Georgia Real Estate U Final Exam TEST BANK | All i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Possible Questions with Verified Answers | 100% i,- i,- i,- i,- i,- i,- i,-
Correct| Latest 2025/2026 Update. i,- i,- i,-
A family is going to build their dream home, and they've looked
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
at several house plans, but they haven't found one that is exactly
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
right. They'd like to take some parts from one plan and combine
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
it with parts from another, with some additional innovations of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
their own. They want someone who can design and plan their
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
home and work with the contractors to build it. The person they
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
need to find is ...? An Architect
i,- i,- i,- i,- i,- i,- i,-
Single family homes are...? i,- i,- i,- i,- i,- Private freestanding residential i,- i,- i,-
houses
The effect of the first-time homebuyer's tax credit was to...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Motivate people to buy homes i,- i,- i,- i,-
Real estate agents work with...?
i,- i,- i,- i,- i,- i,-Buyers and Sellers i,- i,-
When supply is plentiful and demand is low...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- Prices drop i,-
,Sam is looking for a warehouse, and he wants to find a real estate
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
agent or broker who is knowledgeable in this area. He's starting a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
business, and it will require space for assembly and production,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
but he also needs to be able to use it for distribution,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
warehousing, and research and development. He needs to find...? i,- i,- i,- i,- i,- i,- i,- i,- i,-
A agent that specializes in industrial property
i,- i,- i,- i,- i,- i,- i,-
Single-family homes and single-family lots are always i,- i,- i,- i,- i,- i,- i,-
considered...? Residential Property i,- i,- i,-
Fill in the blank. ............ represent both the buyer and seller or
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
both the tenant and landlord in the same transaction.
i,- i,- Dual i,- i,- i,- i,- i,- i,- i,- i,- i,-
Agents
If you serve in the army reserve and are studying to be a broker,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
you effectively get 10 points added to your score. Which of the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
following is true? 5 points are added in each of Information
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Gathering and Decision Making sections. i,- i,- i,- i,-
If the Commission denies your application based on a conviction
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
or disciplinary action, what rights do you have?
i,- You have the i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
right to a hearing for a final determination.
i,- i,- i,- i,- i,- i,- i,-
,Every salesperson has to provide the Commission with evidence
i,- i,- i,- i,- i,- i,- i,- i,- i,-
that they completed a ............ post-license course within one year
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of obtaining their license.
i,- 25 hours i,- i,- i,- i,- i,-
Hans Rosenstein moved from Florida, where he was a sales agent,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
to Georgia. Hans completed his post-license course in Florida, a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
state considered similar to Georgia in terms of real estate law.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Does Hans have to take the post-license course in Georgia?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
No
What is a lien theory state? The homeowner holds the deed
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
for the property throughout the entire loan.
i,- i,- i,- i,- i,- i,-
There is a mixed-use property for sale in Cassie's community, and
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
a buyer walks into her office looking for a residential space.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Should Cassie consider showing him the property zoned mixed-
i,- i,- i,- i,- i,- i,- i,- i,-
use? Yes, because mixed-use is a combination of commercial
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
and residential real estate
i,- i,- i,-
An investor who bought a rental house needs someone to take
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
care of the property, screen prospective renters, coordinate
i,- i,- i,- i,- i,- i,- i,- i,-
repairs, handle maintenance and tenant concerns, and evictions, if
i,- i,- i,- i,- i,- i,- i,- i,- i,-
necessary. He's looking for a...? Property manager i,- i,- i,- i,- i,- i,- i,-
, In economics, supply is...?
i,- The quantity of goods or services i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
available, whether in abundance or scarcity. i,- i,- i,- i,- i,-
In economics, demand is...?
i,- The supply of willing and able i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
consumers, which can be few or numerous. i,- i,- i,- i,- i,- i,-
When the supply is limited and demand is high...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- Prices i,-
escalate
To become a real estate broker, a person must have...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Experience as an agent, a broker's license, and additional
i,- i,- i,- i,- i,- i,- i,- i,- i,-
education.
