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GA Real Estate License Exam 2023-2024 Questions and Answers 100% Correct GA Real Estate License Exam 2023-2024 Questions and Answers 100% Correct GA Real Estate License Exam 2023-2024 Questions and Answers 100% Correct GA Real Estate License Exam 2023-2024 Questions and Answers 100% Correct Georgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia...

GA REAL Estate Exam Prep Questions and Answers 2024

GA REAL Estate Exam Prep Questions and Answers 2024

GA REAL Estate Exam Prep Questions and Answers 2024

How often *must* you take continuing education? - correct answers *Every 4 years*. In Georgia, which of the following is *NOT* a cost or expense of owning a home? - correct answers Taxes on *personal property*. A *Broker's*, license fee costs how much? - correct answers *$170* All of the following, exist in Georgia *EXCEPT*. Ad valorem Taxation, Special Assessments, Statutory Right of Redemption, Equitable Right of Redemption - correct answers *Statutory Right of Redemption* Which of t...

GA REAL ESTATE EXAM PREP Questions and Answers Latest Update 2024 (102 Questions)

GA Real Estate Actual Test Questions and Answers Latest Update 2024 Multiple Versions (Verified Answers)

Fiduciary Relationship is one that "implies" trust and confidence Gratuitous Agency An Agent may agree to work for no compensation Universal Agent Authorized to perform "any" act the principal could perform General Agent Authorized to bind the principal in the ongoing conduct of a "particular business." Special "Limited" Agent Appointed for a "particular purpose" or to act on a particular occasion. Agent is a broker Actual Agency The parties to the agreement have entered into t...

Georgia Real Estate Commission size - ANSWER 6 members Georgia Real Estate Commission appointed by - ANSWER Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER 5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - ANSWER 5 Does the sixth member of the Georgia Real Estate Commission have any interest in the re...

Property - ANSWER All property is divided into 2 categories Real Property and Personal Property Personal Property - ANSWER Chattels Real - Mobility Chattels Personal - ANSWER Such as cars, boats, furniture, clothes, stocks, money, tools etc are known as Chattels Real Real Estate - ANSWER Consists of land itself plus those things which are permanently attached to the land by man (such as buildings) or nature (such as trees). Bill of Sale - ANSWER Personal Property sold, ownership is t...

What fines may be imposed by the Commission for rules violations? - ANSWER A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - ANSWER a duty of a broker. Agency can best be described as - ANSWER a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - ANSWER He is appointed by the Commission members annually. The Georgia Real Estate Commission is - ANSWER comprised ...