GA REAL ESTATE 2026 EXAM TEST PAPER QUESTIONS AND
ANSWERS SURE A+
✔✔What is prohibited when entering into a brokerage agreement? - ✔✔Entering
knowingly when another broker already has an exclusive agreement.
✔✔What is required before offering a property for sale or lease? - ✔✔The owner's
knowledge and consent.
✔✔What is unauthorized dual agency? - ✔✔Acting as an agent for both parties without
written consent.
✔✔What must be disclosed about agency relationships? - ✔✔They must be disclosed
to all parties within a reasonable timeframe.
✔✔What must a licensee disclose if they have a personal interest in a transaction? -
✔✔That they are a principal or have a conflict of interest.
✔✔What is a requirement for property management agreements? - ✔✔They must
include property identification and terms between the manager and owner.
✔✔What must brokers obtain if responsible for more than $60,000 in community
association management? - ✔✔A fidelity bond or fidelity insurance.
✔✔What is the maximum fine for multiple violations per hearing? - ✔✔$5,000.
✔✔What is a penalty that GREC can impose on a licensee? - ✔✔License revocation.
✔✔What must be done with written offers in real estate transactions? - ✔✔They must
be presented as soon as feasibly possible.
✔✔What illegal practice involves falsifying amounts of money? - ✔✔Falsifying any
amount of money.
✔✔What is business brokerage? - ✔✔A service where a broker assists others in selling
business interests.
✔✔What credential may business brokers seek? - ✔✔Accredited Business Intermediary
(ABI) or Certified Business Intermediary (CBI).
✔✔What must a broker do before writing any offers? - ✔✔Disclose details of brokerage
relationships to all parties.
, ✔✔What is kiting in real estate transactions? - ✔✔Presenting false documentation
showing a higher sales price to a lender.
✔✔What must property management agreements include regarding termination? -
✔✔Terms and conditions of termination.
✔✔What is required for brokers using fidelity bonds? - ✔✔Maintain a separate bond for
each association.
✔✔What must be done with transactional documents? - ✔✔All parties must receive
copies, and brokers must maintain them for at least three years.
✔✔What is a requirement for exclusive brokerage engagement agreements? - ✔✔They
must have a definite expiration date.
✔✔What must brokers disclose about compensation sources? - ✔✔Including referral
fees or cooperative agreements between brokerages.
✔✔What may be required instead of a real estate license in some business exchanges?
- ✔✔Accreditation
✔✔What is an occupational tax in Georgia? - ✔✔A tax on those conducting business,
applicable to brokers maintaining an office in a city or county.
✔✔What must Georgia licensees disclose when acting as a principal in a transaction? -
✔✔Their license status to all parties involved.
✔✔What must a licensee do if they want to buy a property their brokerage has listed? -
✔✔Notify their broker in writing of their intentions.
✔✔What is required for licensees advertising their own property? - ✔✔They must
identify themselves as a licensee and run ads in the broker's name unless they have
written permission to do otherwise.
✔✔What are the qualifications for a salesperson's license candidate in Georgia? -
✔✔Must be a Georgia resident, at least 18 years old, and a high school graduate or
GED holder.
✔✔What is the minimum education requirement for a salesperson's license in Georgia?
- ✔✔Complete 75 hours of pre-licensing coursework.
✔✔What must applicants submit to apply for a salesperson's license? - ✔✔A certified
criminal history report and an affidavit from the sponsoring broker.
ANSWERS SURE A+
✔✔What is prohibited when entering into a brokerage agreement? - ✔✔Entering
knowingly when another broker already has an exclusive agreement.
✔✔What is required before offering a property for sale or lease? - ✔✔The owner's
knowledge and consent.
✔✔What is unauthorized dual agency? - ✔✔Acting as an agent for both parties without
written consent.
✔✔What must be disclosed about agency relationships? - ✔✔They must be disclosed
to all parties within a reasonable timeframe.
✔✔What must a licensee disclose if they have a personal interest in a transaction? -
✔✔That they are a principal or have a conflict of interest.
✔✔What is a requirement for property management agreements? - ✔✔They must
include property identification and terms between the manager and owner.
✔✔What must brokers obtain if responsible for more than $60,000 in community
association management? - ✔✔A fidelity bond or fidelity insurance.
✔✔What is the maximum fine for multiple violations per hearing? - ✔✔$5,000.
✔✔What is a penalty that GREC can impose on a licensee? - ✔✔License revocation.
✔✔What must be done with written offers in real estate transactions? - ✔✔They must
be presented as soon as feasibly possible.
✔✔What illegal practice involves falsifying amounts of money? - ✔✔Falsifying any
amount of money.
✔✔What is business brokerage? - ✔✔A service where a broker assists others in selling
business interests.
✔✔What credential may business brokers seek? - ✔✔Accredited Business Intermediary
(ABI) or Certified Business Intermediary (CBI).
✔✔What must a broker do before writing any offers? - ✔✔Disclose details of brokerage
relationships to all parties.
, ✔✔What is kiting in real estate transactions? - ✔✔Presenting false documentation
showing a higher sales price to a lender.
✔✔What must property management agreements include regarding termination? -
✔✔Terms and conditions of termination.
✔✔What is required for brokers using fidelity bonds? - ✔✔Maintain a separate bond for
each association.
✔✔What must be done with transactional documents? - ✔✔All parties must receive
copies, and brokers must maintain them for at least three years.
✔✔What is a requirement for exclusive brokerage engagement agreements? - ✔✔They
must have a definite expiration date.
✔✔What must brokers disclose about compensation sources? - ✔✔Including referral
fees or cooperative agreements between brokerages.
✔✔What may be required instead of a real estate license in some business exchanges?
- ✔✔Accreditation
✔✔What is an occupational tax in Georgia? - ✔✔A tax on those conducting business,
applicable to brokers maintaining an office in a city or county.
✔✔What must Georgia licensees disclose when acting as a principal in a transaction? -
✔✔Their license status to all parties involved.
✔✔What must a licensee do if they want to buy a property their brokerage has listed? -
✔✔Notify their broker in writing of their intentions.
✔✔What is required for licensees advertising their own property? - ✔✔They must
identify themselves as a licensee and run ads in the broker's name unless they have
written permission to do otherwise.
✔✔What are the qualifications for a salesperson's license candidate in Georgia? -
✔✔Must be a Georgia resident, at least 18 years old, and a high school graduate or
GED holder.
✔✔What is the minimum education requirement for a salesperson's license in Georgia?
- ✔✔Complete 75 hours of pre-licensing coursework.
✔✔What must applicants submit to apply for a salesperson's license? - ✔✔A certified
criminal history report and an affidavit from the sponsoring broker.
