Georgia Real Estate Exam Questions and Answers 100% Correct(SCORED A+)

Georgia Real Estate Commission members serve terms of four years. five years and serve until a replacement is named. two years and may serve three terms three years and may serve two terms. - ANSWER-five years and serve until a replacement is named. Further regarding trust accounts, which of these statements is correct? All brokers, active and inactive, are required to maintain trust accounts. Only active brokers are required to maintain trust accounts. A firm or broker may maintain only one trust account at a time. Only brokers who accept trust funds must maintain a designated trust account. - ANSWER-Only brokers who accept trust funds must maintain a designated trust account. In order to avoid being held liable for violations committed by independent contractor licensees, brokers must review all contracts. How long after signing must this review take place?