Study guides, Class notes & Summaries

GEORGIA REAL ESTATE EXAM STUDY SET QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Best describes parcel of land - -the surface of the earth extending down to the center and upward to infinity Determining if Fixture, NOT considered - -Value of item Characteristic in difference btwn personal prop. from real property. - -mobility When used in deed or other RE doc., legal description describes only land bc - -buildings/other improvements considered part of the real estate Item was person...

GEORGIA REAL ESTATE LAW & RULES QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ Licensing Fee - -Application fee: $45 plus 1st renewal of $125 (total 170); If applicants don't apply within 3 months, fee doubles; After 1 year, must retake the state exam Do Attorney-in-fact under power of attorney need to be licensed? - -No Do attorneys closing loans need to be a licensee? - -Yes Georgia licenses renew every... - -4 years If lapse in license renewal is solely due to failure to pay, li...

GEORGIA REAL ESTATE LICENSE LAWS AND RULES EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. is failure to put a street address in a legal description a violation of the Georgia license law? - -no a broker was found guilty of commingling. the real estate Commission shall have the power to do what> - -impose a fine not to exceed $1000 In Georgia can a broker deposti earnest money in a seperate account that is not established for earnest money? - -yes, if all parties involved have...

GEORGIA REAL ESTATE LICENSE LAWS AND RULES QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Which of the following would NOT be a violation of the Georgia License Law? A) Falsifying a document used in a real estate transaction B) Failing to advise your broker in writing when buying or selling property for yourself C) Failure to give a copy of a signed offer to the purchaser D) Failure to put a street adress in a legal description - -D) Failure to put a street adress in a legal ...

GEORGIA REAL ESTATE POST LICENSE COURSE QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ If you suspect the presence of UFFI, you can ______________. - -recommend testing of the indoor air. When you decide on your items of value (SWAG), follow through with them. You can do this by: Sending every _____ to your "A" clients; and Sending _________ to your "B" and "C" clients. - -month; quarterly S2: T/F - HUD sells multi-family housing units. - -TRUE - HUD S2: Virtual office websites ...

GEORGIA REAL ESTATE PRACTICE 52 QUESTIONS & ANSWERS, 100% ACCURATE, GRADED A+/ Legal competency age in Georgia is: a. 15 b. 18 c. 21 d. 16 - -B. What does BRRETA stand for? a. The Brokerage Real Estate Training Act b. The Brokerage Real Estate Transactions Act c. The Brokerage Relationships in Real Estate Transactions Act d. The Georgia Basic Relationships in Real Estate Transactions Act - -C. The Georgia Real Estate Commission is composed of: a. Three brokers, two salespersons, an...

GEORGIA REAL ESTATE PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ 1. which of the following ways of specialization is common in the real estate brokerage business A) by background of client B) by type of property C) by years of experience in the business D) by type of mortgage financing required - -b 2. which of the following is included in the legal concept of land A) A corn crop B) a lake C) a felled tree D) an abandoned vehicle - -b 3. a property abuts a n...

GEORGIA REAL ESTATE STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Based on the ability to accept assignments, which appraiser has the most latitude? - -certified general Which state agency is responsible for the implementation of the Georgia Lead Paint Prevention Act of 1994? - -GA Dept of Natural Resources How far back does a normal Georgia title search go? - -50 years A Georgia fee or tax imposed on the recording of a warranty deed is - -transfe...

GA REAL Estate Exam Prep Questions and Answers 2024

GA REAL Estate Exam Prep Questions and Answers 2024