Georgia real estate exam Study Guide/Aceable Real Estate: Georgia Pre-Licensing/Ga Real Estate Exam - Real Estate Practice Test/Georgia real estate exam/GA REAL ESTATE EXAM PREP / HARD//GA RE License Exam (SLC)/Georgia Real Estate License Laws and Rules/G

Personal property that, by its attachment to real property, is regarded as real estate is called: A. an emblements B. personalty C. a fixture D. an appliance - C. a fixture What is the main purpose of police power? A. to protect the health, safety, and welfare of the community B. to pre...

Easement by prescription - Answer- Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - Answer- Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress...

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 Georg...

Which of the following best describes a brokerage agreement? - Answer- A written compensatory agreement between broker and seller The Commission's disciplinary authority includes - Answer- requiring periodic accounting reports related to trust violations. Which of the following is true concer...

Which of the following would NOT be a violation of the Georgia License Law? A) Falsifying a document used in a real estate transaction B) Failing to advise your broker in writing when buying or selling property for yourself C) Failure to give a copy of a signed offer to the purchaser D) Failur...

Accession - Answer- The 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 - Answer- A measure of land area equal to 43560 square feet. 43560 - Answer- The number of squarefeet in one acre. ...

No - Answer- When there is a commision dispute can GREC help? Truth in lending act - Answer- .Federal Law that requires disclosure of APR. Requirements to have a real estate license - Answer- Be at least 18 or 19 years old (depends on the state) Have legal US residency. Complete your require...

When applying for a loan, what is a fixed rate? - Answer- A loan that has a predetermined repayment interest rate What act prohibits discrimination based on race or color? - Answer- Civil Right Acts Of 1866 What is the financial document that contains a written promise to fulfill a certain pay...

Which of the following is legal and DOES NOT violate license law? A) encouraging a seller to reject an offer because the prospective buyer is a Methodist B) entering into a dual agency situation with written consent from both parties C) advertising that a property is four acres in size when in fa...

A sales person discovers an error on the disclosing statement. Who is responsible for ensuring the accuracy of closing statements? -The sales person is responsible -The sales person's broker is responsible -The title company is responsible -The attorney is responsible - Answer- -The sales perso...

How many members are in the Georgia Real Estate Commission? - Answer- The Georgia Real Estate Commission is comprised of 6 members. The following rules are also true of the 6-member Georgia Real Estate Commission: The sixth member must have an interest in consumer affairs, but must NOT have A...

What are collection agency fees based on? - Answer- A percentage of dollars collected Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? - Answer- Birthday In what type of payment methodology is a lump sum or bundled payment negotiated between...

The 501(r) regulations require not-for-profit providers 501(c) (3) to do which of the following activities? A. Complete a community needs assessment and develop a discount program for patient balances after insurance payment. B. Pursue extraordinary collection activities with all patients eligible...

Which option is NOT a main HFMA Healthcare Dollars and Sense revenue cycle initiative? A) Patient Financial Communications B) Medical Account Resolution C) Price Transparency D) Process Compliance - Answer- D) Process Compliance Approximately what ______% of billing information is obtained du...