COLIBRI REAL ESTATE EXAM 2024-2025
ACTUAL EXAM 2 VERSIONS (VERSION A
AND B) COMPLETE 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
VERSION A
Broker Jackson has given salesperson Anantha
permission to hold trust funds in a designated trust
account that she owns. Jackson is obligated to give
all of the following information the Commission
EXCEPT
A) Anantha's name.
B) The account number of Anantha's trust account.
C) A quarterly reconciliation statement on the
account.
D) The name of the bank where Anantha maintains
the account. - ....ANSWER...C) A quarterly
reconciliation statement on the account.
,Broker Chelsea falsified proof of completion of
continuing education to renew her license. The
Commission can do any of the following EXCEPT
A) refuse to renew her license.
B) convict her of a crime.
C) suspend her license.
D) revoke her license. - ....ANSWER...B) convict her
of a crime.
Commission members must be Georgia residents for
at least how long before they are eligible for
appointment?
A) 2 years
B) 5 years
C) 8 years
D) 10 years - ....ANSWER...B) 5 years
Money deposited in the Recovery Fund can come
from all but which of the following sources?
,A) Excess funds transferred from the state treasury
at the end of each year
B) A yearly fee assessed to all licensees
C) Funds received from redeeming security
investments
D) Fees for new licenses - ....ANSWER...A) Excess
funds transferred from the state treasury at the end
of each year
Which of the following situations would NOT result in
the initiation of a licensing action against a licensee?
A) A salesperson does not present an offer to a
seller after the seller has accepted a previous offer.
B) A broker waits for a higher offer before
presenting an existing offer.
C) A salesperson fails to present an offer to a seller.
D) A broker holds all the offers to purchase so he
can approach the seller with a single presentation. -
....ANSWER...A) A salesperson does not present an
offer to a seller after the seller has accepted a
previous offer.
, The Georgia Real Estate Commission has the
authority to
A) make and enforce the rules for real estate
licensees.
B) compose the exam questions for the licensing
exam.
C) administer the Georgia Appraisal Act.
D) enact the laws that govern real estate licenses. -
....ANSWER...A) make and enforce the rules for real
estate licensees.
Broker Hammond has developed a web site to
advertise his services. What does he need to include
on his site?
A) Brokerage name and office telephone number
B) Name and address of his office and the firm
license number
C) names and addresses of all the firm's active
licensees
D) Whatever he wants, as there are no specific
requirements for web advertising. - ....ANSWER...A)
Brokerage name and office telephone number
ACTUAL EXAM 2 VERSIONS (VERSION A
AND B) COMPLETE 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
VERSION A
Broker Jackson has given salesperson Anantha
permission to hold trust funds in a designated trust
account that she owns. Jackson is obligated to give
all of the following information the Commission
EXCEPT
A) Anantha's name.
B) The account number of Anantha's trust account.
C) A quarterly reconciliation statement on the
account.
D) The name of the bank where Anantha maintains
the account. - ....ANSWER...C) A quarterly
reconciliation statement on the account.
,Broker Chelsea falsified proof of completion of
continuing education to renew her license. The
Commission can do any of the following EXCEPT
A) refuse to renew her license.
B) convict her of a crime.
C) suspend her license.
D) revoke her license. - ....ANSWER...B) convict her
of a crime.
Commission members must be Georgia residents for
at least how long before they are eligible for
appointment?
A) 2 years
B) 5 years
C) 8 years
D) 10 years - ....ANSWER...B) 5 years
Money deposited in the Recovery Fund can come
from all but which of the following sources?
,A) Excess funds transferred from the state treasury
at the end of each year
B) A yearly fee assessed to all licensees
C) Funds received from redeeming security
investments
D) Fees for new licenses - ....ANSWER...A) Excess
funds transferred from the state treasury at the end
of each year
Which of the following situations would NOT result in
the initiation of a licensing action against a licensee?
A) A salesperson does not present an offer to a
seller after the seller has accepted a previous offer.
B) A broker waits for a higher offer before
presenting an existing offer.
C) A salesperson fails to present an offer to a seller.
D) A broker holds all the offers to purchase so he
can approach the seller with a single presentation. -
....ANSWER...A) A salesperson does not present an
offer to a seller after the seller has accepted a
previous offer.
, The Georgia Real Estate Commission has the
authority to
A) make and enforce the rules for real estate
licensees.
B) compose the exam questions for the licensing
exam.
C) administer the Georgia Appraisal Act.
D) enact the laws that govern real estate licenses. -
....ANSWER...A) make and enforce the rules for real
estate licensees.
Broker Hammond has developed a web site to
advertise his services. What does he need to include
on his site?
A) Brokerage name and office telephone number
B) Name and address of his office and the firm
license number
C) names and addresses of all the firm's active
licensees
D) Whatever he wants, as there are no specific
requirements for web advertising. - ....ANSWER...A)
Brokerage name and office telephone number
