Georgia Real Estate Salesperson Exam — All Questions
20 questions
Real estate licensees in Georgia are regulated by which body?
- a.The Georgia Association of Realtors
- b.The Georgia Department of Banking
- c.The Georgia Real Estate Commission (GREC)✓
- d.The county probate court
The Georgia Real Estate Commission (GREC) licenses and regulates real estate brokers and salespersons in Georgia. Trade associations such as the Georgia Association of Realtors do not issue or govern licenses.
In Georgia, a newly licensed real estate salesperson must:
- a.Work under the supervision of a licensed broker✓
- b.Immediately open an independent brokerage
- c.Hold client funds in a personal account
- d.Practice without any continuing education
A Georgia salesperson (associate) must be affiliated with and supervised by a licensed broker, who is responsible for the salesperson's activities and trust funds. Independent practice requires a broker license.
How many instructional hours must a Georgia Salespersons Prelicense Course provide?
- a.Sixty instructional hours
- b.Seventy-five instructional hours✓
- c.Twenty-five instructional hours
- d.One hundred instructional hours
GREC course standards set the Salespersons Prelicense Course at a minimum of 75 instructional hours. Sixty hours is the Brokers Prelicense Course and 25 hours is both the Community Association Managers Prelicense Course and the Sales Postlicense Course. Cite: Ga. Comp. R. & Regs. r. 520-2-.04.
What must a newly licensed Georgia salesperson complete during the first year of licensure?
- a.A 25-hour Sales Postlicense course approved by the Commission✓
- b.A 36-hour continuing education sequence including license law
- c.A 75-hour Salespersons Prelicense refresher at an approved school
- d.A 60-hour Brokers Prelicense course taken at an approved school
Within one year of the issuance of an original salesperson's license the licensee must furnish evidence of a post-license course of at least 25 instructional hours approved by the Commission. The 36 continuing education hours belong to the four-year renewal period, not the first year. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(1); O.C.G.A. 43-40-8(d).
At what age may a Georgia candidate sit for the broker's examination, and at what age may the license be activated?
- a.Sit the exam at 18, activate the license at 18
- b.Sit the exam at 19, activate the license at 21
- c.Sit the exam at 20, activate the license at 21✓
- d.Sit the exam at 21, activate the license at 21
GREC states that an individual must be at least 21 to be licensed as a broker or associate broker, and that applicants may take the broker's examination at age 20 but cannot activate the license until 21. A salesperson, by contrast, must be 18. Cite: Georgia Real Estate Commission, Obtaining a License - Real Estate (Broker).
What does GREC require of every exclusive brokerage agreement?
- a.It may run until either party gives thirty days' written notice
- b.It must set out its terms fully and have a definite expiration date✓
- c.It must be filed with the Commission within one month of signing
- d.It must be renewed in writing at the end of every ninety-day term
Each exclusive brokerage agreement must fully set forth its terms and have a definite expiration date, and the licensee securing it must furnish each person signing it a true copy at that time. Brokerage engagements are not filed with the Commission. Cite: Ga. Comp. R. & Regs. r. 520-1-.06(1)(a)-(b).
A candidate passes the Georgia salesperson's examination and applies for a license four months later. What is the consequence?
- a.The candidate must retake the salesperson's qualifying examination
- b.The candidate must repeat the 75-hour Salespersons Prelicense Course
- c.The candidate may apply but pays double the original fee✓
- d.The candidate must ask the Commission in writing for an extension
Application must be made within three months of the examination date; after three months the applicant pays a fee equal to twice the original application fee. Only after twelve months does the examination have to be retaken. Cite: Ga. Comp. R. & Regs. r. 520-1-.04(5)(a).
How long after passing the Georgia salesperson's examination may a candidate still apply for a license without retesting?
- a.Three months from the date of the examination
- b.Six months from the date of the examination
- c.Two years from the date of the examination
- d.Twelve months from the date of the examination✓
Anyone who fails to apply for a salesperson's license within twelve months of the examination date must retake the examination. The three-month mark is the point at which the application fee doubles, not the point at which the score expires. Cite: Ga. Comp. R. & Regs. r. 520-1-.04(5)(a).
When does an individual Georgia real estate license lapse if the renewal fee is not paid?
- a.On the last day of the month of the licensee's birthday✓
- b.On the last day of the month the license was first issued
- c.On December 31 of the fourth year of the renewal period
- d.On the fourth anniversary of the date the license issued
An individual license lapses on the last day of the month of the licensee's birthday; a firm licensed as a broker lapses on the last day of the month of the fourth anniversary of its original licensure. Renewing the broker's individual license does not renew the firm's license. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(3).
What continuing education must an active Georgia salesperson show in order to renew?
- a.24 hours per renewal period, of which 3 hours are license law
- b.36 hours per renewal period, of which 3 hours are license law✓
- c.36 hours per renewal period, of which 6 hours are license law
- d.18 hours per renewal period, of which 3 hours are license law
Thirty-six instructional hours of continuing education are required for each four-year renewal period, effective July 1, 2015, and at least three of those hours must be on the topic of license law, effective July 1, 2016. The 2025 rule change added an 18-hour broker education requirement for brokers only; salesperson requirements were not changed. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(1)(d)-(f).
GREC exempts some active Georgia licensees from continuing education entirely. Which ones?
