15 free questions from the Cinna RE Georgia real estate exam bank (120 in the app). Tap an answer to check it. The rationale opens right away.
Which of the following sanctions is the Georgia Real Estate Commission authorized to impose on a licensee found in violation of the license law?
Answer: B. Censure, fine, suspension, or revocation of the license
GREC's administrative sanctions include censure or reprimand, monetary fines, license suspension, and license revocation. Criminal penalties such as imprisonment are imposed by courts, not by the Commission, which exercises administrative rather than criminal authority.
In addition to pre-license education, what additional course must a newly licensed Georgia salesperson complete during the first year of licensure?
Answer: A. A 25-hour post-license course
Georgia salespersons must complete a 25-hour post-license course within the first year of licensure to keep the license active.
A Georgia listing agent learns that the basement has flooded twice in the last two years, a fact not visible during a normal walkthrough. The buyer's customer asks if the basement has any water issues. The agent should:
Answer: B. Truthfully disclose the known flooding, because licensees must not knowingly misrepresent or conceal a material defect even to a customer
Under BRRETA and GREC rules, a licensee may not knowingly make a false statement or conceal a known material adverse fact about the property's condition, even when dealing with a customer. The agent must answer honestly about the known flooding.
The Georgia Fair Housing Act is generally interpreted consistently with the federal Fair Housing Act. Which of the following best describes its coverage of protected classes?
Answer: B. It mirrors the federal protected classes (race, color, religion, sex, national origin, disability, and familial status)
The Georgia Fair Housing Act parallels the federal Fair Housing Act, covering race, color, religion, sex, national origin, disability, and familial status. It is substantially equivalent so that Georgia can handle fair-housing complaints at the state level.
Under Georgia security deposit law, how soon after a residential tenant moves out must a covered landlord generally return the deposit or provide an itemized statement of any deductions?
Answer: A. Within one month after termination of the lease and surrender of the premises
Georgia law requires a covered landlord to return the security deposit, or deliver a written itemized statement of deductions with any balance owed, within one month after the lease ends and the tenant surrenders the premises. Failure to comply can expose the landlord to penalties.
If the Georgia Real Estate Commission receives a complaint alleging a licensee mishandled trust funds, the Commission's FIRST appropriate action is to:
Answer: B. Investigate the complaint to determine whether a violation occurred
GREC has investigative authority and typically begins by investigating a complaint to determine whether a violation of the license law or rules occurred. Disciplinary sanctions, such as revocation, come only after due process, including notice and an opportunity for a hearing.
A Georgia licensee is showing homes to a buyer who has NOT signed a buyer brokerage agreement. In this situation the buyer is generally considered the licensee's:
Answer: B. Customer, to whom the licensee owes honesty and disclosure of latent defects but not client-level loyalty
Without a brokerage engagement, the buyer is a customer rather than a client. Under BRRETA the licensee still owes the customer honesty, fair dealing, and disclosure of known adverse material (latent) facts, but not the loyalty and full duties owed to a client.
Which Georgia agency is responsible for licensing real estate brokers and salespersons and for enforcing the state's license law through disciplinary action?
Answer: B. The Georgia Real Estate Commission (GREC)
The Georgia Real Estate Commission (GREC) administers the license law, issues and renews licenses, and conducts investigations and disciplinary hearings. Private trade associations like the Georgia Association of REALTORS do not regulate licensure.
Which fund administered in connection with Georgia license law is designed to reimburse members of the public who suffer monetary loss due to certain wrongful acts of a licensee?
Answer: A. The Georgia Real Estate Education, Research, and Recovery Fund
Georgia maintains a Real Estate Education, Research, and Recovery Fund that can reimburse injured members of the public for certain unrecoverable judgments arising from a licensee's wrongful acts.
An out-of-state licensee from a state with which Georgia has a reciprocity-style arrangement wants to obtain a Georgia license. Which statement best describes Georgia's general approach to nonresident applicants?
Answer: B. Georgia may license a qualified nonresident, who must still affiliate with or be supervised under Georgia license law and consent to GREC jurisdiction
Georgia licenses qualified nonresidents, but a nonresident licensee remains subject to Georgia license law and GREC jurisdiction, and a salesperson must still operate under a Georgia broker. An out-of-state license does not exempt a person from Georgia rules.
Advertising that is designed to create a false or misleading impression about a property, price, or the licensee's status is best described in Georgia as:
Answer: B. Blind or deceptive advertising, which is prohibited
Georgia prohibits false, deceptive, or misleading advertising. 'Blind' ads that conceal the broker's identity and ads that misrepresent the property or the licensee's status violate GREC rules.
A Georgia broker holds an earnest money deposit in the firm trust account but begins using small amounts of it to cover the firm's monthly office rent. This conduct is best described as:
Answer: B. Conversion, which is the unauthorized use of trust funds for one's own purposes
Using trust funds that belong to others for the broker's own purposes is conversion, a serious violation in Georgia, distinct from commingling. Intending to repay or restoring the funds before closing does not cure the violation.
In Georgia, a broker assigns one affiliated licensee to represent the seller and a different affiliated licensee to represent the buyer in the same transaction. This arrangement is known as:
Answer: B. Designated agency
Designated agency, which Georgia permits, lets a broker assign different affiliated licensees to represent the buyer and the seller in the same transaction.
A Georgia salesperson lets a license lapse for several years and now wants to return to practice. Which is generally true about reinstating or reactivating a long-lapsed Georgia license?
Answer: B. Reinstatement typically requires satisfying continuing-education deficiencies and may require fees or, after a long lapse, retaking education or examination
A lapsed Georgia license is not simply revived by showing up to work. Depending on how long it has lapsed, the licensee must cure continuing-education deficiencies and pay required fees, and after a longer lapse may need to repeat education or re-examine. The burden is on the licensee.
Georgia allows a broker to assign different affiliated licensees to represent the buyer and the seller in the same transaction. This arrangement is known as:
Answer: A. Designated agency
Designated agency, permitted in Georgia, lets a broker appoint separate affiliated licensees to represent the buyer and seller within the same firm.
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