Transfer of Title - GA Salesperson Exam Prep Edge:
National & State Portions: GA Salesperson Exam Prep
Edge: National & State Portions Questions with 100%
CORRECT Answers
About your licensing exam - ---Georgia real estate licensing exams are administered by PSI. The exam
consists of 2 portions, but the questions are intermixed.
-Time limit: 4 hours
-National portion: 100 scored questions (may include 5 pretest/unscored questions)
-State portion: 52 scored questions (may include 5 pretest/unscored questions)
-Minimum scaled passing score: 72 (or 109 questions answered correctly)
If you don't pass the exam, you'll receive reapplication instructions so you can take the exam again.
The state's candidate bulletin includes a list of topics and subtopics and the ratios in which those
topics will appear on the exam. It also includes important information about the process for
registering for the exam and exam location guidelines. We've included a link to the bulletin in your
resources so you can locate information for your state.
\dQuestion style - ---In addition to traditional multiple choice questions with 4 choices and one
correct choice, the state portion of the exam may include questions with multiple statements and
ask you to select the choice that identifies the correct statements. Here's the sample question that's
presented in the candidate handbook:
1. To qualify for a salesperson's license in Georgia, which of the following are required of an
applicant?
I. complete the required relicense coursework
II. attain the age of 21 years
III. be a high school graduate or holder of a certificate of equivalency
IV. be a U.S. citizen
A. I and III only
B. I and IV only
C. II and III only
D. II and IV only
In this sample question, option A is the correct choice.
, \d1. A real estate transaction has a closing date of May 20. The seller, who's responsible for closing
costs up to but not including the day of closing, has already paid annual property taxes of $1,949.
How will the closing statement reflect the proration for the seller? Use a calendar year proration,
and round to the nearest dollar.
Topic: Real estate calculations
Subtopic: Calculations for transactions - ---credited $1,207
\d2. Which of these is true regarding the Georgia Real Estate Commission's licensing power?
Topic: State Laws and Rules
Subtopic: Commission organization and Procedures - ---it may grant or revoke a firm's license
\d3. Jules is new to property management. Which of the following tasks may be one of her duties?
Topic: leasing and property management
subtopic: landlord and tenant rights and obligations - ---creating a budget for next year's projected
maintenance costs
\d4. Eva, Stella, and Lynn owned a vacation home two blocks from the beach. Sadly, Stella passed
away over the winter, so when summer arrived, Eva and Lynn shared the home with Stella's nephew
Drew, to whom Stella willed her share of the property. What type of ownership is this?
topic: property ownership
subtopic: types of ownership - ---tenancy in common
\d5. Chrissy lives in Lake Ridge Estates, a neighborhood in which vinyl siding may not be used on
homes. This HOA regulation is what kind of private land control?
topic: land use controls and regulations
subtopic: private controls - ---CC&R
\d6. Fewer buyers in a higher price range would create what kind of pressure on housing prices?
topic: valuation and market analysis
subtopic: estimating value - ---downward
\d7. Which of the following factors helps the IRS determine whether a licensee is classified as an
employee or an independent contractor?
topic: practice of real estate
National & State Portions: GA Salesperson Exam Prep
Edge: National & State Portions Questions with 100%
CORRECT Answers
About your licensing exam - ---Georgia real estate licensing exams are administered by PSI. The exam
consists of 2 portions, but the questions are intermixed.
-Time limit: 4 hours
-National portion: 100 scored questions (may include 5 pretest/unscored questions)
-State portion: 52 scored questions (may include 5 pretest/unscored questions)
-Minimum scaled passing score: 72 (or 109 questions answered correctly)
If you don't pass the exam, you'll receive reapplication instructions so you can take the exam again.
The state's candidate bulletin includes a list of topics and subtopics and the ratios in which those
topics will appear on the exam. It also includes important information about the process for
registering for the exam and exam location guidelines. We've included a link to the bulletin in your
resources so you can locate information for your state.
\dQuestion style - ---In addition to traditional multiple choice questions with 4 choices and one
correct choice, the state portion of the exam may include questions with multiple statements and
ask you to select the choice that identifies the correct statements. Here's the sample question that's
presented in the candidate handbook:
1. To qualify for a salesperson's license in Georgia, which of the following are required of an
applicant?
I. complete the required relicense coursework
II. attain the age of 21 years
III. be a high school graduate or holder of a certificate of equivalency
IV. be a U.S. citizen
A. I and III only
B. I and IV only
C. II and III only
D. II and IV only
In this sample question, option A is the correct choice.
, \d1. A real estate transaction has a closing date of May 20. The seller, who's responsible for closing
costs up to but not including the day of closing, has already paid annual property taxes of $1,949.
How will the closing statement reflect the proration for the seller? Use a calendar year proration,
and round to the nearest dollar.
Topic: Real estate calculations
Subtopic: Calculations for transactions - ---credited $1,207
\d2. Which of these is true regarding the Georgia Real Estate Commission's licensing power?
Topic: State Laws and Rules
Subtopic: Commission organization and Procedures - ---it may grant or revoke a firm's license
\d3. Jules is new to property management. Which of the following tasks may be one of her duties?
Topic: leasing and property management
subtopic: landlord and tenant rights and obligations - ---creating a budget for next year's projected
maintenance costs
\d4. Eva, Stella, and Lynn owned a vacation home two blocks from the beach. Sadly, Stella passed
away over the winter, so when summer arrived, Eva and Lynn shared the home with Stella's nephew
Drew, to whom Stella willed her share of the property. What type of ownership is this?
topic: property ownership
subtopic: types of ownership - ---tenancy in common
\d5. Chrissy lives in Lake Ridge Estates, a neighborhood in which vinyl siding may not be used on
homes. This HOA regulation is what kind of private land control?
topic: land use controls and regulations
subtopic: private controls - ---CC&R
\d6. Fewer buyers in a higher price range would create what kind of pressure on housing prices?
topic: valuation and market analysis
subtopic: estimating value - ---downward
\d7. Which of the following factors helps the IRS determine whether a licensee is classified as an
employee or an independent contractor?
topic: practice of real estate
