Conducting the Closing Quiz Attempt #3

A broker or sales person may do all of the following except:

The only thing not entered on a profit and loss statement is:

If a rental property closing in Georgia occurs on December 15 and the tenants pay rent each month on the 1st. At the closing, the:

Which of the following is true about the salesperson post-license course in Georgia?

The Georgia Education, Research, and Recovery Fund may grant up to ______ as retribution to the victims of a single real estate licensee who defrauded several people.

In preparation for the closing, a broker or salesperson is allowed to perform what?

Which of the following information is accurate if the following information is applied? At the end of a very difficult transaction, the buyer gives the agent an extra $500 for working so diligently.

The following would all appear on a seller’s closing statement EXCEPT

The buyer is responsible for a satisfactory inspection for:

______ would NOT appear as debt in the seller’s closing statement.

A buyer would need to have _______ in addition to the signed note at the closing when financing the purchase of a home in Georgia.

Who may attend the closing of a real estate transaction in Georgia?

What is the deal called when you sell your house, but you continue to live in the home as a renter?

In the state of Georgia, who is the most important player to have present when closing a real estate transaction?

Which of the following is the amount of the intangibles tax included in the closing costs for a real estate transaction in Georgia?