GA Real Estate State Exam Practice new EXAM 2025 AND PRACTICE QUESTIONS |ACCURATE ANSWERS| VERIFIED FOR GUARANTEED PASS |GRADED A |NEW VERSION

1. Which of the following is a true statement about Georgia's Real Estate Education, Research, and Recovery Fund? A. GREC isn't allowed to raise licensee renewal fees B. Licensees aren’t required to repay disbursements with interest C. The fund pays for licensees’ legal costs D. Fund money may be invested and interest is deposited back into the fund Correct Answer: D Rationale: Georgia law allows the fund to be invested in the state treasury or other legally permissible places, and any interest earned is returned to the fund. 2. What type of eviction challenge is Sharla presenting when she documents her landlord’s failure to fix a broken water heater? A. Discrimination B. Environmental hazard C. Incomplete repairs D. Self-help Correct Answer: C Rationale: Sharla is challenging the eviction on the basis that her landlord failed to maintain the premises, making it an "incomplete repairs" issue. 3. What must Genevieve do before she can operate as a broker under her own name in Georgia? A. Take an additional 75 hours of education B. Be affiliated with a broker for two years C. Receive her license and post it on her office wall D. Order new business cards Correct Answer: C Rationale: In Georgia, a broker must receive and display their license before engaging in brokerage activity under their own name. 4. Regarding buyer representation agreements, Georgia REALTORS® ________. A. Offer guidance but no forms B. Offer several sample agreements that a brokerage can use as is or adapt C. Provide only to association members D. Require use of the Exclusive Buyer Brokerage Agreement Correct Answer: B Rationale: Georgia REALTORS® offers sample agreements that can be customized or used as provided by brokerages. 5. What does the “use restrictions” provision in GAR F913 specify? A. How rent is paid B. Lease term C. Who may occupy the premises D. If lease renews automatically Correct Answer: C Rationale: The use restriction provision outlines who may live in the property and how it can be used. 6. What must a licensee do upon receiving trust funds from a client? A. Deposit funds within four business days B. Deposit within 48 hours C. Turn the trust funds over to their broker as soon as practically possible D. Hold the funds until closing Correct Answer: C Rationale: Georgia law requires licensees to promptly deliver trust funds to their broker without unnecessary delay. 7. What task must be performed by Tom, a licensed associate broker, rather than Eliza, an unlicensed assistant? A. Writing ads for approval B. Assembling closing documents C. Following up on loan status D. Negotiating commission with a client Correct Answer: D Rationale: Only licensed individuals can perform tasks involving negotiation, such as discussing commission terms. 8. If a foreclosure sale does not satisfy the loan balance, what may happen next? A. A deficiency judgment against the borrower may be issued B. The debt is transferred to the new buyer C. The remaining balance is forgiven D. The sale is canceled Correct Answer: A Rationale: The lender may seek a deficiency judgment to recover the remaining debt from the borrower. 9. Who conducts real estate closings in Georgia? A. Buyer's broker B. Lender C. Listing broker D. Closing attorney Correct Answer: D Rationale: Georgia law mandates that closings be conducted by licensed attorneys. 10. Who holds legal title when a property is secured by a mortgage in Georgia? A. Seller B. Lender C. Trustee D. Borrower (Craig) Correct Answer: D Rationale: In states using mortgages (like Georgia), the borrower retains legal title to the property. 11. What does “due diligence” mean in a Georgia real estate transaction? A. Buyer investigates property with the right to terminate the contract if unsatisfied B. Cash buyers provide proof of funds C. Property owners periodically inspect property D. Licensees conduct market analysis Correct Answer: A Rationale: Due diligence gives buyers time to inspect the property and cancel if they’re not satisfied with its condition. 12. When does a Georgia real estate contract become legally binding? A. After listing and selling agents sign B. After buyer confirms receipt C. After MLS entry D. Once signed by both parties and acceptance is communicated Correct Answer: D Rationale: A contract becomes binding when both parties sign and the acceptance is communicated to the offeror. 13. What’s true about working with a buyer as a customer in Georgia? A. Licensees can negotiate for buyer customers B. Customers sign agency agreements C. Licensees provide full advisory services D. Brokers are entitled to commission if they identify a property the buyer purchases Correct Answer: D Rationale: A broker can still earn a commission for facilitating a purchase, even if the buyer is a customer, not a client. 14. Which type of contract outlines the working relationship between a licensee and a broker in Georgia? A. Employee contract B. Agency agreement C. Dual partnership agreement D. Independent contractor agreement Correct Answer: D Rationale: Most licensees operate as independent contractors under a written agreement that outlines expectations. 15. What must be filed to begin the eviction process in Georgia? A. Lease B. Writ of possession C. Missed rent evidence D. Affidavit Correct Answer: D Rationale: The legal eviction process in Georgia starts with the landlord filing an affidavit with the court. 16. Which of the following is NOT true about Georgia's Real Estate Education, Research, and Recovery Fund? A. Fund money may be invested and interest is deposited back into the fund B. GREC isn't legally permitted to increase licensees' renewal fees to increase the fund balance C. Licensees must repay disbursements with interest D. The fund helps pay certain types of claims involving licensees Correct Answer: B Rationale: GREC is legally permitted to increase renewal fees if the fund balance dips below the statutory minimum. Option B is false. 17. What happens if a licensee causes a disbursement from the Real Estate Education, Research, and Recovery Fund? A. The licensee’s license is suspended until repayment is made B. The broker pays back the fund C. The fund cannot seek repayment D. The licensee must repay the fund with interest Correct Answer: D Rationale: Georgia law requires that licensees repay the fund for any disbursement made on their behalf, including interest. 18. Which of the following would be a ministerial act that a licensee may perform for a buyer customer? A. Advising on offer price B. Negotiating contingencies C. Identifying properties based on the buyer’s criteria D. Explaining appraisal gaps Correct Answer: C Rationale: Ministerial acts include providing factual information, such as listings that meet the buyer’s criteria, without interpretation or advice. 19. Which of the following is TRUE about GAR forms used in Georgia? A. All licensees are required to use GAR forms B. GAR provides forms to all licensees for free C. GAR forms are only available to Georgia Association of REALTORS® members D. GAR forms must be approved by the Real Estate Commission Correct Answer: C Rationale: Only members of the Georgia Association of REALTORS® (GAR) have access to GAR standard forms. 20. What does a writ of possession allow in the Georgia eviction process? A. It initiates the eviction lawsuit B. It authorizes the sheriff to remove the tenant from the property C. It notifies the tenant of overdue rent D. It finalizes the lease Correct Answer: B Rationale: A writ of possession is issued by the court and allows law enforcement to physically remove the tenant from the premises