GA Real Estate License Exam 2023 with complete solution
Georgia Real Estate Commission size
6 members
Georgia Real Estate Commission appointed by
Governor of Georgia
Georgia Real Estate Commission confirmed by
Georgia state senate
How long are each of the Georgia Real Estate Commission members' terms?
5 years
How many members of the 6-member Georgia Real Estate commission must be
real estate licensees?
5
Does the sixth member of the Georgia Real Estate Commission have any interest
in the real estate industry?
No, they must have an interest in consumer affairs only
How are the Georgia Real Estate Commission members' terms staggered?
Only one licensee member's term can expire each year
How long must one be actively licensed to qualify as member of the Georgia Real
Estate Commission?
5 years
How long must one be a resident of Georgia to qualify as a Georgia Real Estate
Commission member?
5 years
What is the first purpose of the real estate license law and the members of the
Commission who enforce it?
To protect the public from any harmful acts of people acting as real estate licensees by
assuring that licensees meet basic levels of competency. This includes either intentional
or unintentional acts.
What is the second purpose of the real estate license law and the members of the
Commission who enforce it?
To create a regulatory environment for the real estate industry that is reasonable and
allows the licensee to attain economic success
Commission members' responsibilities
1. Developing a spirit of cooperation and unity among Commission members; 2.
Evaluating staff operations; 3. Establishing a fair qualifying process; 4. Establishing a
fair and unbiased hearing process; 5. Communicating with the industry and the public.
What section of law is the Georgia Real Estate Commission's authority based
upon?
Statutory law
Statutory law
The written law established by enactments expressing the will of the legislature, as
distinguished from the unwritten law or common law.
What is the purpose of the Commission's rules and regulations?
To clarify sections of the real estate law
,Who administers the license law that regulates brokers, salespersons, and
community association managers?
The Georgia Real Estate Commission
Who's authority involves these four separate categories? 1. Issuing licenses; 2.
Taking disciplinary action; 3. Passing rules and regulations; 4. Establishing fees
The Georgia Real Estate Commission
Rules and regulations set forth by the Georgia Real Estate Commission may only
be adopted if they fall under the "umbrella" of which type of Georgia law?
License law
Is it against the law to practice real estate without a license?
Yes
What does the Commission have the authority to do if a person is discovered
practicing real estate without a license?
Issue a cease and desist order and impose a fine of up to $1,000 per day for the
violation
What level of offense is practicing real estate without a license?
Misdemeanor
What is the jail sentence for practicing real estate without a license, imposed by
the courts?
One year or less
Who is exempted from having a real estate license? (1)
An owner of real estate, the spouse of an owner, a prospective purchaser or their
regular employees or spouses
Who is exempted from having a real estate license? (2)
An attorney in fact under a duly executed power of attorney to convey real estate from
the owner/lessor.
Who is exempted from having a real estate license? (3)
An attorney at law acting solely as an incident to the practice of law.
Who is exempted from having a real estate license? (4)
Any person acting as receiver, trustee in bankruptcy, administrator, executor, or
guardian or while acting under a court order or under the authority of a will or of a trust
instrument
Who is exempted from having a real estate license? (5)
Any officer or employee of a government agency in the conduct of official duties.
Who is exempted from having a real estate license? (6)
Any person employed full-time by a public or private utility who performs any act with
reference to property owned, leased, or to be acquired by the utility employing that
person, where such acts are performed in the regular course of the management of
such property and the investment therein.
Who is exempted from having a real estate license? (7)
A manager of residential properties if the contract has been approved by a federal
agency
Who is exempted from having a real estate license? (8)
*Full-time employees of the property owner, who have been employed to provide
property management services.
Who is exempted from having a real estate license? (9)
,Any person acting as a referral agent, who is not involved in the actual negotiations,
execution of documents, etc.
Who is exempted from having a real estate license? (10)
Any *individual employed by a broker to assist in property management services on
residential property, provided that such individual's activities are explicitly authorized by
the broker in a written agreement between the broker and the employee and provided
that such activities are limited.
The Innkeeper's Exemption
Any person who provides property management services on properties available for
less than 90 days' occupancy by guests or occupants and meets certain conditions is
exempt from license law
Applications to the Commission of a real estate licensee are
Confidential
Applicants for a salesperson's license must be: (1)
18 or older
Applicants for a salesperson's license must be: (2)
A resident of the state of Georgia (unless the person has fully complied with the
provisions regarding out of state licenses)
Applicants for a salesperson's license must be: (3)
A high school graduate or the holder of a certificate of equivalency
Applicants for a salesperson's license must be: (4)
A proven student of an approved 75-hour salesperson's course
Applicants for a salesperson's license must be: (5)
A passer of a real estate examination administered or approved by the Commission
covering general matters of importance to real estate brokers and salespersons
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (1)
21 or older
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (2)
Served 3 years as a salesperson licensee
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (3)
60 hours in a broker's course approved by the Commission
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (4)
A passer of a real estate examination administered by or approved by the Commission
covering the general matters of importance to real estate brokers.
