Unit 22 Quiz Attempt #2
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Question 1 of 30
1. Question
Passing the Real Estate Exam means that you scored at least a ______ on the exam?
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Question 2 of 30
2. Question
In Real Estate, what term is associated with the permanent loss of the real estate license?
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Question 3 of 30
3. Question
If a real estate license is temporarily taken away it is called what _?
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Question 4 of 30
4. Question
What is the minimum amount of time you must work underneath a broker after you receive a license
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Question 5 of 30
5. Question
Why do Brokers list the new licensee as independent contractors?
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Question 6 of 30
6. Question
Which of the following is not something to consider when picking a broker?
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Question 7 of 30
7. Question
For one to receive a real estate salespersons license one must have?
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Question 8 of 30
8. Question
How many hours of continuing education is required every four years from license being actively issued?
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Question 9 of 30
9. Question
Some activities that may not require a real estate license include?
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Question 10 of 30
10. Question
In Georgia __ in-class hours are required to obtain a broker’s or associate broker’s license
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Question 11 of 30
11. Question
What is the renewal period in Georgia and how many hours of approved continuing education class is required?
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Question 12 of 30
12. Question
Define a lapse in a license.
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Question 13 of 30
13. Question
Inactive status is offered when___
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Question 14 of 30
14. Question
Define a pocket card.
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Question 15 of 30
15. Question
When should the criminal history report be submitted?
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Question 16 of 30
16. Question
What cost is included in an improvement project
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Question 17 of 30
17. Question
A broker who wishes to place a For Sale sign on a house must:
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Question 18 of 30
18. Question
A licensed real estate salesperson has recently moved. Notification of this change must be made to the Georgia Real Estate Commission within:
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Question 19 of 30
19. Question
In Georgia, the adverse possession must have occurred over a period of how many years for personal real estate?
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Question 20 of 30
20. Question
A Georgia citizen can prepare a legal binding will at what age?
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Question 21 of 30
21. Question
If a real estate agent wants to sell their personal home, which of the following statements is true?
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Question 22 of 30
22. Question
How old must a person be in order to obtain a real estate license in the state of Georgia?
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Question 23 of 30
23. Question
What requires a real estate license in Georgia
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Question 24 of 30
24. Question
Which of the following must you do to receive funding from the GA Education, Research, and Recovery Fund
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Question 25 of 30
25. Question
Elle has just been elected to the board of directors by a group of shareholders. Elle works for a:
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Question 26 of 30
26. Question
Who most likely owns a limited liability company?
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Question 27 of 30
27. Question
A limited partnership is best described as:
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Question 28 of 30
28. Question
What does “vested” in the individual mean?
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Question 29 of 30
29. Question
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.
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Question 30 of 30
30. Question
What must an applicant pass before practicing real estate in Georgia?
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