Georgia real estate exam - Study guides, Class notes & Summaries

Georgia Real Estate Exam with Complete Solutions People who sell real estate for others.... must be licensed in order to collect compensation who can be licensed as a real estate broker? a corporation, a partnership, an actual person what is not a real estate license catergory attorney in fact a real estate listing is a contract between the owner and the listing broker the ultimate responsibility foramistake in a document prepared by a real estate salesperson rests upon the employing...

GEORGIA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Deed - -Document used to transfer title. Title - -Land+ deed, (who are the owners and what are their rights?) Real Estate - -Land+appurtenances (right or improvement attached to the land) Two types of characteristics of land: - -Physical & economic What are the physical characteristics of land? - -Immovable, indestructible,unique(non-homogenous) What are the economic characteristics of land? - -Scarcity, improvab...

Georgia Real Estate Exam Vocabulary 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

Georgia Real Estate Exam Study Guide/ 360+ Qs & Ans/ . Terms like: A person who has met all qualifications to be licensed as a broker, but who elects to act on behalf of another broker in performing any act authorized by law to be performed by a broker. - Answer: Associate Broker Legal counsel for the state. Whenever the Commission believes a serious violation of the License Law has occurred, the ____________ may bring an action in the name of the state to enforce compliance. - Answer: At...

Accession - correct 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 - correct answer A measure of land area equal to 43560 square feet. 43560 - correct answer The number of squarefeet in one acre. Active License - correct answer Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license is h...

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. Active License - Answer Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license is held by a broker, rather ...

Georgia Real Estate Exam Study Guide All Answers Correct Accession ️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 ️A measure of land area equal to 43560 square feet. 43560 ️The number of squarefeet in one acre. Active License ️Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license ...

Which of the following are appointed by the governor? A. Members of the Georgia Real Estate Commission. B. The Real Estate Commissioner. C. Real estate instructors. D. Georgia Real Estate Commission employees. - ANSWER >> CORRECT ANSWER IS: A >> YOUR ANSWER IS: A Members of the Georgia Real Estate Commission are appointed by the governor. The Real Estate Commissioner is an employee hired by the Real Estate Commission. All employees of the commission must be unlicensed or ina...

GEORGIA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Title - -Document that shows ownership Alienation - -To sell or convey Transfer: change of ownership Legal Title - -Ownership with right of possession and use Equitable Title - -Right to legal title upon completion of contract Buyer receives after they go into contract until seller meets all buyer's needs also closing costs Bare (naked) Title - -Ownership without possession rights or use Some states use a 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. Active License - ANSWER Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license is held by a broker, rather than by ...