Post License Exam
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An individual who performs real estate services is considered a broker if -
✔✔✔ANSWER-the services are performed for another and for a valuable
consideration.
A person who collects rents is considered a broker if - ✔✔✔ANSWER-the person
receives a fee or commission for doing so.
Which of the following duties is one that a broker might perform in his activities as
a broker? - ✔✔✔ANSWER-Buy or offer to buy real estate
, The Commission has the authority, under statutory law, to take disciplinary actions
for any violation of the license law. One of these actions might be a fine, for
multiple violations, of a maximum of: - ✔✔✔ANSWER-$5,000
In order to act as a real estate broker for a client, a licensee must have -
✔✔✔ANSWER-written authority from the client.
Which of the following would NOT be considered a broker? - ✔✔✔ANSWER-An
owner who arranges the sale of his own property.
The role of the Commission is to: - ✔✔✔ANSWER-To protect the public from
harmful acts of licensees, and to create a regulatory environment for the real estate
industry.
In what year was the Georgia real estate law first passed? - ✔✔✔ANSWER-1925
A licensee who acts on behalf of a broker is a(n) - ✔✔✔ANSWER-associate
broker.
If a Commission member becomes unable to perform the required duties, -
✔✔✔ANSWER-the Governor will appoint a replacement.
How often does the Real Estate Commission meet? - ✔✔✔ANSWER-At least
once a month.
In the case of a revocation, the person is not allowed to apply for a new license for
a minimum of: - ✔✔✔ANSWER-10 years
Latest Updated
An individual who performs real estate services is considered a broker if -
✔✔✔ANSWER-the services are performed for another and for a valuable
consideration.
A person who collects rents is considered a broker if - ✔✔✔ANSWER-the person
receives a fee or commission for doing so.
Which of the following duties is one that a broker might perform in his activities as
a broker? - ✔✔✔ANSWER-Buy or offer to buy real estate
, The Commission has the authority, under statutory law, to take disciplinary actions
for any violation of the license law. One of these actions might be a fine, for
multiple violations, of a maximum of: - ✔✔✔ANSWER-$5,000
In order to act as a real estate broker for a client, a licensee must have -
✔✔✔ANSWER-written authority from the client.
Which of the following would NOT be considered a broker? - ✔✔✔ANSWER-An
owner who arranges the sale of his own property.
The role of the Commission is to: - ✔✔✔ANSWER-To protect the public from
harmful acts of licensees, and to create a regulatory environment for the real estate
industry.
In what year was the Georgia real estate law first passed? - ✔✔✔ANSWER-1925
A licensee who acts on behalf of a broker is a(n) - ✔✔✔ANSWER-associate
broker.
If a Commission member becomes unable to perform the required duties, -
✔✔✔ANSWER-the Governor will appoint a replacement.
How often does the Real Estate Commission meet? - ✔✔✔ANSWER-At least
once a month.
In the case of a revocation, the person is not allowed to apply for a new license for
a minimum of: - ✔✔✔ANSWER-10 years
