Georgia 75 hour exam
Which of the following is true about ministerial acts?
only community association managers may
perform them Only commissioner may perform
them
A license is not required to perform them
Only corporate employees may perform them Correct answers A license is
not required to perform them
Which of the following could be responsibility of a real
estate broker? Selling personal property
Inspecting property for possible
damage Serving as the
commissioner
Providing physical maintenance of an apartment building Correct
answers Selling personal property
The GA Real Estate Commission is made up of
6 members, including 2 commissioners, appointed by the governor and
confirmed by the senate
4 members, appointed by the governor and confirmed by the senate
6 members, appointed by the governor and confirmed by the senate
7 members selected by the senate committee and confirmed by the
house Correct answers 6 members, appointed by the governor and
confirmed by the senate
The purpose of the GA real estate commission is to represent the
public Correct answers False
Which of the following is not one of the ways in which the commission
protects the public interest?
Encouraging free and open markets
Using licensing laws to settle private disputes
Denying the rights to practice to incompetent
people
Assuring individuals' rights to Justice and
equal opportunity Correct answers Using
licensing laws to settle private disputes
Broker Jonathan commits a single minor offense. What disciplinary action
will he most likely receive?
$5,000 fine
Permanent revocation of his license
Periodic report from an independent
accountant Censure Correct answers
Censure
,What is true concerning the commission's due process?
All rules and regulations must be approved by the GA General
Assembly All license infractions much be first processed
through the court system
Assembly has given legislative authority to the commission over real
estate issues Any new rules must not increase business costs without a
compelling need Correct
answers Any new rules must not increase business costs without a
compelling need
The commission's disciplinary authority includes
Requiring periodic accounting reports related to trust
violations Fines and imprisonment
Requiring formal hearings
Providing legal representation Correct answers Requiring periodic
accounting reports related to trust violations
One responsibility of a commission
member is to Comply with legislature's
hearing process Evaluate staff operations
Enact license laws
Confirm other commission members
Correct answers Evaluate staff operations
What is the purpose of the commission's rules and
regulations? Protect the industry it regulates
Protect the public from unlawful acts by licensees
To clarify sections of the law
To provide the commission authority to administer the GA Appraisal
Act Correct answers Clarify sections of the law
In the event of a Commission vacancy:
-- the governor appoints a new member.
-- the remaining members elect a replacement by majority vote.
-- the Commissioner selects the replacement member.
-- the governor appoints a replacement member at the start of a new
term. Correct answers The governor appoints a new member
The definition of licensee includes
Corporations, partnerships, and
proprietorships
Association managers, salespersons, and
brokers
Property managers and business brokers
Real estate office and association managers Correct answers Association
managers, salespersons, and brokers
, The purpose of the GA real estate
commission is to Manage real estate firms
Protect the public from harmful acts by
licensee Represent the public
Represent the real estate industry Correct answers Protect the public from
harmful acts by licensees
The commission members appoints their
commissioner Every year
Every 2 years
Every 3 years
Every 5 years Correct answers Every year
Which of the following is not an activity that a broker General
performs? Providing community association management
services
Collecting rent
Appraising a property
Auctioning property Correct answers Appraising property
Which of the following is one of the Commission's
responsibilities? Establishing a fair qualifying process
Imposing prison sentences on licensees who violate real
estate law
Passing fair housing legislation
Managing the commissioner Correct answers Establishing
a fair qualifying process
Broker Elizabeth commits multiple license law violations. What disciplinary
action will she most likely receive from the Commission?
Up to $5000 fine
Permanent revocation of his license
Periodic reports from an independent
accountant Up to $1000 fine Correct
answers Up to $5000 fine
Inactive licensees must
Take the 25 hour post license for new
license Immediately surrender their
license
Work as support personnel
Pay a fee of $200 per year to commission Correct answers Take the 25
hour post license for new licensee
A Ga broker is not responsible for his nonresident affiliated licensee's
violation of Ga license law, in part,
The nonresident licensee was affiliated with the broker for fewer than 30
days
The brokerage firm had a training program
The nonresident licensee has held a license for less than one year
The broker only indirectly participated in the violation Correct answers The
brokerage firm had a training program
Which of the following is true about ministerial acts?
