COLIBRI REAL ESTATE EXAM ADVANCED PREP COLLECTION FEATURING ACTUAL
TEST PAPER QUESTIONS CORRECT ANSWERS GRADED A PLUS
Colibri REAL Estate EXAM 2026/2027 Advanced
PREP Collection Featuring Questions and Answers
Verified Solutions Latest Update
Question:
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.
Question:
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
Question:
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.
Question:
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
Question:
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.
Question:
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
Question:
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
Question:
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.
Question:
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. D) Sending a monthly newsletter to the owners.
Answer:
D) Sending a monthly newsletter to the owners.
Question:
Which of the following does NOT need to be included in a property management agreement? A) A
specific description of the property B) The names of the owners C) The names of the tenants D) The
terms of the management fee
Answer:
C) The names of the tenants
Question:
Gary got his license in May of 2021. His birthday is September 28. When will his license expire? A)
May 31, 2025 B) September 1, 2025 C) September 30, 2025 D) May 1, 2009
Answer:
C) September 30, 2025 *Real estate licenses expire on the last day of the licensee's birth month,
every 4 years.
Question:
, A seller's agent must disclose any adverse physical conditions in the immediate neighborhood
within _______ of a property. A) 1 mile B) 2 miles C) 5 miles D) 10 miles
Answer:
A) 1 mile
Question:
Jadarius has had his license suspended. By law, Jadarius's name will b e published on the Georgia
Real Estate Commission website if the licenses has been suspended for how long? A) 15 days B) 30
days C) 60 days D) 90 days
Answer:
C) 60 days
Question:
Why was the Real Estate Education, Research and Recovery Fund established? A) To educate the
public about real estate B) To fund courses for real estate agents C) To compensate consumers
damaged by licensees' practices D) To conduct real estate research projects
Answer:
C) To compensate consumers damaged by licensees' practices
Question:
Which of these persons would require a real estate license? A) Suresh is a full-time employee of a
utility company. He negotiates and acquires leases for the company. B) Greta is an attorney who
conveys real estate under a power of attorney. C) Jack refers clients to his licensed broker brother
and receives a fee from the parties he refers. D) A partnership sells a building owned by the partners.
Answer:
C) Jack refers clients to his licensed broker brother and receives a fee from the parties he refers.
Question:
Broker Larry received an earnest money check from a buyer for $3,000. He needed the money, so he
cashed the check. At closing, he gave the seller a check for $3,180, the amount of the original check
TEST PAPER QUESTIONS CORRECT ANSWERS GRADED A PLUS
Colibri REAL Estate EXAM 2026/2027 Advanced
PREP Collection Featuring Questions and Answers
Verified Solutions Latest Update
Question:
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.
Question:
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
Question:
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.
Question:
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
Question:
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.
Question:
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
Question:
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
Question:
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.
Question:
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. D) Sending a monthly newsletter to the owners.
Answer:
D) Sending a monthly newsletter to the owners.
Question:
Which of the following does NOT need to be included in a property management agreement? A) A
specific description of the property B) The names of the owners C) The names of the tenants D) The
terms of the management fee
Answer:
C) The names of the tenants
Question:
Gary got his license in May of 2021. His birthday is September 28. When will his license expire? A)
May 31, 2025 B) September 1, 2025 C) September 30, 2025 D) May 1, 2009
Answer:
C) September 30, 2025 *Real estate licenses expire on the last day of the licensee's birth month,
every 4 years.
Question:
, A seller's agent must disclose any adverse physical conditions in the immediate neighborhood
within _______ of a property. A) 1 mile B) 2 miles C) 5 miles D) 10 miles
Answer:
A) 1 mile
Question:
Jadarius has had his license suspended. By law, Jadarius's name will b e published on the Georgia
Real Estate Commission website if the licenses has been suspended for how long? A) 15 days B) 30
days C) 60 days D) 90 days
Answer:
C) 60 days
Question:
Why was the Real Estate Education, Research and Recovery Fund established? A) To educate the
public about real estate B) To fund courses for real estate agents C) To compensate consumers
damaged by licensees' practices D) To conduct real estate research projects
Answer:
C) To compensate consumers damaged by licensees' practices
Question:
Which of these persons would require a real estate license? A) Suresh is a full-time employee of a
utility company. He negotiates and acquires leases for the company. B) Greta is an attorney who
conveys real estate under a power of attorney. C) Jack refers clients to his licensed broker brother
and receives a fee from the parties he refers. D) A partnership sells a building owned by the partners.
Answer:
C) Jack refers clients to his licensed broker brother and receives a fee from the parties he refers.
Question:
Broker Larry received an earnest money check from a buyer for $3,000. He needed the money, so he
cashed the check. At closing, he gave the seller a check for $3,180, the amount of the original check
