GA RE Metro Broker Exam 2026
Exam Questions and Answers |
A+ Score Assured
How does a broker prove they are not culpable if an agent makes a
mistake? - 🧠 ANSWER ✔✔1. Reasonable supervision was available to
agent
2. Broker had nothing to do with the infraction
3. The broker did not ratify the infraction (Did not see it happen without
telling them to stop)
,What are Trade fixtures and how can they be removed? - 🧠 ANSWER
✔✔Trade fixture - item of personal property attached to land or building
leased by a tenant who uses the item in a trade or business
- Can be removed before lease ends by tenant and damages cause by
removal must be repaired. If not removed by lease date become landlords
by accession.
Requirements for salespersons license - 🧠 ANSWER ✔✔- 18 years old
- Resident of GA unless qualifying under nonresident status
- HS diploma or equivalent
- 75 hour approved course
- good moral character
- pass state exam
Requirements for Broker license - 🧠 ANSWER ✔✔- 21 years old
- Resident of GA or qualifying under nonresident
- HS diploma or equivalent
- Have held active license at least 3 of 5 past years
- 60 hour approved course or equivalent
,- good moral character
- pass state exam
Attachment lien - 🧠 ANSWER ✔✔Grants court custody of property while a
law suit is proceeding.
- stops someone from getting house out of name
If a person buys a house and a deed is not recorded, who is the rightful
buyer? - 🧠 ANSWER ✔✔The buyer, so long as some form of constructive
notice has been given (moving in, cultivating the land) and no subsequent
recordations of title were made prior to notice
How is an appraisal charged? - 🧠 ANSWER ✔✔The fee charged can never
be based on the estimate of value
replacement (cost approach) - 🧠 ANSWER ✔✔The cost of replacement of
buildings, at today's prices and using today's construction materials, with a
SIMILAR or COMPARABLE structure, to serve the same purpose. (not the
same as REPRODUCTION)
Insurance proration - 🧠 ANSWER ✔✔- paid in advance
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, - credited to the seller from day after closing until day Before next premium
is due
Formula - Annual premium/365 = Daily rate.
Daily rate x number of days
universal agent - 🧠 ANSWER ✔✔Authorized to perform any act the
principal could perform, has authority w out limitations
General agent - 🧠 ANSWER ✔✔Authorized to bind their Principal in the
ongoing conduct of a particular business,
Special agent (limited) - 🧠 ANSWER ✔✔Appointed for a specific purpose or
to act on a particular occasion (listing agent)
Actual agency - 🧠 ANSWER ✔✔Parties have entered into an agreement
Ostensible agency - 🧠 ANSWER ✔✔third party relies on the principal's
expressed or implied representation w/o agreement
Implied agency - 🧠 ANSWER ✔✔when a broker, showing a property to a
prospective buyer, causes the buyer to feel broker is acting on their behalf
*RATIFICATION
Exam Questions and Answers |
A+ Score Assured
How does a broker prove they are not culpable if an agent makes a
mistake? - 🧠 ANSWER ✔✔1. Reasonable supervision was available to
agent
2. Broker had nothing to do with the infraction
3. The broker did not ratify the infraction (Did not see it happen without
telling them to stop)
,What are Trade fixtures and how can they be removed? - 🧠 ANSWER
✔✔Trade fixture - item of personal property attached to land or building
leased by a tenant who uses the item in a trade or business
- Can be removed before lease ends by tenant and damages cause by
removal must be repaired. If not removed by lease date become landlords
by accession.
Requirements for salespersons license - 🧠 ANSWER ✔✔- 18 years old
- Resident of GA unless qualifying under nonresident status
- HS diploma or equivalent
- 75 hour approved course
- good moral character
- pass state exam
Requirements for Broker license - 🧠 ANSWER ✔✔- 21 years old
- Resident of GA or qualifying under nonresident
- HS diploma or equivalent
- Have held active license at least 3 of 5 past years
- 60 hour approved course or equivalent
,- good moral character
- pass state exam
Attachment lien - 🧠 ANSWER ✔✔Grants court custody of property while a
law suit is proceeding.
- stops someone from getting house out of name
If a person buys a house and a deed is not recorded, who is the rightful
buyer? - 🧠 ANSWER ✔✔The buyer, so long as some form of constructive
notice has been given (moving in, cultivating the land) and no subsequent
recordations of title were made prior to notice
How is an appraisal charged? - 🧠 ANSWER ✔✔The fee charged can never
be based on the estimate of value
replacement (cost approach) - 🧠 ANSWER ✔✔The cost of replacement of
buildings, at today's prices and using today's construction materials, with a
SIMILAR or COMPARABLE structure, to serve the same purpose. (not the
same as REPRODUCTION)
Insurance proration - 🧠 ANSWER ✔✔- paid in advance
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, - credited to the seller from day after closing until day Before next premium
is due
Formula - Annual premium/365 = Daily rate.
Daily rate x number of days
universal agent - 🧠 ANSWER ✔✔Authorized to perform any act the
principal could perform, has authority w out limitations
General agent - 🧠 ANSWER ✔✔Authorized to bind their Principal in the
ongoing conduct of a particular business,
Special agent (limited) - 🧠 ANSWER ✔✔Appointed for a specific purpose or
to act on a particular occasion (listing agent)
Actual agency - 🧠 ANSWER ✔✔Parties have entered into an agreement
Ostensible agency - 🧠 ANSWER ✔✔third party relies on the principal's
expressed or implied representation w/o agreement
Implied agency - 🧠 ANSWER ✔✔when a broker, showing a property to a
prospective buyer, causes the buyer to feel broker is acting on their behalf
*RATIFICATION
