Questions and answers Updated Newest
RATED A+ 2025/26
Which of the following is true about ministerial acts?
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only community association managers may perform them
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Only commissioner may perform them
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A license is not required to perform them
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Only corporate employees may perform them - Correct Answers A license is not required to perform
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them
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II! Which of the following could be responsibility of a real estate broker?
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Selling personal property II! II!
Inspecting property for possible damage II! II! II! II!
Serving as the commissioner II! II! II!
Providing physical maintenance of an apartment building - Correct Answers Selling personal property
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II! The GA Real Estate Commission is made up of
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6 members, including 2 commissioners, appointed by the governor and confirmed by the senate
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4 members, appointed by the governor and confirmed by the senate
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6 members, appointed by the governor and confirmed by the senate
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7 members selected by the senate committee and confirmed by the house - Correct Answers 6
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members, appointed by the governor and confirmed by the senate
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II! The purpose of the GA real estate commission is to represent the public - Correct Answers False
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II! Which of the following is not one of the ways in which the commission protects the public interest?
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Encouraging free and open markets II! II! II! II!
,Using licensing laws to settle private disputes
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Denying the rights to practice to incompetent people II! II! II! II! II! II! II!
Assuring individuals' rights to Justice and equal opportunity - Correct Answers Using licensing laws to
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settle private disputes
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II! Broker Jonathan commits a single minor offense. What disciplinary action will he most likely receive?
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$5,000 fine II!
Permanent revocation of his license II! II! II! II!
Periodic report from an independent accountant II! II! II! II! II!
Censure - Correct Answers Censure II! II! II! II! II! II! II!
II! What is true concerning the commission's due process?
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All rules and regulations must be approved by the GA General Assembly
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All license infractions much be first processed through the court system
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Assembly has given legislative authority to the commission over real estate issues
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Any new rules must not increase business costs without a compelling need - Correct Answers Any new
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rules must not increase business costs without a compelling need
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II! The commission's disciplinary authority includes
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Requiring periodic accounting reports related to trust violations II! II! II! II! II! II! II! II!
Fines and imprisonment II! II!
Requiring formal hearings II! II!
Providing legal representation - Correct Answers Requiring periodic accounting reports related to trust
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violations
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II! One responsibility of a commission member is to
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Comply with legislature's hearing process II! II! II! II!
Evaluate staff operations II! II!
Enact license laws II! II!
Confirm other commission members - Correct Answers Evaluate staff operations
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, II! What is the purpose of the commission's rules and regulations?
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Protect the industry it regulates II! II! II! II!
Protect the public from unlawful acts by licensees
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To clarify sections of the law
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To provide the commission authority to administer the GA Appraisal Act - Correct Answers Clarify
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sections of the law
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II! In the event of a Commission vacancy:
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-- the governor appoints a new member.
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-- the remaining members elect a replacement by majority vote.
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-- the Commissioner selects the replacement member.
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-- the governor appoints a replacement member at the start of a new term. - Correct Answers The
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governor appoints a new member
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II! The definition of licensee includes
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Corporations, partnerships, and proprietorships II! II! II!
Association managers, salespersons, and brokers II! II! II! II!
Property managers and business brokers II! II! II! II!
Real estate office and association managers - Correct Answers Association managers, salespersons, and
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brokers
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II! The purpose of the GA real estate commission is to
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Manage real estate firms II! II! II!
Protect the public from harmful acts by licensee
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Represent the public II! II!