Georgia Real Estate Exam Prep Guide 2025-2025
Accession - correct answerThe acquisition of title by the owner of real property to those
things attached to the property by others, such as tenants, trespassers, or by nature.
Acre - correct answerA measure of land area equal to 43560 square feet.
43560 - correct answerThe number of squarefeet in one acre.
Active License - correct answerStatus of an individual who has met all qualifications to
practice real estate as a broker, associate broker, or salesperson; and such license is
held by a broker, rather than by the Commission.
Air Lot - correct answerA designated air space over a parcel of land. In condominiums,
each individual unit occupies a separate one.
Air Rights - correct answerThe right to use and enjoy the air space above a parcel of
land. Such rights may be leased or sold separately from the land.
Appurtenance - correct answerAnything that may be used with the land for its benefit
and goes to the new owner when ownership of the land is transferred. Mineral rights, air
rights, water rights, easements, improvements, and natural attachments are examples.
Artificial Monuments - correct answerMan-made objects such as streets, fences, iron
pins, concrete posts, etc.
Associate Broker - correct answerA person who has met all qualifications to be licensed
as a broker, but who elects to act on behalf of another broker in performing any act
authorized by law to be performed by a broker.
Attorney General - correct answerLegal counsel for the state. Whenever the
Commission believes a serious violation of the License Law has occurred, the
____________ may bring an action in the name of the state to enforce compliance.
Baseline - correct answerCertain reference lines which run east and west; used in
rectangular survey system to locate land.
Bench Mark - correct answerA permanent reference point of known location used by
surveyors. A ________ may be a point established by a government survey team or a
fixed monument such as a road right-of-way.
Bill of Sale - correct answerA document which conveys ownership to personal property.
Broker - correct answerAn individual or legal entity licensed to act as the agent of
another in buying, selling, exchanging, renting, leasing, managing, or auctioning real
estate for another.
Call - correct answerThe compass direction and distance for each boundary line.
,Georgia Real Estate Exam Prep Guide 2025-2025
Censure - correct answerDisciplinary power of the Commission whereby it reprimands a
licensee, usually for technical violations occurring for the first time.
Chattel - correct answerPersonal property.
Closure - correct answerThe metes and bounds legal description must return to the
point of beginning or the description is incomplete.
Co-brokering - correct answerParticipation of more than one broker in a real estate
transaction.
Commingling - correct answerMixing funds held in trust with the brokers personal or
business accounts.
The Real Estate Commission - correct answerThe state licensing authority charged with
the enforcement of the Real Estate License Law.
Constructive Severance - correct answerThe transfer to someone other than the owner
of the land the rights to remove attachments such as timber, or buildings, or the right to
remove minerals.
Contour - correct answerThe shape of the earths surface.
Correlative Rights - correct answerThe doctrine of law which allows riparian owners in
certain states to use only a reasonable share of water during periods of drought.
Datum - correct answerA point of surface of known location from which heights and
depths are measured. The basic point from which vertical land(air rights and mineral
rights) is described.
Dual Agency - correct answerRepresenting both the buyer and the seller in the same
transaction. This practice constitutes a violation of License Law, unless both parties give
their written consent.
Earnest Money - correct answerThe purchaser's initial commitment of something of
value to indicate that he/she wants to buy the property according to the terms of the
offer being submitted. _______ deposits received by the broker must be placed in
her/her designated trust account, until the transaction is either closed or otherwise
terminated.
Emblements - correct answerCrops that require annual cultivation. They are considered
personal property even though it is attached to the land.
Escrow Account - correct answerA separate account which a broker must maintain for
the deposit of all funds coming into his/her possession that belongs to others. Before a
, Georgia Real Estate Exam Prep Guide 2025-2025
broker's license will be issued, the broker must authorize the Commission to examine
the account at any time.
Executor - correct answerPerson named in a will to carry out the directions and
requests of the deceased.
Fixture - correct answerAn item that was once personal property but has become real
property because of the manner in which it was attached to the land or its
improvements.
Fructus Industriales - correct answerCrops that are planted and harvested each year.
Fructus Naturales - correct answerGrowing things which require no annual cultivation.
Georgia Administrative Procedures Act - correct answerA state law which requires
administrative bodies such as the Georgia Real Estate Commission to follow certain
procedures in its investigative process and before exercising its disciplinary powers. For
example, before the Commission can impose a sanction against a license, the licensee
must be given a hearing.
Improvements - correct answerAny permanent, man-made attachment to the land, such
as buildings, fences, roads, or pipelines. Also known as arterial attachment.
Inactive License - correct answerStatue of a licensee temporarily unemployed, or who
has otherwise ceased his/her active involvement in the real estate business on behalf of
a broker. During such time, the license is held by the Commission and may remain
there indefinitely, but must be renewed and fees must be paid the same as active
licensees.
Land - correct answerAn area which starts at the center of the earth, passes through the
earth's surface and extends into space.
Law of Capture - correct answerThe law which allows a well drilled on one property to
extract oil or gas reserves from under adjoin properties.
Legal Description - correct answerA description of land legally sufficient to distinguish it
from all other parcels.
Littoral Rights - correct answerA landowners lawful claim to use and enjoy the water of
a large lake or ocean bordering the owned property.
Meridians - correct answerCertain reference lines which run north and south used in the
rectangular survey system to locate land. The north-south line on a compass.
Metes and Bounds - correct answerA method of legally describing land by measuring
directions and distances of its boundary lines.