Real estate brokers are paid a commission for the sales, and...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
The commission, which can vary, is split between the broker
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
and agent. i,-
Property types are generally categorized by the ............ that
i,- i,- i,- i,- i,- i,- i,- i,- i,-
applies to that property. Zoning Law
i,- i,- i,- i,- i,- i,-
Jolie Harper is a licensed real estate agent in a Georgia
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
brokerage. She is offered a job selling condos for the unlicensed
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Possible Questions with Verified Answers | 100% i,- i,- i,- i,- i,- i,- i,-
Correct| Latest 2025/2026 Update. i,- i,- i,-
A family is going to build their dream home, and they've looked
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
at several house plans, but they haven't found one that is exactly
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
right. They'd like to take some parts from one plan and combine
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
it with parts from another, with some additional innovations of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
their own. They want someone who can design and plan their
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
home and work with the contractors to build it. The person they
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
need to find is ...? An Architect
i,- i,- i,- i,- i,- i,- i,-
Single family homes are...? i,- i,- i,- i,- i,- Private freestanding residential i,- i,- i,-
houses
The effect of the first-time homebuyer's tax credit was to...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Motivate people to buy homes i,- i,- i,- i,-
Real estate agents work with...?
i,- i,- i,- i,- i,- i,-Buyers and Sellers i,- i,-
When supply is plentiful and demand is low...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- Prices drop i,-
,Sam is looking for a warehouse, and he wants to find a real estate
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
agent or broker who is knowledgeable in this area. He's starting a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
business, and it will require space for assembly and production,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
but he also needs to be able to use it for distribution,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
warehousing, and research and development. He needs to find...? i,- i,- i,- i,- i,- i,- i,- i,- i,-
A agent that specializes in industrial property
i,- i,- i,- i,- i,- i,- i,-
Single-family homes and single-family lots are always i,- i,- i,- i,- i,- i,- i,-
considered...? Residential Property i,- i,- i,-
Fill in the blank. ............ represent both the buyer and seller or
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
both the tenant and landlord in the same transaction.
i,- i,- Dual i,- i,- i,- i,- i,- i,- i,- i,- i,-
Agents
If you serve in the army reserve and are studying to be a broker,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
you effectively get 10 points added to your score. Which of the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
following is true? 5 points are added in each of Information
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Gathering and Decision Making sections. i,- i,- i,- i,-
If the Commission denies your application based on a conviction
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
or disciplinary action, what rights do you have?
i,- You have the i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
right to a hearing for a final determination.
i,- i,- i,- i,- i,- i,- i,-
,Every salesperson has to provide the Commission with evidence
i,- i,- i,- i,- i,- i,- i,- i,- i,-
that they completed a ............ post-license course within one year
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of obtaining their license.
i,- 25 hours i,- i,- i,- i,- i,-
Hans Rosenstein moved from Florida, where he was a sales agent,
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
to Georgia. Hans completed his post-license course in Florida, a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
state considered similar to Georgia in terms of real estate law.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Does Hans have to take the post-license course in Georgia?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
No
What is a lien theory state? The homeowner holds the deed
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
for the property throughout the entire loan.
i,- i,- i,- i,- i,- i,-
There is a mixed-use property for sale in Cassie's community, and
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
a buyer walks into her office looking for a residential space.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Should Cassie consider showing him the property zoned mixed-
i,- i,- i,- i,- i,- i,- i,- i,-
use? Yes, because mixed-use is a combination of commercial
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
and residential real estate
i,- i,- i,-
An investor who bought a rental house needs someone to take
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
care of the property, screen prospective renters, coordinate
i,- i,- i,- i,- i,- i,- i,- i,-
repairs, handle maintenance and tenant concerns, and evictions, if
i,- i,- i,- i,- i,- i,- i,- i,- i,-
necessary. He's looking for a...? Property manager i,- i,- i,- i,- i,- i,- i,-
, In economics, supply is...?
i,- The quantity of goods or services i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
available, whether in abundance or scarcity. i,- i,- i,- i,- i,-
In economics, demand is...?
i,- The supply of willing and able i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
consumers, which can be few or numerous. i,- i,- i,- i,- i,- i,-
When the supply is limited and demand is high...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- Prices i,-
escalate
To become a real estate broker, a person must have...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Experience as an agent, a broker's license, and additional
i,- i,- i,- i,- i,- i,- i,- i,- i,-
education.
Real estate brokers are paid a commission for the sales, and...?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
The commission, which can vary, is split between the broker
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
and agent. i,-
Property types are generally categorized by the ............ that
i,- i,- i,- i,- i,- i,- i,- i,- i,-
applies to that property. Zoning Law
i,- i,- i,- i,- i,- i,-
Jolie Harper is a licensed real estate agent in a Georgia
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
brokerage. She is offered a job selling condos for the unlicensed
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
