COLIBRI REAL ESTATE (REAL ESTATE EXPRESS)
FINAL EXAM REVIEW (2025/26 UPDATED) FULLY
SOLVED
1. "Ben is a broker who is selling his own home. When advertising his home for sale, all of
the following is true about the ad EXCEPT that it
A) must use the firm's name.
B) must be honest.
C) must clearly indicate that Ben is a licensed broker.
D) may use Ben's own name. - Correct Answer A) must use the firm's name"
2. 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. - Correct Answer D) Jane paid a commission to a
Florida licensee who is not licensed in Georgia for licensing activity in Georgia."
3. "Seller Harry signs a contract with broker Barry that Barry will be paid a 6% commission
even if Harry sells the house to a co-worker without any help from Barry. What type of
listing agreement did Harry sign?
A) exclusive agency
B) exclusive right to sell
C) open listing
D) net listing - Correct Answer B) exclusive right to sell"
4. "Which of the following is NOT a protected class under Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race - Correct Answer A) Sexual preference"
1|Page
, 5. "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.
D) Notify the post office to send a change of address notice to the Commission. -
Correct Answer C) Send a written notice to the Commission within 30 days."
6. "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 - Correct Answer B) 9 hours"
7. "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. - Correct Answer D) exempt from the license law."
8. "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 - Correct Answer B) The mortgage lender"
9. "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
2|Page
, D) $496.50 - Correct Answer D) $496.50
10. *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
11. $165,500 ÷ $500 = 331
12. 331 x $1.50 = $496.50"
13. "Salesperson Gordon refuse to accept an offer to purchase his home from buyer Juan
Valdez of Columbia because Gordon feels the earnest money of $100 is not enough.
Which of the following statements about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he discriminated on the basis of
national origin.
B) Since Gordon refused on the basis of the earnest money, he is not in violation of
fair housing law.
C) Gordon is in violation of civil rights law because he discriminated on the basis of
race.
D) Gordon is guilty of redlining - Correct Answer B) Since Gordon refused on the basis
of the earnest money, he is not in violation of fair housing law."
14. "In an advertisement for a home, which of the following statements would MOST LIKELY
be considered discriminatory?
A. "beautiful home in an exclusive neighborhood"
B. "cozy home with a fabulous view of the bay"
C. "excellent location; lots of amenities; near bus stop"
D. "four-bedroom charmer, fenced lot, on a quiet cul-de-sac" - Correct
Answer A. "beautiful home in an exclusive neighborhood""
15. "Jada is a community association manager. Which of the following would be one of her
duties?
A) Advising an owner about his legal liability for a visitor's injury on his property.
B) Following the instructions of all the owners in the community association.
C) Lending $1,000 to the community association.
D) Sending a monthly newsletter to the owners. - Correct Answer D) Sending a
monthly newsletter to the owners."
16. "Which of the following does NOT need to be included in a property management
agreement?
3|Page
, A) A specific description of the property
B) The names of the owners
C) The names of the tenants
D) The terms of the management fee - Correct Answer C) The names of the tenants"
17. "Gary got his license in May of 2021. His birthday is September 28. When will his license
expire?
A) May 31, 2025
B) September 1, 2025
C) September 30, 2025
D) May 1, 2009 - Correct Answer C) September 30, 2025
18. *Real estate licenses expire on the last day of the licensee's birth month, every 4 years."
19. "A seller's agent must disclose any adverse physical conditions in the immediate
neighborhood within _______ of a property.
A) 1 mile
B) 2 miles
C) 5 miles
D) 10 miles - Correct Answer A) 1 mile"
20. "Jadarius has had his license suspended. By law, Jadarius's name will b e published on the
Georgia Real Estate Commission website if the licenses has been suspended for how long?
A) 15 days
B) 30 days
C) 60 days
D) 90 days - Correct Answer C) 60 days"
21. "Why was the Real Estate Education, Research and Recovery Fund established?
A) To educate the public about real estate
B) To fund courses for real estate agents
C) To compensate consumers damaged by licensees' practices
D) To conduct real estate research projects - Correct Answer C) To compensate
consumers damaged by licensees' practices"
22. "Which of these persons would require a real estate license?