- a.Those licensed only as community association managers
- b.Those who also hold an active license in another state
- c.Those whose Georgia real estate license number is below 100,000✓
- d.Those who have held a Georgia license for twenty years
GREC applies the continuing education requirement to active licensees whose license number is above 100,000; a licensee whose number is below 100,000, meaning licensure before 1980, is not required to complete continuing education. A non-resident is not exempt, but may satisfy the requirement with proof from the resident state. Cite: Georgia Real Estate Commission, Education Requirements - Real Estate.
When GREC issues a citation in lieu of a formal disciplinary proceeding, what fine may it impose?
- a.Up to $500 per violation, capped at $2,500 in one citation
- b.Up to $750 per violation, capped at $3,000 in one citation
- c.Up to $2,000 per violation, capped at $10,000 in one citation
- d.Up to $1,000 per violation, capped at $5,000 in one citation✓
A citation may order a course of study, periodic accountant's reports on a trust account, and a fine not to exceed $1,000.00 for each violation, with fines for multiple violations limited to $5,000.00 in any one citation. Cite: Ga. Comp. R. & Regs. r. 520-1-.14(1).
A Georgia salesperson's license lapsed three years ago for nonpayment. How may it be reinstated?
- a.Pay the fees and retake the Salespersons Prelicense Course✓
- b.Pay the fees and show 36 hours of continuing education
- c.Pay the fees and retake the state portion of the examination
- d.It cannot be; the person must qualify as an original applicant
A license lapsed longer than two years but less than five may be reinstated to active status by paying the required fees and completing the appropriate prelicense course, taken within one year prior to the application. Continuing education alone works only inside the two-year window; original-applicant status is required past five years. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(4)(c)-(h).
May an active Georgia salesperson hold her license with two Georgia brokers at the same time?
- a.Yes, if both brokers agree to the arrangement in writing
- b.No; she may be licensed under only one Georgia broker✓
- c.Yes, if the second firm handles only property management
- d.No, unless the Commission grants her a written waiver
An active associate broker, salesperson or community association manager must be licensed under an active Georgia broker and cannot be licensed under more than one Georgia broker during the same period. She may affiliate with a broker in another state only under the written-permission conditions in the rule. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(2)(a).
A Georgia licensee is convicted of an offense she must report. When must she notify the Commission?
- a.Within thirty days of the conviction, in writing
- b.Within five days of the conviction, in writing
- c.Within ten days of the conviction, in writing✓
- d.At the next renewal of her license, in writing
Notice of a criminal action must be given to the Commission in writing within ten days of any conviction, with a copy of the indictment or accusation and the conviction; notice of an administrative or civil action is due within ten days of the conclusion of the proceedings. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(5)(a).
How current must an applicant's certified criminal history report be when a Georgia license application is filed?
- a.Obtained no more than 60 days before the application✓
- b.Obtained no more than 30 days before the application
- c.Obtained no more than six months before the application
- d.Obtained no more than twelve months before the application
No more than 60 days prior to making application, each candidate must obtain at his or her own expense and attach a certified criminal history report from the Georgia Crime Information Center, or the equivalent report from a former resident state. Cite: Ga. Comp. R. & Regs. r. 520-1-.04(7).
What does an individual pay the Commission to activate an original Georgia real estate license?
- a.$75.00, of which $20.00 goes to the Recovery Fund
- b.$45.00, of which $10.00 goes to the Recovery Fund
- c.$45.00, of which $20.00 goes to the Recovery Fund✓
- d.$125.00, of which $25.00 goes to the Recovery Fund
The activation fee for original licensure as an individual broker, associate broker, salesperson or community association manager is $45.00, which includes $20.00 for the Real Estate Education, Research, and Recovery Fund; the $75.00 activation fee applies to a firm, school or instructor. The renewal fee is charged separately. Cite: Ga. Comp. R. & Regs. r. 520-1-.04(1)(a)1.
What does a Georgia licensee pay to renew an individual license through the Commission's online system?
- a.$125.00, the same as a mail-in renewal application
- b.$100.00, which is $25.00 less than a mail-in renewal✓
- c.$170.00, which covers the next four-year period
- d.$75.00, plus a $25.00 electronic processing charge
The four-year renewal fee is $125.00 if submitted in any manner other than the Commission's online system and $100.00 if submitted and paid online. The $170.00 figure is what an original applicant pays: the $45.00 activation fee plus the $125.00 renewal fee. Cite: Ga. Comp. R. & Regs. r. 520-1-.04(1)(a)2; GREC, Renewing a License - Real Estate.
What real estate activity may a Georgia licensee on inactive status perform?
- a.Referring prospects to an active broker for a referral fee
- b.Managing rental property owned by an unlicensed employer
- c.Dealing only in real estate that the licensee alone owns✓
- d.Showing the listings of the firm that last held the license
Inactive licensees may not perform real estate brokerage activity on any real estate except real estate owned solely by the inactive licensee. Referral of prospects is itself an act of a licensee, and a licensee who wants to work for an unlicensed owner must surrender the license rather than go inactive. Cite: Ga. Comp. R. & Regs. r. 520-1-.05(2)(g)-(i).
What is the minimum length of a Georgia continuing education course, and how soon may a licensee repeat it for credit?
- a.One credit hour, and it may be repeated in the same period
- b.Two credit hours, and it may be repeated after six months
- c.Three credit hours, and not until one full year has passed✓
- d.Three credit hours, and it may never be repeated for credit
No school may offer a continuing education course of fewer than three credit hours, and a licensee who has used a course for credit may not repeat it unless at least one full year has passed since completing it. Cite: Ga. Comp. R. & Regs. r. 520-2-.04.