Once a salesperson has been issued his original license, he must satisfactorily
complete a _____ of study within ____ year(s) of licensure. This is the mandatory
_____
25-hour course; 1; Post-license educational requirement
What happens to a salesperson's license if they do not complete the 25-hour
post-license course in a timely manner?
It will lapse and his wall certificate of licensure and pocket card must immediately be
given to the Commission
, When may a salesperson with a lapsed license for failure to complete the post-
license course reinstate the license?
Within six months of the lapsing of the license, if certain conditions are met
The license period in Georgia is __ years.
4
What day does the licensee renew his or her license?
After 4 years on the last day of the birth month of the applicant
What is required when renewing a salesperson's license after 4 years?
Proof of completion of 36 hours of continuing education requirements and payment of
the renewal fee.
Inactive status
Temporarily discontinued active involvement in real estate. Not permitted to practice
real estate. Required to take the 25-hour post-license course for new licensees and to
pay the same renewal fees as an active licensee.
How long is inactive status valid?
An indefinite period of time as long as the licensee is up-to-days on continuing
education requirements of nine (9) hours per year.
Real estate licenses may be issued to these entities in Georgia: (1)
Sole proprietorships
Real estate licenses may be issued to these entities in Georgia: (2)
Partnerships
Real estate licenses may be issued to these entities in Georgia: (3)
Corporations
Real estate licenses may be issued to these entities in Georgia: (4)
Limited liability companies (LLC)
How many people in an entity must hold a broker's license to be issued a real
estate license?
One (1) person
Reciprocity
The Commission has the authority to enter into written agreements with similar licensing
authorities of other states. This is known as
A score of __% or higher on the License Exam is required for licensure
75
The requirements for the salesperson or community association manager license
applicant are: (1)
Must apply within 3 months of the date of the exam and pay a fee; OR after 3 months of
the exam date but before 12 months, with a double fee.
The requirements for the salesperson or community association manager license
applicant are: (2)
Application must include the signature of the applicant's employing broker; OR, if there
isn't an employing broker, the applicant may apply for an inactive license.
The requirements for a broker license applicant are as follows: (1)
Applicant must apply for the broker license within one year of the exam date
The requirements for a broker license applicant are as follows: (2)
Georgia Real Estate Commission size
6 members
Georgia Real Estate Commission appointed by
Governor of Georgia
Georgia Real Estate Commission confirmed by
Georgia state senate
How long are each of the Georgia Real Estate Commission members' terms?
5 years
How many members of the 6-member Georgia Real Estate commission must be
real estate licensees?
5
Does the sixth member of the Georgia Real Estate Commission have any interest
in the real estate industry?
No, they must have an interest in consumer affairs only
How are the Georgia Real Estate Commission members' terms staggered?
Only one licensee member's term can expire each year
How long must one be actively licensed to qualify as member of the Georgia Real
Estate Commission?
5 years
How long must one be a resident of Georgia to qualify as a Georgia Real Estate
Commission member?
5 years
What is the first purpose of the real estate license law and the members of the
Commission who enforce it?
To protect the public from any harmful acts of people acting as real estate licensees by
assuring that licensees meet basic levels of competency. This includes either intentional
or unintentional acts.
What is the second purpose of the real estate license law and the members of the
Commission who enforce it?
To create a regulatory environment for the real estate industry that is reasonable and
allows the licensee to attain economic success
Commission members' responsibilities
1. Developing a spirit of cooperation and unity among Commission members; 2.
Evaluating staff operations; 3. Establishing a fair qualifying process; 4. Establishing a
fair and unbiased hearing process; 5. Communicating with the industry and the public.
What section of law is the Georgia Real Estate Commission's authority based
upon?
Statutory law
Statutory law
The written law established by enactments expressing the will of the legislature, as
distinguished from the unwritten law or common law.
What is the purpose of the Commission's rules and regulations?
To clarify sections of the real estate law
,Who administers the license law that regulates brokers, salespersons, and
community association managers?
The Georgia Real Estate Commission
Who's authority involves these four separate categories? 1. Issuing licenses; 2.
Taking disciplinary action; 3. Passing rules and regulations; 4. Establishing fees
The Georgia Real Estate Commission
Rules and regulations set forth by the Georgia Real Estate Commission may only
be adopted if they fall under the "umbrella" of which type of Georgia law?
License law
Is it against the law to practice real estate without a license?
Yes
What does the Commission have the authority to do if a person is discovered
practicing real estate without a license?
Issue a cease and desist order and impose a fine of up to $1,000 per day for the
violation
What level of offense is practicing real estate without a license?
Misdemeanor
What is the jail sentence for practicing real estate without a license, imposed by
the courts?
