Georgia 75 hour exam |155 Questions and Answers
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 - -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 - -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 - -6 members,
appointed by the governor and confirmed by the senate
-The purpose of the GA real estate commission is to represent the public - -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 - -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 - -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 - -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 - -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 - -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 - -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. - -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 - -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 - -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 - -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 - -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 - -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 - -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 - -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 - -The brokerage firm had a
training program
-Which is required for the commission to issue a broker license to someone who license
has previously been revoked?
Minimum 10 years have passed since revocation
Applicant's exam score must be at least 90%
Applicant has not served a prison sentence
Applicant has paid a $5000 fine to commission - -Minimum 10 years have passed
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 - -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 - -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 - -6 members,
appointed by the governor and confirmed by the senate
-The purpose of the GA real estate commission is to represent the public - -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 - -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 - -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 - -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 - -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 - -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 - -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. - -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 - -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 - -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 - -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 - -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 - -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 - -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 - -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 - -The brokerage firm had a
training program
-Which is required for the commission to issue a broker license to someone who license
has previously been revoked?
Minimum 10 years have passed since revocation
Applicant's exam score must be at least 90%
Applicant has not served a prison sentence
Applicant has paid a $5000 fine to commission - -Minimum 10 years have passed
