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GA REAL ESTATE EXAM PREP / HARD QUESTIONS AND ANSWERS

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GA REAL ESTATE EXAM PREP / HARD QUESTIONS AND ANSWERS How often *must* you take continuing education? - ANSWER-*Every 4 years*. In Georgia, which of the following is *NOT* a cost or expense of owning a home? - ANSWER-Taxes on *personal property*. A *Broker's*, license fee costs how much? - ANS...

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  • November 4, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Real Estate
  • Real Estate
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KaylinHoffman
Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




GA REAL ESTATE EXAM PREP / HARD

QUESTIONS AND ANSWERS


How often *must* you take continuing education? - ANSWER✔✔-*Every 4 years*.


In Georgia, which of the following is *NOT* a cost or expense of owning a home? - ANSWER✔✔-Taxes on

*personal property*.


A *Broker's*, license fee costs how much? - ANSWER✔✔-*$170*


All of the following, exist in Georgia *EXCEPT*. Ad valorem Taxation, Special Assessments, Statutory

Right of Redemption, Equitable Right of Redemption - ANSWER✔✔-*Statutory Right of Redemption*


Which of the following statements about a *Management Agreement* is *FALSE*? - ANSWER✔✔-*It is

FALSE that*: it requires the Property Manager to work diligently to maximize the Licensee's rate of

return.


An item of *Functional Obsolescence* is considered *incurable* if the: - ANSWER✔✔-cost to repair is

more than the value it ads.


What is *TRUE* about an *Associate Broker* in Georgia? - ANSWER✔✔-Both A&B: *A*. An Associate

Broker may perform any real estate brokerage act that requires a license. *B*. An Associate Broker acts

on behalf of a Broker.


The squared or rectangles used in Georgia legal description are: - ANSWER✔✔-*Land Lots* and

*Districts*.



Copyright ©Stuvia International BV 2010-2024 Page 1/10

, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024


Does Georgia allow *Joint Tenancy* or *Tenancy by the Entirety*? - ANSWER✔✔-Georgia allows *Joint

Tenancy.*


How many hours of continuing education are required to renew a 4 year real estate *Salespersons*,

license? - ANSWER✔✔-24


What is *Homestead Protection*? - ANSWER✔✔-The status provided to a homeowner's principal

residence that *protects the home against judgement*, up to a specified amount.


Which of the following is *NOT*, a *Covenant of Warranty* in a *Georgia General Warranty Deed*? -

ANSWER✔✔-*NOT* a Covenant of, *Further Assurance*.


To keep a Georgia Sales Associate License, an individual must do all of the following *EXCEPT*: -

ANSWER✔✔-*EXCEPT* Take at least ten quarter hours or six semester hours of college courses in real

estate.


Based on the ability to accept assignments, *which appraiser has the most latitude*? - ANSWER✔✔-

*Certified General*


The real estate records in Georgia are maintained by the: - ANSWER✔✔-*Clerk of Superior Court*


To be recorded in Georgia, the deed must be witnessed by: - ANSWER✔✔-one official witness and one

unofficial witness.


A buyer signs a contract to purchase a commercial building in Savannah. The contract is silent as to who

bears the risk of loss proper to closing. *After the contract is signed, but before the closing*, the building

burns to the ground.According to Georgia law the. - ANSWER✔✔-*BUYER* must bear the risk of loss or

damage before the closing.


In Georgia, the Landlord's eviction of a tenant is generally known as: - ANSWER✔✔-a *DISPOSSESSION*.

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