4|Page
FINAL EXAM REVIEW (2025/26 UPDATED) FULLY
SOLVED
1. "Ben is a broker who is selling his own home. When advertising his home for sale, all of
the following is true about the ad EXCEPT that it
A) must use the firm's name.
B) must be honest.
C) must clearly indicate that Ben is a licensed broker.
D) may use Ben's own name. - Correct Answer A) must use the firm's name"
2. 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. - Correct Answer D) Jane paid a commission to a
Florida licensee who is not licensed in Georgia for licensing activity in Georgia."
3. "Seller Harry signs a contract with broker Barry that Barry will be paid a 6% commission
even if Harry sells the house to a co-worker without any help from Barry. What type of
listing agreement did Harry sign?
A) exclusive agency
B) exclusive right to sell
C) open listing
D) net listing - Correct Answer B) exclusive right to sell"
4. "Which of the following is NOT a protected class under Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race - Correct Answer A) Sexual preference"
1|Page
, 5. "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.
D) Notify the post office to send a change of address notice to the Commission. -
Correct Answer C) Send a written notice to the Commission within 30 days."
6. "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 - Correct Answer B) 9 hours"
7. "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. - Correct Answer D) exempt from the license law."
8. "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 - Correct Answer B) The mortgage lender"
9. "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
2|Page
, D) $496.50 - Correct Answer D) $496.50
10. *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
11. $165,500 ÷ $500 = 331
12. 331 x $1.50 = $496.50"
13. "Salesperson Gordon refuse to accept an offer to purchase his home from buyer Juan
Valdez of Columbia because Gordon feels the earnest money of $100 is not enough.
Which of the following statements about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he discriminated on the basis of
national origin.
B) Since Gordon refused on the basis of the earnest money, he is not in violation of
fair housing law.
C) Gordon is in violation of civil rights law because he discriminated on the basis of
race.
D) Gordon is guilty of redlining - Correct Answer B) Since Gordon refused on the basis
of the earnest money, he is not in violation of fair housing law."
14. "In an advertisement for a home, which of the following statements would MOST LIKELY
be considered discriminatory?
A. "beautiful home in an exclusive neighborhood"
B. "cozy home with a fabulous view of the bay"
C. "excellent location; lots of amenities; near bus stop"
D. "four-bedroom charmer, fenced lot, on a quiet cul-de-sac" - Correct
Answer A. "beautiful home in an exclusive neighborhood""
15. "Jada is a community association manager. Which of the following would be one of her
duties?
A) Advising an owner about his legal liability for a visitor's injury on his property.
B) Following the instructions of all the owners in the community association.
C) Lending $1,000 to the community association.
D) Sending a monthly newsletter to the owners. - Correct Answer D) Sending a
monthly newsletter to the owners."
16. "Which of the following does NOT need to be included in a property management
agreement?
3|Page
, A) A specific description of the property
B) The names of the owners
C) The names of the tenants
D) The terms of the management fee - Correct Answer C) The names of the tenants"
17. "Gary got his license in May of 2021. His birthday is September 28. When will his license
expire?
A) May 31, 2025
B) September 1, 2025
C) September 30, 2025
D) May 1, 2009 - Correct Answer C) September 30, 2025
18. *Real estate licenses expire on the last day of the licensee's birth month, every 4 years."
19. "A seller's agent must disclose any adverse physical conditions in the immediate
neighborhood within _______ of a property.
A) 1 mile
B) 2 miles
C) 5 miles
D) 10 miles - Correct Answer A) 1 mile"
20. "Jadarius has had his license suspended. By law, Jadarius's name will b e published on the
Georgia Real Estate Commission website if the licenses has been suspended for how long?
A) 15 days
B) 30 days
C) 60 days
D) 90 days - Correct Answer C) 60 days"
21. "Why was the Real Estate Education, Research and Recovery Fund established?
A) To educate the public about real estate
B) To fund courses for real estate agents
C) To compensate consumers damaged by licensees' practices
D) To conduct real estate research projects - Correct Answer C) To compensate
consumers damaged by licensees' practices"
22. "Which of these persons would require a real estate license?
4|Page
