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Georgia real Exam Bundle questions and answers Rated A+
Georgia real Exam Bundle questions and answers Rated A+
[Show more]Georgia real Exam Bundle questions and answers Rated A+
[Show more]If you suspect the presence of UFFI, you can ______________. - ANSWER-recommend testing of the indoor air. 
 
When you decide on your items of value (SWAG), follow through with them. You can do this by: 
 
 Sending every _____ to your "A" clients; and 
 Sending _________ to your "B" and "C" cl...
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Add to cartIf you suspect the presence of UFFI, you can ______________. - ANSWER-recommend testing of the indoor air. 
 
When you decide on your items of value (SWAG), follow through with them. You can do this by: 
 
 Sending every _____ to your "A" clients; and 
 Sending _________ to your "B" and "C" cl...
What is the purpose of a legal description of property? - ANSWER-To accurately locate and identify the BOUNDARIES of a parcel of property to a degree acceptable by courts of law 
 
____ is a legal description of a parcel of land that begins at a well-marked point and follows the boundaries, using di...
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Add to cartWhat is the purpose of a legal description of property? - ANSWER-To accurately locate and identify the BOUNDARIES of a parcel of property to a degree acceptable by courts of law 
 
____ is a legal description of a parcel of land that begins at a well-marked point and follows the boundaries, using di...
An owner sold his 20 unit aparmtnet building. Which is true? - ANSWER-The existing lease agreements must be honored by the new owner 
 
"I hear they're moving in, theres goes the neighborhood!" - ANSWER-Blockbusting 
 
According to do-not-call legislation, when customer makes an inquiry, agent ma...
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Add to cartAn owner sold his 20 unit aparmtnet building. Which is true? - ANSWER-The existing lease agreements must be honored by the new owner 
 
"I hear they're moving in, theres goes the neighborhood!" - ANSWER-Blockbusting 
 
According to do-not-call legislation, when customer makes an inquiry, agent ma...
real estate license exemptions - ANSWER-An owner of real estate, the spouse of an owner, a general partner of a limited partnership, a landlord, or a prospective purchaser OR their regular employees OR spouses 
An attorney in fact under a duly executed power of attorney to convey real estate from th...
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Add to cartreal estate license exemptions - ANSWER-An owner of real estate, the spouse of an owner, a general partner of a limited partnership, a landlord, or a prospective purchaser OR their regular employees OR spouses 
An attorney in fact under a duly executed power of attorney to convey real estate from th...
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. 
 
Act...
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Add to cartAccession - 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. 
 
Act...
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 o...
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Add to cartEasement 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 o...
Deed - ANSWER-Document used to transfer title. 
 
Title - ANSWER-Land+ deed, (who are the owners and what are their rights?) 
 
Real Estate - ANSWER-Land+appurtenances (right or improvement attached to the land) 
 
Two types of characteristics of land: - ANSWER-Physical & economic 
 
What are the ph...
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Add to cartDeed - ANSWER-Document used to transfer title. 
 
Title - ANSWER-Land+ deed, (who are the owners and what are their rights?) 
 
Real Estate - ANSWER-Land+appurtenances (right or improvement attached to the land) 
 
Two types of characteristics of land: - ANSWER-Physical & economic 
 
What are the ph...
Accrued interest on loan assumed. - ANSWER-Which of the following costs is usually a credit on the estimated purchaser's cost worksheet? 
 
Hazard insurance is - ANSWER-prepaid in advance 
 
negotiable between the buyer and seller - ANSWER-The payment of the intangibles taxes are: 
 
If neither Bai...
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Add to cartAccrued interest on loan assumed. - ANSWER-Which of the following costs is usually a credit on the estimated purchaser's cost worksheet? 
 
Hazard insurance is - ANSWER-prepaid in advance 
 
negotiable between the buyer and seller - ANSWER-The payment of the intangibles taxes are: 
 
If neither Bai...
Angie owns a four-plex. She lives in one unit and rents out the others - ANSWER-Which of the following may represent an exemption from Georgia fair housing laws 
 
Kiting - ANSWER-Representing the sale price on a home as an amount greater than what it actually sold for is considered 
 
Providing fin...
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Add to cartAngie owns a four-plex. She lives in one unit and rents out the others - ANSWER-Which of the following may represent an exemption from Georgia fair housing laws 
 
Kiting - ANSWER-Representing the sale price on a home as an amount greater than what it actually sold for is considered 
 
