Metro Broker Academy Final
Practice Test 2026 Exam
Questions with 100% Correct
Answers | Latest Update
1) What is your take-home from a if the total commission for the sale was
6%, which equaled $13,545.00 if you have a 70/30 split with your broker?
a) $6772.50
b) $4740.75
c) $3254.76
,d) $6000.00 - 🧠 ANSWER ✔✔b) $4,740.75
Assuming there is a co-broker involved with a 50/50
$13,545. = $6,772.50 (this is the amount split W/your broker)
$6,772.50 X 70% = $4,740.75
2) What is a CAM license for?
a) Listing property
b) Managing apartment building
c) Managing building projects
d) Manager of a subdivision association - 🧠 ANSWER ✔✔d) Manager of a
subdivision association
3) How many square feet in an acre?
a) 43560
b) 34560
,c) 56043
d) 43650 - 🧠 ANSWER ✔✔a) 43560
4) How many square miles in a Township?
a) 6
b) 35
c) 36
d) 34 - 🧠 ANSWER ✔✔c) 36
5) What determines the fee for appraisal?
a) Market price of property
b) The Lender
c) The amount of work and time
d) The sales price of the property - 🧠 ANSWER ✔✔c) The amount of work
and time
6) In Georgia, most community associations are required to have what?
a) A licensed CAM agent
b) General insurance
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, c) Fidelity insurance
d) Hazard insurance
e) An active real estate broker license - 🧠 ANSWER ✔✔c) Fidelity
insurance
8) If an affiliate licensee violates rules and regulations or license law, is the
broker required to notify the commission?
a) Yes, only if money was involved
b) No, the broker can provide training
c) No, only consumers can file complaints
d) Yes, always - 🧠 ANSWER ✔✔d) Yes, always
7) If the lender requires 8 months of taxes and 5 months of hazardous
insurance to establish the escrow account, how much would the buyer
have to pay if the annual tax bill was $1900 and the annual hazardous
insurance is $850?
a) $2354.76
b) $1620.84
c) $1273.67
Practice Test 2026 Exam
Questions with 100% Correct
Answers | Latest Update
1) What is your take-home from a if the total commission for the sale was
6%, which equaled $13,545.00 if you have a 70/30 split with your broker?
a) $6772.50
b) $4740.75
c) $3254.76
,d) $6000.00 - 🧠 ANSWER ✔✔b) $4,740.75
Assuming there is a co-broker involved with a 50/50
$13,545. = $6,772.50 (this is the amount split W/your broker)
$6,772.50 X 70% = $4,740.75
2) What is a CAM license for?
a) Listing property
b) Managing apartment building
c) Managing building projects
d) Manager of a subdivision association - 🧠 ANSWER ✔✔d) Manager of a
subdivision association
3) How many square feet in an acre?
a) 43560
b) 34560
,c) 56043
d) 43650 - 🧠 ANSWER ✔✔a) 43560
4) How many square miles in a Township?
a) 6
b) 35
c) 36
d) 34 - 🧠 ANSWER ✔✔c) 36
5) What determines the fee for appraisal?
a) Market price of property
b) The Lender
c) The amount of work and time
d) The sales price of the property - 🧠 ANSWER ✔✔c) The amount of work
and time
6) In Georgia, most community associations are required to have what?
a) A licensed CAM agent
b) General insurance
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, c) Fidelity insurance
d) Hazard insurance
e) An active real estate broker license - 🧠 ANSWER ✔✔c) Fidelity
insurance
8) If an affiliate licensee violates rules and regulations or license law, is the
broker required to notify the commission?
a) Yes, only if money was involved
b) No, the broker can provide training
c) No, only consumers can file complaints
d) Yes, always - 🧠 ANSWER ✔✔d) Yes, always
7) If the lender requires 8 months of taxes and 5 months of hazardous
insurance to establish the escrow account, how much would the buyer
have to pay if the annual tax bill was $1900 and the annual hazardous
insurance is $850?
a) $2354.76
b) $1620.84
c) $1273.67
