75
/ /
hour exam questions with correct answers
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Which of the following is true about ministerial acts?
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only community association managers may perform them
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Only commissioner may perform them
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A license is not required to perform them
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Only /
corporate
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employees
/ /
may
/ /
perform
/ /
them -
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CORRECT
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ANSWERS(S)✔✔A license is not required to perform them
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Which /
of the following could be responsibility of a real estate broker?
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Selling personal property // //
,Inspecting property for possible damage // // // //
Serving as the commissioner // // //
Providing /
physical
/ /
maintenance
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of
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an
/ /
apartment
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building - CORRECT ANSWERS(S)✔✔Selling personal property
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The GA Real Estate Commission is made up of
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6 /
members,
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including
/ //
2 /
commissioners,
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appointed by the governor and confirmed by the senate
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4 members, appointed by the governor and confirmed by the senate
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6 members, appointed by the governor and confirmed by the senate
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7 /
members
/ /
selected
/ /
by
/ /
the
/ /
senate
/ /
,/ committee /
/ and /
/ confirmed /
/ by /
/ the /
/ house - // /
/ CORRECT /
/ ANSWERS(S)✔✔6 /
/ members, appointed by the governor and confirmed by the senate
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The /
purpose of the GA real estate commission is to represent the public
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- CORRECT ANSWERS(S)✔✔False
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Which /
of
/ /
the
/ /
following
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is
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not
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one
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of the ways in which the commission protects the public interest?
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Encouraging free and open markets // // // //
Using licensing laws to settle private disputes
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Denying the rights to practice to incompetent people
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, Assuring /
individuals'
/ /
rights
/ /
to
/ /
Justice
/ /
and
/ /
equal
/ /
opportunity -
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CORRECT
/ /
ANSWERS(S)✔✔Using licensing laws to settle private disputes
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Broker /
Jonathan
/ /
commits
/ //
a /
single
/ /
minor offense. What disciplinary action will he most likely receive?
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$5,000 fine //
Permanent revocation of his license // // // //
Periodic report from an independent accountant
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Censure - CORRECT ANSWERS(S)✔✔Censure
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What is true concerning the commission's due process?
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