Before you read
Test yourself first: 5 questions
Question 1 of 5
Who is ultimately responsible for the proper handling, accounting, and safekeeping of funds held in a Georgia firm's trust/escrow account?
Answer: B. In Georgia, the broker (the qualifying/principal broker) bears ultimate responsibility for trust funds, including proper deposit, accounting, and record-keeping, even when an affiliated salesperson physically receives the money.
Question 2 of 5
Which records must a Georgia broker retain to comply with GREC record-keeping requirements?
Answer: B. Georgia brokers must retain records of their real estate transactions and trust/escrow accounts (contracts, disbursements, deposits, agreements, etc.) for the period required by GREC. Relying solely on third parties does not satisfy the broker's duty.
Question 3 of 5
A Georgia salesperson advertises a listing under her own name without referencing her sponsoring broker. Under Georgia license law, this practice is:
Answer: B. A salesperson must advertise only under the name of and with the authorization of the sponsoring broker; the listing belongs to the broker, not the salesperson. Advertising solely in the salesperson's own name is a prohibited practice subject to discipline.
Question 4 of 5
Which statement about Georgia real estate advertising is correct?
Answer: B. In Georgia, advertising of listed property must be conducted under the broker's name and supervision. A salesperson cannot advertise as if independent; the firm/broker must be properly identified. The rules apply to all media, including online.
Question 5 of 5
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. 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.
Keep the streak going with more questions like these, each with a full rationale.
What you need to know
Advertising may not be false, misleading, or omit the brokerage's identity, and the broker is responsible for the conduct of affiliated licensees. Brokers must keep transaction and trust-account records that are accurate and available for inspection by GREC. Proper record-keeping supports trust-fund accountability and helps demonstrate compliance during an audit or investigation.
Georgia Advertising & Record-Keeping Rules: FAQs
Is Georgia Advertising & Record-Keeping Rules on the real estate exam?
Yes. State License Law is a scored domain on the Georgia real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Georgia test this differently?
Georgia applies its own license law on top of the national portion. This page covers the Georgia rules specifically, which is what the state section of your exam tests.