One year or less
Who is exempted from having a real estate license? (1)
An owner of real estate, the spouse of an owner, a prospective purchaser or their
regular employees or spouses
Who is exempted from having a real estate license? (2)
An attorney in fact under a duly executed power of attorney to convey real estate from
the owner/lessor.
Who is exempted from having a real estate license? (3)
An attorney at law acting solely as an incident to the practice of law.
Who is exempted from having a real estate license? (4)
Any person acting as receiver, trustee in bankruptcy, administrator, executor, or
guardian or while acting under a court order or under the authority of a will or of a trust
instrument
Who is exempted from having a real estate license? (5)
Any officer or employee of a government agency in the conduct of official duties.
Who is exempted from having a real estate license? (6)
Any person employed full-time by a public or private utility who performs any act with
reference to property owned, leased, or to be acquired by the utility employing that
person, where such acts are performed in the regular course of the management of
such property and the investment therein.
Who is exempted from having a real estate license? (7)
A manager of residential properties if the contract has been approved by a federal
agency
Who is exempted from having a real estate license? (8)
*Full-time employees of the property owner, who have been employed to provide
property management services.
Who is exempted from having a real estate license? (9)
,Any person acting as a referral agent, who is not involved in the actual negotiations,
execution of documents, etc.
Who is exempted from having a real estate license? (10)
Any *individual employed by a broker to assist in property management services on
residential property, provided that such individual's activities are explicitly authorized by
the broker in a written agreement between the broker and the employee and provided
that such activities are limited.
The Innkeeper's Exemption
Any person who provides property management services on properties available for
less than 90 days' occupancy by guests or occupants and meets certain conditions is
exempt from license law
Applications to the Commission of a real estate licensee are
Confidential
Applicants for a salesperson's license must be: (1)
18 or older
Applicants for a salesperson's license must be: (2)
A resident of the state of Georgia (unless the person has fully complied with the
provisions regarding out of state licenses)
Applicants for a salesperson's license must be: (3)
A high school graduate or the holder of a certificate of equivalency
Applicants for a salesperson's license must be: (4)
A proven student of an approved 75-hour salesperson's course
Applicants for a salesperson's license must be: (5)
A passer of a real estate examination administered or approved by the Commission
covering general matters of importance to real estate brokers and salespersons
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (1)
21 or older
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (2)
Served 3 years as a salesperson licensee
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (3)
60 hours in a broker's course approved by the Commission
An applicant who wishes to qualify for a broker or associate broker's
license must meet the salespersons licensee conditions, plus: (4)
A passer of a real estate examination administered by or approved by the Commission
covering the general matters of importance to real estate brokers.
Once a salesperson has been issued his original license, he must satisfactorily
complete a _____ of study within ____ year(s) of licensure. This is the mandatory
_____
25-hour course; 1; Post-license educational requirement
What happens to a salesperson's license if they do not complete the 25-hour
post-license course in a timely manner?
It will lapse and his wall certificate of licensure and pocket card must immediately be
given to the Commission
, When may a salesperson with a lapsed license for failure to complete the post-
license course reinstate the license?
Within six months of the lapsing of the license, if certain conditions are met
The license period in Georgia is __ years.
4
What day does the licensee renew his or her license?
After 4 years on the last day of the birth month of the applicant
What is required when renewing a salesperson's license after 4 years?
Proof of completion of 36 hours of continuing education requirements and payment of
the renewal fee.
Inactive status
Temporarily discontinued active involvement in real estate. Not permitted to practice
real estate. Required to take the 25-hour post-license course for new licensees and to
pay the same renewal fees as an active licensee.
How long is inactive status valid?
An indefinite period of time as long as the licensee is up-to-days on continuing
education requirements of nine (9) hours per year.
Real estate licenses may be issued to these entities in Georgia: (1)
Sole proprietorships
Real estate licenses may be issued to these entities in Georgia: (2)
Partnerships
Real estate licenses may be issued to these entities in Georgia: (3)
Corporations
Real estate licenses may be issued to these entities in Georgia: (4)
Limited liability companies (LLC)
How many people in an entity must hold a broker's license to be issued a real
estate license?
One (1) person
Reciprocity
The Commission has the authority to enter into written agreements with similar licensing
authorities of other states. This is known as
A score of __% or higher on the License Exam is required for licensure
75
The requirements for the salesperson or community association manager license
applicant are: (1)
Must apply within 3 months of the date of the exam and pay a fee; OR after 3 months of
the exam date but before 12 months, with a double fee.
The requirements for the salesperson or community association manager license
applicant are: (2)
Application must include the signature of the applicant's employing broker; OR, if there
isn't an employing broker, the applicant may apply for an inactive license.
The requirements for a broker license applicant are as follows: (1)
Applicant must apply for the broker license within one year of the exam date
The requirements for a broker license applicant are as follows: (2)