Providing fin...
estate licensees enter into employment agreement Georgia Real Estate Commission members serve terms of 
 four years. five years and serve until a replacement is named. two years and may serve three terms three years and may serve two terms. - ANSWER-five years and serve until a replacement is named....
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Add to cartestate licensees enter into employment agreement Georgia Real Estate Commission members serve terms of 
 four years. five years and serve until a replacement is named. two years and may serve three terms three years and may serve two terms. - ANSWER-five years and serve until a replacement is named....
Title - ANSWER-Document that shows ownership 
 
Alienation - ANSWER-To sell or convey 
Transfer: change of ownership 
 
Legal Title - ANSWER-Ownership with right of possession and use 
 
Equitable Title - ANSWER-Right to legal title upon completion of contract 
Buyer receives after they go into co...
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Add to cartTitle - ANSWER-Document that shows ownership 
 
Alienation - ANSWER-To sell or convey 
Transfer: change of ownership 
 
Legal Title - ANSWER-Ownership with right of possession and use 
 
Equitable Title - ANSWER-Right to legal title upon completion of contract 
Buyer receives after they go into co...
Best describes parcel of land - ANSWER-the surface of the earth extending down to the center and upward to infinity 
 
Determining if Fixture, NOT considered - ANSWER-Value of item 
 
Characteristic in difference btwn personal prop. from real property. - ANSWER-mobility 
 
When used in deed or other...
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Add to cartBest describes parcel of land - ANSWER-the surface of the earth extending down to the center and upward to infinity 
 
Determining if Fixture, NOT considered - ANSWER-Value of item 
 
Characteristic in difference btwn personal prop. from real property. - ANSWER-mobility 
 
When used in deed or other...
Based on the ability to accept assignments, which appraiser has the most latitude? - ANSWER-certified general 
 
Which state agency is responsible for the implementation of the Georgia Lead Paint Prevention Act of 1994? - ANSWER-GA Dept of Natural Resources 
 
How far back does a normal Georgia titl...
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Add to cartBased on the ability to accept assignments, which appraiser has the most latitude? - ANSWER-certified general 
 
Which state agency is responsible for the implementation of the Georgia Lead Paint Prevention Act of 1994? - ANSWER-GA Dept of Natural Resources 
 
How far back does a normal Georgia titl...
Legal competency age in Georgia is: 
a. 15 
b. 18 
c. 21 
d. 16 - ANSWER-B. 
 
What does BRRETA stand for? 
a. The Brokerage Real Estate Training Act 
b. The Brokerage Real Estate Transactions Act 
c. The Brokerage Relationships in Real Estate Transactions Act 
d. The Georgia Basic Relationships in ...
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Add to cartLegal competency age in Georgia is: 
a. 15 
b. 18 
c. 21 
d. 16 - ANSWER-B. 
 
What does BRRETA stand for? 
a. The Brokerage Real Estate Training Act 
b. The Brokerage Real Estate Transactions Act 
c. The Brokerage Relationships in Real Estate Transactions Act 
d. The Georgia Basic Relationships in ...
When you list an owner's property for sale you owe them client level services, fiduciary services which include - ANSWER-confidentiality, loyalty, obedience, full disclosure 
 
a recent appraisal on a property reveals that a home has a leaking roof, dirty carpeting, updated granite countertops, cen...
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Add to cartWhen you list an owner's property for sale you owe them client level services, fiduciary services which include - ANSWER-confidentiality, loyalty, obedience, full disclosure 
 
a recent appraisal on a property reveals that a home has a leaking roof, dirty carpeting, updated granite countertops, cen...
Broker - ANSWER-Any person who, for another, and who, for a fee, commission, or any other valuable consideration, or with the intent or expectation of receiving the same from another: 
 
Brokerage Agreement - ANSWER-An express written contract wherein the client promises to pay the real estate broke...
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Add to cartBroker - ANSWER-Any person who, for another, and who, for a fee, commission, or any other valuable consideration, or with the intent or expectation of receiving the same from another: 
 
Brokerage Agreement - ANSWER-An express written contract wherein the client promises to pay the real estate broke...
1. which of the following ways of specialization is common in the real estate brokerage business 
A) by background of client 
B) by type of property 
C) by years of experience in the business 
D) by type of mortgage financing required - ANSWER-b 
 
2. which of the following is included in the legal ...
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Add to cart1. which of the following ways of specialization is common in the real estate brokerage business 
A) by background of client 
B) by type of property 
C) by years of experience in the business 
D) by type of mortgage financing required - ANSWER-b 
 
2. which of the following is included in the legal ...
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