4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
The CE Shop :Final Exam Georgia Final Exam Review 2026 Actual
exam (Testing Real Exam Questions)and verified Answers ( 100%
accurate) GET IT RIGHT!!
What is a general lien?
A claim against a person and all of that person's property A
claim against a specific piece of property
A type of mortgage lien
A type of tax lien
A claim against a person and all of that person's property
Which of the following discriminatory practice does the Home Mortgage Disclosure Act
(HMDA) seek to address?
Blockbusting
Credit reporting
Mortgage applications
Redlining
Redlining
/ 1/51
,4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
What is a real estate mortgage investment conduit (REMIC)?
A company that owns, and usually operates, income-producing real estate
An entity used to pool mortgage loans and issue mortgage-backed securities An
organization that manages income-producing real estate properties.
An organization with many investors who jointly participate in a real estate investment
An entity used to pool mortgage loans and issue mortgage-backed securities
A lot with a front footage measuring 450 feet sold for $300,000. What was the cost per front
foot?
$135,000 per front foot
$300,000 per front foot
$667 per front foot
$780 per front foot
$667 per front foot
In addition to defining the broker/worker professional relationship, independent contractor
agreements also include which of the following?
Provisions regarding copyright protection of photos and ownership of brokerage listings The number of hours
the independent contractor is required to work per week.
The office location in which the independent contractor must work an eight-hour day. The salary and benefits the
firm will provide the independent contractor.
Provisions regarding copyright protection of photos and ownership of brokerage listings
/ 2/51
, 4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
M&R Lending has borrowers who are in default. Those borrowers have listed their house for
sale and must obtain M&R's approval before they can accept any offers. What is this an example
of?
Deed in lieu of foreclosure Delinquency
Foreclosue
Short sale
Short sale
What's 35% of 650? (Round to the nearest whole number.) 19
2,275
22,750
228
228
/ 3/51
, 4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
Buyer Penelope adores the house at 212 Maple Street, but two weeks after making her offer,
she's discovered it's got some issues that weren't identified on the state-required seller
disclosure form. She still wants to buy the house. Since the seller appears to have lied on the
disclosure form, what can Penelope do?
Ask the seller to make the repairs needed, or ask for a credit to cover the cost of those
repairs.
Because the seller lied on the disclosure forms, the purchase contract is invalidated, so
Penelope must make a new offer.
Complete the transaction, then sue the seller for fraud.
Reduce the amount of her offer.
Ask the seller to make the repairs needed, or ask for a credit to cover the cost of those
repairs.
Jay's new loan to purchase a property includes the seller's existing mortgage. What type of
loan is this?
Blanket
Package
Unsecured
Wraparound
Wraparound
/ 4/51
The CE Shop :Final Exam Georgia Final Exam Review 2026 Actual
exam (Testing Real Exam Questions)and verified Answers ( 100%
accurate) GET IT RIGHT!!
What is a general lien?
A claim against a person and all of that person's property A
claim against a specific piece of property
A type of mortgage lien
A type of tax lien
A claim against a person and all of that person's property
Which of the following discriminatory practice does the Home Mortgage Disclosure Act
(HMDA) seek to address?
Blockbusting
Credit reporting
Mortgage applications
Redlining
Redlining
/ 1/51
,4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
What is a real estate mortgage investment conduit (REMIC)?
A company that owns, and usually operates, income-producing real estate
An entity used to pool mortgage loans and issue mortgage-backed securities An
organization that manages income-producing real estate properties.
An organization with many investors who jointly participate in a real estate investment
An entity used to pool mortgage loans and issue mortgage-backed securities
A lot with a front footage measuring 450 feet sold for $300,000. What was the cost per front
foot?
$135,000 per front foot
$300,000 per front foot
$667 per front foot
$780 per front foot
$667 per front foot
In addition to defining the broker/worker professional relationship, independent contractor
agreements also include which of the following?
Provisions regarding copyright protection of photos and ownership of brokerage listings The number of hours
the independent contractor is required to work per week.
The office location in which the independent contractor must work an eight-hour day. The salary and benefits the
firm will provide the independent contractor.
Provisions regarding copyright protection of photos and ownership of brokerage listings
/ 2/51
, 4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
M&R Lending has borrowers who are in default. Those borrowers have listed their house for
sale and must obtain M&R's approval before they can accept any offers. What is this an example
of?
Deed in lieu of foreclosure Delinquency
Foreclosue
Short sale
Short sale
What's 35% of 650? (Round to the nearest whole number.) 19
2,275
22,750
228
228
/ 3/51
, 4/6/26, 3:39 PM The CE Shop :Final Exam Georgia
Buyer Penelope adores the house at 212 Maple Street, but two weeks after making her offer,
she's discovered it's got some issues that weren't identified on the state-required seller
disclosure form. She still wants to buy the house. Since the seller appears to have lied on the
disclosure form, what can Penelope do?
Ask the seller to make the repairs needed, or ask for a credit to cover the cost of those
repairs.
Because the seller lied on the disclosure forms, the purchase contract is invalidated, so
Penelope must make a new offer.
Complete the transaction, then sue the seller for fraud.
Reduce the amount of her offer.
Ask the seller to make the repairs needed, or ask for a credit to cover the cost of those
repairs.
Jay's new loan to purchase a property includes the seller's existing mortgage. What type of
loan is this?
Blanket
Package
Unsecured
Wraparound
Wraparound
/ 4/51