only community association managers may
perform them Only commissioner may perform
them
A license is not required to perform them
Only corporate employees may perform them Correct answers A license is
not required to perform them
Which of the following could be responsibility of a real
estate broker? Selling personal property
Inspecting property for possible
damage Serving as the
commissioner
Providing physical maintenance of an apartment building Correct
answers Selling personal property
The GA Real Estate Commission is made up of
6 members, including 2 commissioners, appointed by the governor and
confirmed by the senate
4 members, appointed by the governor and confirmed by the senate
6 members, appointed by the governor and confirmed by the senate
7 members selected by the senate committee and confirmed by the
house Correct answers 6 members, appointed by the governor and
confirmed by the senate
The purpose of the GA real estate commission is to represent the
public Correct answers False
Which of the following is not one of the ways in which the commission
protects the public interest?
Encouraging free and open markets
Using licensing laws to settle private disputes
Denying the rights to practice to incompetent
people
Assuring individuals' rights to Justice and
equal opportunity Correct answers Using
licensing laws to settle private disputes
Broker Jonathan commits a single minor offense. What disciplinary action
will he most likely receive?
$5,000 fine
Permanent revocation of his license
Periodic report from an independent
accountant Censure Correct answers
Censure
,What is true concerning the commission's due process?
All rules and regulations must be approved by the GA General
Assembly All license infractions much be first processed
through the court system
Assembly has given legislative authority to the commission over real
estate issues Any new rules must not increase business costs without a
compelling need Correct
answers Any new rules must not increase business costs without a
compelling need
The commission's disciplinary authority includes
Requiring periodic accounting reports related to trust
violations Fines and imprisonment
Requiring formal hearings
Providing legal representation Correct answers Requiring periodic
accounting reports related to trust violations
One responsibility of a commission
member is to Comply with legislature's
hearing process Evaluate staff operations
Enact license laws
Confirm other commission members
Correct answers Evaluate staff operations
What is the purpose of the commission's rules and
regulations? Protect the industry it regulates
Protect the public from unlawful acts by licensees
To clarify sections of the law
To provide the commission authority to administer the GA Appraisal
Act Correct answers Clarify sections of the law
In the event of a Commission vacancy:
-- the governor appoints a new member.
-- the remaining members elect a replacement by majority vote.
-- the Commissioner selects the replacement member.
-- the governor appoints a replacement member at the start of a new
term. Correct answers The governor appoints a new member
The definition of licensee includes
Corporations, partnerships, and
proprietorships
Association managers, salespersons, and
brokers
Property managers and business brokers
Real estate office and association managers Correct answers Association
managers, salespersons, and brokers
, The purpose of the GA real estate
commission is to Manage real estate firms
Protect the public from harmful acts by
licensee Represent the public
Represent the real estate industry Correct answers Protect the public from
harmful acts by licensees
The commission members appoints their
commissioner Every year
Every 2 years
Every 3 years
Every 5 years Correct answers Every year
Which of the following is not an activity that a broker General
performs? Providing community association management
services
Collecting rent
Appraising a property
Auctioning property Correct answers Appraising property
Which of the following is one of the Commission's
responsibilities? Establishing a fair qualifying process
Imposing prison sentences on licensees who violate real
estate law
Passing fair housing legislation
Managing the commissioner Correct answers Establishing
a fair qualifying process
Broker Elizabeth commits multiple license law violations. What disciplinary
action will she most likely receive from the Commission?
Up to $5000 fine
Permanent revocation of his license
Periodic reports from an independent
accountant Up to $1000 fine Correct
answers Up to $5000 fine
Inactive licensees must
Take the 25 hour post license for new
license Immediately surrender their
license
Work as support personnel
Pay a fee of $200 per year to commission Correct answers Take the 25
hour post license for new licensee
A Ga broker is not responsible for his nonresident affiliated licensee's
violation of Ga license law, in part,
The nonresident licensee was affiliated with the broker for fewer than 30
days
The brokerage firm had a training program
The nonresident licensee has held a license for less than one year
The broker only indirectly participated in the violation Correct answers The
brokerage firm had a training program
