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Colibri Real Estate (Real Estate Express) Final
Exam Review 2023 75-Hour Georgia
Salesperson Prelicense Course
Broker Jane has been accused of a law violation
regarding commissions. Which of the following might
result in her being found guilty?
A) Jane paid a commission to her licensed personal
assistant.
B) Jane paid a commission to the wife of one of her
licensees who was recently killed in an auto accident.
The deceased licensee had earned the commission prior
to his death.
C) Jane paid a commission plus a bonus to one of her
licensees.
D) Jane paid a commission to a Florida licensee who is
not licensed in Georgia for licensing activity in Georgia.
- .....ANSWER ...✔✔ D) Jane paid a commission to a
Florida licensee who is not licensed in Georgia for
licensing activity in Georgia.
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Any salesperson can legally receive her share of the
commission on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a
sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale. -
.....ANSWER ...✔✔ A) her employing broker only.
Which of the following is NOT a protected class under
Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race - .....ANSWER ...✔✔ A) Sexual preference
Syed is an inactive licensee. He just moved to a new
home across town. What must he do?
A) Call the Commission and give it his new address.
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B) Report the address change when he's ready to
reactivate his license.
C) Send a written notice to the Commission within 30
days.
D) Notify the post office to send a change of address
notice to the Commission. - .....ANSWER ...✔✔ C)
Send a written notice to the Commission within 30 days.
How many hours of continuing education must a licensee
complete for each year of licensure?
A) 8 hours
B) 9 hours
C) 5 hours
D) 4 hours - .....ANSWER ...✔✔ B) 9 hours
Glenda is the office manager for a local real estate
firm. She is responsible for coordinating the paperwork
flow through the office, preparing ads and supervising
the clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
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D) exempt from the license law. - .....ANSWER ...✔✔
D) exempt from the license law.
Haru is working with his buyers to draw up a written
offer on a property they want to purchase. Which of the
following items is not required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires - .....ANSWER
...✔✔ B) The mortgage lender
Kezia just bought and closed on a new home that cost
$195,000. her mortgage amount is $165,500. how
much is the intangible recording tax on Kezia's
property?
A) $585
B) $195
C) $165.50
D) $496.50 - .....ANSWER ...✔✔ D) $496.50
Colibri Real Estate (Real Estate Express) Final
Exam Review 2023 75-Hour Georgia
Salesperson Prelicense Course
Broker Jane has been accused of a law violation
regarding commissions. Which of the following might
result in her being found guilty?
A) Jane paid a commission to her licensed personal
assistant.
B) Jane paid a commission to the wife of one of her
licensees who was recently killed in an auto accident.
The deceased licensee had earned the commission prior
to his death.
C) Jane paid a commission plus a bonus to one of her
licensees.
D) Jane paid a commission to a Florida licensee who is
not licensed in Georgia for licensing activity in Georgia.
- .....ANSWER ...✔✔ D) Jane paid a commission to a
Florida licensee who is not licensed in Georgia for
licensing activity in Georgia.
,2|Page
Any salesperson can legally receive her share of the
commission on a sale from
A) her employing broker only.
B) any cooperating broker with whom she completes a
sale.
C) a builder she represents in a sale
D) the purchaser of the home in a successful sale. -
.....ANSWER ...✔✔ A) her employing broker only.
Which of the following is NOT a protected class under
Georgia fair housing law?
A) Sexual preference
B) Familial status
C) Religion
D) Race - .....ANSWER ...✔✔ A) Sexual preference
Syed is an inactive licensee. He just moved to a new
home across town. What must he do?
A) Call the Commission and give it his new address.
,3|Page
B) Report the address change when he's ready to
reactivate his license.
C) Send a written notice to the Commission within 30
days.
D) Notify the post office to send a change of address
notice to the Commission. - .....ANSWER ...✔✔ C)
Send a written notice to the Commission within 30 days.
How many hours of continuing education must a licensee
complete for each year of licensure?
A) 8 hours
B) 9 hours
C) 5 hours
D) 4 hours - .....ANSWER ...✔✔ B) 9 hours
Glenda is the office manager for a local real estate
firm. She is responsible for coordinating the paperwork
flow through the office, preparing ads and supervising
the clerical staff. Glenda is
A) required to have a salesperson's license.
B) violating license law.
C) required to have a broker license.
, 4|Page
D) exempt from the license law. - .....ANSWER ...✔✔
D) exempt from the license law.
Haru is working with his buyers to draw up a written
offer on a property they want to purchase. Which of the
following items is not required in the offer?
A) The property description
B) The mortgage lender
C) The method of payment
D) Special stipulations the offer requires - .....ANSWER
...✔✔ B) The mortgage lender
Kezia just bought and closed on a new home that cost
$195,000. her mortgage amount is $165,500. how
much is the intangible recording tax on Kezia's
property?
A) $585
B) $195
C) $165.50
D) $496.50 - .....ANSWER ...✔✔ D) $496.50
