Unit 22 Quiz Attempt #3
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Question 1 of 30
1. Question
If 5/6 current members of the GREC are working in real estate, what must the final member we working in?
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Question 2 of 30
2. Question
What score is a passing grade on your Real Estate Test?
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Question 3 of 30
3. Question
If your Real Estate license is permanently taken away it is also called _?
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Question 4 of 30
4. Question
The temporary removal of a real estate license is called
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Question 5 of 30
5. Question
After receiving your real estate license, how long do you have to work under a broker?
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Question 6 of 30
6. Question
This class must be taken after receiving a real estate license__
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Question 7 of 30
7. Question
Sanctions are most often given for
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Question 8 of 30
8. Question
In Real Estate you are listed as an independent contractor for what main reason?
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Question 9 of 30
9. Question
Important things to consider when picking a broker is
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Question 10 of 30
10. Question
Which of the following is not true for one to receive a license?
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Question 11 of 30
11. Question
36 hours of continuing education is required every ____ years from license being actively issued.
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Question 12 of 30
12. Question
The following may result from violating license laws
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Question 13 of 30
13. Question
Some activities that may not require a real estate license include?
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Question 14 of 30
14. Question
What is the maximum amount that may be paid from the fund for the actions of any licensees?
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Question 15 of 30
15. Question
When discrimination has occurred in real estate, which laws have been violated?
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Question 16 of 30
16. Question
How long does a licensed real estate agent have to report a name and or address change to the Georgia Real Estate Commission?
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Question 17 of 30
17. Question
Which of the following is true regarding the requirements to obtain a broker’s license?
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Question 18 of 30
18. Question
A licensed real estate agent who has not been active for over 5 years wants to sell their personal home, which of the following is true regarding their house advertisement?
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Question 19 of 30
19. Question
In order to obtain a real estate license, you must
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Question 20 of 30
20. Question
Which of the following do not require a real estate license in Georgia
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Question 21 of 30
21. Question
All real estate offices in Georgia must:
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Question 22 of 30
22. Question
If you need funding from The Georgia Education, Research, and Recovery Fund which is not required?
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Question 23 of 30
23. Question
Define impact fees.
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Question 24 of 30
24. Question
A business entity managed and operated by its board of directors, who are selected by the owners of the corporation is a:
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Question 25 of 30
25. Question
A limited liability company is best defined as:
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Question 26 of 30
26. Question
What is a sole proprietorship?
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Question 27 of 30
27. Question
Define “vested in an individual”
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Question 28 of 30
28. Question
Which of the following does the the Georgia Education, Research, and Recovery Fund do?
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Question 29 of 30
29. Question
Without the passage of _____, one can’t practice real estate in Georgia
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Question 30 of 30
30. Question
In order to sell real property securites, one must obtain:
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