Ga Real Estate BUNDLED Exam 2023 with 100% correct answers

Income tax deductabile in home ownership - correct answer -Points paid to obtain loan When should purchase price be decided with 60 day option - correct answer -upon creation and signing of the option to purchase The 1988 Amendments to the Fair Housing Act - correct answer -require that a land...

The Commission's authority is based upon: - correct answer -Statutory law Agency can best be described as: - correct answer -A written representation agreement between Broker and client. Charging advance brokerage fees is: - correct answer -A duty of a broker. The Commission rules and regu...

Georgia Real Estate Commission size - correct answer -6 members Georgia Real Estate Commission appointed by - correct answer -Governor of Georgia Georgia Real Estate Commission confirmed by - correct answer -Georgia state senate How long are each of the Georgia Real Estate Commission member...

How many commission members are there? Who are they appointed by? Who are they confirmed by? For how many terms - correct answer -6 commission members total. Appointed by the governor. Confirmed by the Senate. All 5-year terms. What is the primary purpose of the Georgia Commission? - correct answ...

Anti-Trust - correct answer -An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - correct answer -Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compe...

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 - correct answer -C. a fixture What is the main purpose of police power? A. to protect the health, safety, and welfare of the comm...

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

A condo owner has a legal issue concerning compliance with the bylaws of the condo owners association. If the community association manager (CAM) is familiar with the bylaws the manager should - correct answerseek advice from their broker Which of the following services will be performed by an at...

GA Real Estate Exam 2023 with 100% correct answers

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 - correct answer -b 2. which of the following is included in t...

Legal competency age in Georgia is: a. 15 b. 18 c. 21 d. 16 - correct 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 Relation...

GEORGIA REAL ESTATE POST LICENSE EXAM 2023 WITH 100% CORRECT ANSWERS

Angie owns a four-plex. She lives in one unit and rents out the others - correct answer -Which of the following may represent an exemption from Georgia fair housing laws Kiting - correct answer -Representing the sale price on a home as an amount greater than what it actually sold for is considere...

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