Ga real estate license - Study guides, Class notes & Summaries

GA Real Estate License Exam Test with complete Answers Georgia Real Estate Commission size Georgia Real Estate Commission appointed by Georgia Real Estate Commission confirmed by How long are each of the Georgia Real Estate Commission members' terms? How many members of the 6-member Georgia Real Estate commission must be real estate licensees? Does the sixth member of the Georgia Real Estate Commission have any interest in the real estate industry? How are the Georgia Real Estate C...

Georgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER-5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - ANSWER-5 Does the sixth member of the Georgia Real Estate Commission have any interest in the re...

GA REAL ESTATE PRE-LICENSE COURSE REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Agency - -every relationship in which a real estate broker acts for or represents another as a client by the latter's written authority in a real property transaction associate broker - -a person who acts on behalf of a real estate broker in performing any act authorized to be performed by a broker broker does the following: - -*negotiates or attempts to negotiate listing, sale, purchase, exchange,...

Fidelity Insurance Under Georgia license law, fidelity insurance is required of any Georgia licensee if managing community associations and if at any time handling more than $60,000. A broker managing community associations who at any time handles more than $60,000 must have a separate fidelity bond or policy for each association managed. errors and omissions insurance is not required in GA certificate of title The written opinion of title identifying the fee owner of a property and naming...

GA Real Estate License Exam With Complete Solution

The Commission's authority is based upon: correct answerStatutory law Agency can best be described as: correct answerA written representation agreement between Broker and client. Charging advance brokerage fees is: correct answerA duty of a broker. The Commission rules and regulations may be adopted under what circumstances? correct answerThey must fall under the "umbrella" of the license law.

GA Real Estate License Exam Questions and Answers Rated A Georgia Real Estate Commission size 6 members Georgia Real Estate Commission appointed by Governor of Georgia Georgia Real Estate Commission confirmed by Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? 5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? 5 Does the sixth member of the Georgia Real Estate Commission have any interest in the...

Truth in Lending Act - ANSWER-prevents trigger words in advertising; requires consumer be allowed to compare rates by APR appraisal process - ANSWER-1) state the problem 2) gather, record, and verify data 3) analyze and interpret 4) estimate land value 5) estimate the value of the property 6) reconcile 7) report 3 approaches to value - ANSWER-1. Sales Comparison Approach 2. Cost Approach 3. Income Approach Cost approach to value - ANSWER-used the principle of substitution (comps) to f...

Georgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER-5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - ANSWER-5 Does the sixth member of the Georgia Real Estate Commission have any interest in the re...

Georgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER-5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - ANSWER-5 Does the sixth member of the Georgia Real Estate Commission have any interest in the re...