Must also be a resident of Florida
🟢 A. Be a member of the community association or a community association manager licensee
🔴 RATIONALE: Georgia requires community association managers to be either a member of the community
association they manage or hold a community association manager license.
Question 6
In Georgia, after the commissioner reviews an investigator's report on a complaint, the commissioner may take
one of several actions. Which of these is NOT an option?
A. Impose sanctions against the licensee
B. Recommend that GREC dismiss the case
C. Request further investigation
D. Turn over the case to the attorney general's office
🟢 B. Recommend that GREC dismiss the case
🔴 RATIONALE: The commissioner may impose sanctions, request further investigation, or refer cases to the
attorney general, but cannot recommend GREC dismiss a case—the commissioner has independent authority.