Accession - correct answerThe acquisition of title by the owner of real property to those
things attached to the property by others, such as tenants, trespassers, or by nature.
Acre - correct answerA measure of land area equal to 43560 square feet.
43560 - correct answerThe number of squarefeet in one acre.
Active License - correct answerStatus of an individual who has met all qualifications to
practice real estate as a broker, associate broker, or salesperson; and such license is
held by a broker, rather than by the Commission.
Air Lot - correct answerA designated air space over a parcel of land. In condominiums,
each individual unit occupies a separate one.
Air Rights - correct answerThe right to use and enjoy the air space above a parcel of
land. Such rights may be leased or sold separately from the land.
Appurtenance - correct answerAnything that may be used with the land for its benefit
and goes to the new owner when ownership of the land is transferred. Mineral rights, air
rights, water rights, easements, improvements, and natural attachments are examples.
Artificial Monuments - correct answerMan-made objects such as streets, fences, iron
pins, concrete posts, etc.
Associate Broker - correct answerA person who has met all qualifications to be licensed
as a broker, but who elects to act on behalf of another broker in performing any act
authorized by law to be performed by a broker.
Attorney General - correct answerLegal counsel for the state. Whenever the
Commission believes a serious violation of the License Law has occurred, the
____________ may bring an action in the name of the state to enforce compliance.
Baseline - correct answerCertain reference lines which run east and west; used in
rectangular survey system to locate land.
Bench Mark - correct answerA permanent reference point of known location used by
surveyors. A ________ may be a point established by a government survey team or a
fixed monument such as a road right-of-way.
Bill of Sale - correct answerA document which conveys ownership to personal property.
Broker - correct answerAn individual or legal entity licensed to act as the agent of
another in buying, selling, exchanging, renting, leasing, managing, or auctioning real
estate for another.
Call - correct answerThe compass direction and distance for each boundary line.
,Georgia Real Estate Exam Prep Guide 2025-2025
Censure - correct answerDisciplinary power of the Commission whereby it reprimands a
licensee, usually for technical violations occurring for the first time.
Chattel - correct answerPersonal property.
Closure - correct answerThe metes and bounds legal description must return to the
point of beginning or the description is incomplete.
Co-brokering - correct answerParticipation of more than one broker in a real estate
transaction.
Commingling - correct answerMixing funds held in trust with the brokers personal or
business accounts.
The Real Estate Commission - correct answerThe state licensing authority charged with
the enforcement of the Real Estate License Law.
Constructive Severance - correct answerThe transfer to someone other than the owner
of the land the rights to remove attachments such as timber, or buildings, or the right to
remove minerals.
Contour - correct answerThe shape of the earths surface.
Correlative Rights - correct answerThe doctrine of law which allows riparian owners in
certain states to use only a reasonable share of water during periods of drought.
Datum - correct answerA point of surface of known location from which heights and
depths are measured. The basic point from which vertical land(air rights and mineral
rights) is described.
Dual Agency - correct answerRepresenting both the buyer and the seller in the same
transaction. This practice constitutes a violation of License Law, unless both parties give
their written consent.
Earnest Money - correct answerThe purchaser's initial commitment of something of
value to indicate that he/she wants to buy the property according to the terms of the
offer being submitted. _______ deposits received by the broker must be placed in
her/her designated trust account, until the transaction is either closed or otherwise
terminated.
Emblements - correct answerCrops that require annual cultivation. They are considered
personal property even though it is attached to the land.
Escrow Account - correct answerA separate account which a broker must maintain for
the deposit of all funds coming into his/her possession that belongs to others. Before a
, Georgia Real Estate Exam Prep Guide 2025-2025
broker's license will be issued, the broker must authorize the Commission to examine
the account at any time.
Executor - correct answerPerson named in a will to carry out the directions and
requests of the deceased.
Fixture - correct answerAn item that was once personal property but has become real
property because of the manner in which it was attached to the land or its
improvements.
Fructus Industriales - correct answerCrops that are planted and harvested each year.
Fructus Naturales - correct answerGrowing things which require no annual cultivation.
Georgia Administrative Procedures Act - correct answerA state law which requires
administrative bodies such as the Georgia Real Estate Commission to follow certain
procedures in its investigative process and before exercising its disciplinary powers. For
example, before the Commission can impose a sanction against a license, the licensee
must be given a hearing.
Improvements - correct answerAny permanent, man-made attachment to the land, such
as buildings, fences, roads, or pipelines. Also known as arterial attachment.
Inactive License - correct answerStatue of a licensee temporarily unemployed, or who
has otherwise ceased his/her active involvement in the real estate business on behalf of
a broker. During such time, the license is held by the Commission and may remain
there indefinitely, but must be renewed and fees must be paid the same as active
licensees.
Land - correct answerAn area which starts at the center of the earth, passes through the
earth's surface and extends into space.
Law of Capture - correct answerThe law which allows a well drilled on one property to
extract oil or gas reserves from under adjoin properties.
Legal Description - correct answerA description of land legally sufficient to distinguish it
from all other parcels.
Littoral Rights - correct answerA landowners lawful claim to use and enjoy the water of
a large lake or ocean bordering the owned property.
Meridians - correct answerCertain reference lines which run north and south used in the
rectangular survey system to locate land. The north-south line on a compass.
Metes and Bounds - correct answerA method of legally describing land by measuring
directions and distances of its boundary lines.
