CE Shop State Exam Review Questions with Correct Answers 2026 | Complete Real Estate Licensing Study Guide

CESHOPSTATEEXAMREVIEWQUESTIONS b b b b b




b WITH CORRECT ANSWERS 2026 b b b




Who or which entity has the authority to bring injunctive action against a real estate licensee f or
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the violation or the potential violation of Georgia license law and GREC's established rules?
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GREC

The commissioner b




The Georgia attorney general b b b




The U.S. attorney general - CORRECT ANSWER -
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The Georgia attorney general has the authority to bring injunctive action against a licensee. GR EC
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can make the request, but the attorney general has the authority.
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In Georgia, a person performing real estate activities under the judgment or order of a court, s uch
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as a trustee in a bankruptcy, is
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An exception to the real estate licensing requirement Required
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b to have a broker license
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Required to have at least an associate broker license b b b b b b b b




Required to have at least a salesperson license - CORRECT ANSWER - An
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b exception to the real estate licensing requirement. b b b b b b




When a borrower fails to cure any default within 120 days of the lender's original notification, the
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lender may begin the foreclosure process. In Georgia, borrowers may redeem the property
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.

Either before or after the foreclosure sale b b b b b b




Only until the original notice of default is received
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Only until the property is advertised for public auction
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Up to five days before the scheduled foreclosure sale - CORRECT ANSWER - Up to
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b five days before the scheduled foreclosure sale.
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, Jacob lost his job in an economic slump and is behind on his mortgage. Georgia is a non-
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judicial foreclosure state. Which section of his security deed gives his lender to right to sell the
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property if he defaults?
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Acceleration ofRelease b b




b Assumption

Due on Sale b b




Transfer of Rights in Property - CORRECT ANSWER -
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The Transfer of Rights in Property section gives the lender power of sale, meaning the lender c an
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sell the property without judicial proceedings if the borrower defaults.
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Rental property owners are exempt from fair housing laws if which of the following conditions is
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met?
b




The owner doesn't own more than four single-family homes. The
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b owner occupies a building with not more than four families. The
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b owner occupies a building with not more than six families.
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The owner uses a real estate licensee to rent the dwelling. - CORRECT ANSWER -
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If the owner occupies a building with no more than four families, that owner is exempt.
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Which clause is standard in a deed of trust or security deed and affects the foreclosure process that
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can be used if the borrower defaults?
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Acceleration

Alienation
b




Power of sale
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Reconveyance - CORRECT ANSWER -Power of sale b b b b b b




How long does a broker have before notifying the commission that a trust fund account has be en
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established?
b




10 days b