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5.0
Colibri Real Estate (Real Estate Express) Final Exam
Review 2022 75-Hour Georgia Salesperson
Prelicense Course Questions with Detailed Verified
Answers (100% Correct Answers) /Already Graded
A+
Quiz: Broker Jane has been accused of a law violation regarding
commissions. Which of the following might result in her being found
guilty?
A) Jane paid a commission to her licensed personal assistant.
B) Jane paid a commission to the wife of one of her licensees who was
recently killed in an auto accident. The deceased licensee had earned
the commission prior to his death.
C) Jane paid a commission plus a bonus to one of her licensees.
D) Jane paid a commission to a Florida licensee who is not licensed in
Georgia for licensing activity in Georgia.
Ans: D) Jane paid a commission to a Florida licensee who is not licensed in
Georgia for licensing activity in Georgia.
Quiz: Any salesperson can legally receive her share of the commission
on a sale from
A) her employing broker only.
18:36:59
,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.
Ans: A) her employing broker only.
Quiz: Which of the following is NOT a protected class under Georgia fair
housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race
Ans: A) Sexual preference
Quiz: 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.
Examstudy - Stuvia US
,D) Notify the post office to send a change of address notice to the
Commission.
Ans: C) Send a written notice to the Commission within 30 days.
Quiz: 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
Ans: B) 9 hours
Quiz: 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.
Ans: D) exempt from the license law.
Examstudy - Stuvia US
, Quiz: 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
Ans: B) The mortgage lender
Quiz: 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
Ans: 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
Examstudy - Stuvia US
In today's fast-paced educational landscape, students need reliable resources to excel in their studies.
5.0
Colibri Real Estate (Real Estate Express) Final Exam
Review 2022 75-Hour Georgia Salesperson
Prelicense Course Questions with Detailed Verified
Answers (100% Correct Answers) /Already Graded
A+
Quiz: Broker Jane has been accused of a law violation regarding
commissions. Which of the following might result in her being found
guilty?
A) Jane paid a commission to her licensed personal assistant.
B) Jane paid a commission to the wife of one of her licensees who was
recently killed in an auto accident. The deceased licensee had earned
the commission prior to his death.
C) Jane paid a commission plus a bonus to one of her licensees.
D) Jane paid a commission to a Florida licensee who is not licensed in
Georgia for licensing activity in Georgia.
Ans: D) Jane paid a commission to a Florida licensee who is not licensed in
Georgia for licensing activity in Georgia.
Quiz: Any salesperson can legally receive her share of the commission
on a sale from
A) her employing broker only.
18:36:59
,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.
Ans: A) her employing broker only.
Quiz: Which of the following is NOT a protected class under Georgia fair
housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race
Ans: A) Sexual preference
Quiz: 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.
Examstudy - Stuvia US
,D) Notify the post office to send a change of address notice to the
Commission.
Ans: C) Send a written notice to the Commission within 30 days.
Quiz: 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
Ans: B) 9 hours
Quiz: 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.
Ans: D) exempt from the license law.
Examstudy - Stuvia US
, Quiz: 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
Ans: B) The mortgage lender
Quiz: 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
Ans: 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
Examstudy - Stuvia US
