Ch. 5 - Gold Coast Real Estate Course Exam
Questions and Answers with Verified
Solutions | Latest Updated 2026
All of the following statements A broker can conduct business from
about a broker's branch offices multiple offices without registering each
are accurate, EXCEPT: office as a branch office
All of the following items are Names of sales associates and brokers
required on the signage on a associates who work in that office
broker's principal and branch
offices, EXCEPT:
All of the following statements A sales associate or broker associate may
about real estate advertising advertise a listed property in their name
are accurate, except? instead of the broker's name
What is an illegal blind A real estate advertisement that does not
advertisement? contain the registered or trade name of
the broker or that is not clearly an
advertisement of a real estate broker
A licensee provided rental list The prospective tenant can demand a full
information for a fee to a refund of the fee within 30 days of the
prospective tenant. If the date of the contract with the licensee
information provided was
materially inaccurate about
available rental property, what
recourse does the tenant
have?
,If a licensee provides rental list The prospective tenant can demand a
information for a prospective refund of 75% of the fee within 30 days of
tenant for a fee and the tenant the date of the contract with the licensee.
does not consider any of the
available rental properties
suitable, what recourse does
the tenant have?
In addition to possible First degree misdemeanor
disciplinary action by the
Commission, a broker or sales
associate who is found guilty
of providing inaccurate
information about rental
property is subject to what
criminal penalty?
All of the following statements A broker is responsible for accepting as
about earnest money deposits earnest money a personal check that is
are accurate, EXCEPT; returned because of insufficient funds
(Deposits can be in form of anything of
value that can be converted to cash.
Typically, the deposit is intended to
become a partial payment of the
purchase price at closing. Postdated
checks can be accepted with seller's
approval.)
Escrow funds may be held in A Georgia savings and loan association
all of the following type of doing business in Florida
accounts, EXCEPT: (escrow account can be held in
commercial bank, Title Company that has
trust powers, credit union, or savings and
loan association in Florida)
, How much of a broker's Maximum $1,000 in a sales escrow
personal or business funds account and a maximum $5,000 in a
may be held in an escrow property management escrow account
account to open the account,
maintain a minimum deposit, or
pay ordinary service charges?
All of the following statements A brokers books and records are subject
about monthly reconciliation to inspection by the Department or by an
of escrow accounts are authorized representative once a month
accurate, EXCEPT (can be any reasonable time during
business hours)
All of the following statements A broker's books and records must be
about a record keeping are preserved for at least 2 years from the
accurate, EXCEPT date escrow funds are received
(not less than five years*)
All of the following statements When a contract has been signed by the
about escrowed funds are buyer and seller, the broker is the owner
accurate, EXCEPT of the escrow funds and may use the
funds as necessary for the brokerage.
What is an escrow dispute? Conflicting demands by the buyer and
seller for escrowed funds
All of the following statements The mediator is the final authority
about mediation of an escrow resolution of the dispute
dispute are accurate, EXCEPT
Questions and Answers with Verified
Solutions | Latest Updated 2026
All of the following statements A broker can conduct business from
about a broker's branch offices multiple offices without registering each
are accurate, EXCEPT: office as a branch office
All of the following items are Names of sales associates and brokers
required on the signage on a associates who work in that office
broker's principal and branch
offices, EXCEPT:
All of the following statements A sales associate or broker associate may
about real estate advertising advertise a listed property in their name
are accurate, except? instead of the broker's name
What is an illegal blind A real estate advertisement that does not
advertisement? contain the registered or trade name of
the broker or that is not clearly an
advertisement of a real estate broker
A licensee provided rental list The prospective tenant can demand a full
information for a fee to a refund of the fee within 30 days of the
prospective tenant. If the date of the contract with the licensee
information provided was
materially inaccurate about
available rental property, what
recourse does the tenant
have?
,If a licensee provides rental list The prospective tenant can demand a
information for a prospective refund of 75% of the fee within 30 days of
tenant for a fee and the tenant the date of the contract with the licensee.
does not consider any of the
available rental properties
suitable, what recourse does
the tenant have?
In addition to possible First degree misdemeanor
disciplinary action by the
Commission, a broker or sales
associate who is found guilty
of providing inaccurate
information about rental
property is subject to what
criminal penalty?
All of the following statements A broker is responsible for accepting as
about earnest money deposits earnest money a personal check that is
are accurate, EXCEPT; returned because of insufficient funds
(Deposits can be in form of anything of
value that can be converted to cash.
Typically, the deposit is intended to
become a partial payment of the
purchase price at closing. Postdated
checks can be accepted with seller's
approval.)
Escrow funds may be held in A Georgia savings and loan association
all of the following type of doing business in Florida
accounts, EXCEPT: (escrow account can be held in
commercial bank, Title Company that has
trust powers, credit union, or savings and
loan association in Florida)
, How much of a broker's Maximum $1,000 in a sales escrow
personal or business funds account and a maximum $5,000 in a
may be held in an escrow property management escrow account
account to open the account,
maintain a minimum deposit, or
pay ordinary service charges?
All of the following statements A brokers books and records are subject
about monthly reconciliation to inspection by the Department or by an
of escrow accounts are authorized representative once a month
accurate, EXCEPT (can be any reasonable time during
business hours)
All of the following statements A broker's books and records must be
about a record keeping are preserved for at least 2 years from the
accurate, EXCEPT date escrow funds are received
(not less than five years*)
All of the following statements When a contract has been signed by the
about escrowed funds are buyer and seller, the broker is the owner
accurate, EXCEPT of the escrow funds and may use the
funds as necessary for the brokerage.
What is an escrow dispute? Conflicting demands by the buyer and
seller for escrowed funds
All of the following statements The mediator is the final authority
about mediation of an escrow resolution of the dispute
dispute are accurate, EXCEPT
