COLIBRI SCHOOL EXAM LATEST ACTUAL EXAM
WITH MORE THAN 100 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS)|AGRADE
Broker Jane has been accused of a law violation regarding commissions. Which of the
following might result in her being found guilty?
A) Jane paid a commission to her licensed personal assistant.
B) Jane paid a commission to the wife of one of her licensees who was recently killed
in an auto accident. The deceased licensee had earned the commission prior to his
death. C) Jane paid a commission plus a bonus to one of her licensees.
D) Jane paid a commission to a Florida licensee who is not licensed in Georgia for
licensing activity in Georgia.
🗸🗸🗸: D) Jane paid a commission to a Florida licensee who is not licensed in Georgia
for licensing activity in Georgia.
Any salesperson can legally receive her share of the commission on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale.
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,🗸🗸🗸: A) her employing broker only.
Which of the following is NOT a protected class under Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race
🗸🗸🗸: A) Sexual preference
Syed is an inactive licensee. He just moved to a new home across town. What must he
do?
A) Call the Commission and give it his new address.
B) Report the address change when he's ready to reactivate his license.
C) Send a written notice to the Commission within 30 days.
D) Notify the post office to send a change of address notice to the Commission.
🗸🗸🗸: C) Send a written notice to the Commission within 30 days.
How many hours of continuing education must a licensee complete for each year of
licensure?
A) 8 hours
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,B) 9 hours
C) 5 hours
D) 4 hours
🗸🗸🗸: B) 9 hours
Glenda is the office manager for a local real estate firm. She is responsible for
coordinating the paperwork flow through the office, preparing ads and supervising the
clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
D) exempt from the license law.
🗸🗸🗸: D) exempt from the license law.
Haru is working with his buyers to draw up a written offer on a property they want to
purchase. Which of the following items is not required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires
🗸🗸🗸: B) The mortgage lender
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, Kezia just bought and closed on a new home that cost $195,000. her mortgage amount
is $165,500. how much is the intangible recording tax on Kezia's property?
A) $585
B) $195
C) $165.50
D) $496.50
🗸🗸🗸: D) $496.50
*An intangible recording tax is due and payable on each instrument securing one or
more long-term notes at the rate of $1.50 per each $500
$165,500 ÷ $500 = 331
331 x $1.50 = $496.50
Salesperson Gordon refuse to accept an offer to purchase his home from buyer Juan
Valdez of Columbia because Gordon feels the earnest money of $100 is not enough.
Which of the following statements about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he discriminated on the basis of
national origin.
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WITH MORE THAN 100 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS)|AGRADE
Broker Jane has been accused of a law violation regarding commissions. Which of the
following might result in her being found guilty?
A) Jane paid a commission to her licensed personal assistant.
B) Jane paid a commission to the wife of one of her licensees who was recently killed
in an auto accident. The deceased licensee had earned the commission prior to his
death. C) Jane paid a commission plus a bonus to one of her licensees.
D) Jane paid a commission to a Florida licensee who is not licensed in Georgia for
licensing activity in Georgia.
🗸🗸🗸: D) Jane paid a commission to a Florida licensee who is not licensed in Georgia
for licensing activity in Georgia.
Any salesperson can legally receive her share of the commission on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale.
1|Page
,🗸🗸🗸: A) her employing broker only.
Which of the following is NOT a protected class under Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race
🗸🗸🗸: A) Sexual preference
Syed is an inactive licensee. He just moved to a new home across town. What must he
do?
A) Call the Commission and give it his new address.
B) Report the address change when he's ready to reactivate his license.
C) Send a written notice to the Commission within 30 days.
D) Notify the post office to send a change of address notice to the Commission.
🗸🗸🗸: C) Send a written notice to the Commission within 30 days.
How many hours of continuing education must a licensee complete for each year of
licensure?
A) 8 hours
2|Page
,B) 9 hours
C) 5 hours
D) 4 hours
🗸🗸🗸: B) 9 hours
Glenda is the office manager for a local real estate firm. She is responsible for
coordinating the paperwork flow through the office, preparing ads and supervising the
clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
D) exempt from the license law.
🗸🗸🗸: D) exempt from the license law.
Haru is working with his buyers to draw up a written offer on a property they want to
purchase. Which of the following items is not required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires
🗸🗸🗸: B) The mortgage lender
3|Page
, Kezia just bought and closed on a new home that cost $195,000. her mortgage amount
is $165,500. how much is the intangible recording tax on Kezia's property?
A) $585
B) $195
C) $165.50
D) $496.50
🗸🗸🗸: D) $496.50
*An intangible recording tax is due and payable on each instrument securing one or
more long-term notes at the rate of $1.50 per each $500
$165,500 ÷ $500 = 331
331 x $1.50 = $496.50
Salesperson Gordon refuse to accept an offer to purchase his home from buyer Juan
Valdez of Columbia because Gordon feels the earnest money of $100 is not enough.
Which of the following statements about Gordon's refusal is correct?
A) Gordon is in violation of fair housing law because he discriminated on the basis of
national origin.
4|Page
