Georgia — License Law & GREC — Georgia Real Estate — State Law Practice Test

This Georgia Real Estate — State Law Georgia — License Law & GREC practice set has 20 practice questions based on the official exam materials, each with an instant explanation.

Sample questions

Three questions from the Georgia — License Law & GREC bank with the correct answer and an explanation. The practice quiz above draws 20 questions at random from the same bank.

1. Under O.C.G.A. §43-40-1, a person who, for a fee, lists or sells real estate owned by another must generally hold what credential in Georgia?

   • A real estate license issued by the Georgia Real Estate Commission — Correct answer
   • A Georgia business license only
   • A notary public commission
   • Membership in a local Realtor association

   Explanation: Georgia's License Law (the Brokerage Act) requires a person who performs real-estate brokerage activity for another for valuable consideration to hold a real-estate license; an owner selling his OWN property is exempt. Real estate broker/salesperson（房地产经纪人/销售员 / corredor/vendedor de bienes raíces）: a person licensed by GREC to act for others in real-estate transactions for compensation. Source: O.C.G.A. §43-40-1; §43-40-30.

   Handbook: Georgia License Law & GREC — who must be licensed (O.C.G.A. §43-40-1 / §43-40-30)

2. In Georgia, what is the key difference between a real estate salesperson and a broker under O.C.G.A. §43-40-1?

   • A salesperson must work under a licensed broker, while a broker may operate independently — Correct answer
   • A salesperson may operate independently, but a broker may not
   • Only a salesperson may collect a commission directly from the public
   • There is no difference; the titles are interchangeable

   Explanation: A Georgia salesperson must affiliate with and work under a licensed broker, while a broker may operate independently, own a firm, and hold others' licenses. A salesperson cannot operate alone. Broker（经纪人 / corredor）: a licensee who may own a brokerage firm and supervise affiliated licensees. Source: O.C.G.A. §43-40-1; §43-40-19.

   Handbook: Georgia License Law & GREC — salesperson vs broker (O.C.G.A. §43-40-1)

3. Georgia separately licenses a person who, for a fee, manages homeowner or condominium association common areas. What is this license category called under O.C.G.A. §43-40-1?

   • Community association manager — Correct answer
   • Property broker-in-charge
   • Transaction broker
   • Resident property agent

   Explanation: Georgia License Law defines a 'community association manager' as a separate license category for managing common elements of associations; it is narrower than a full broker/salesperson license. Community association manager（社区协会经理 / administrador de asociación comunitaria）: a GREC licensee whose authority is limited to managing association common areas, not general brokerage. Source: O.C.G.A. §43-40-1.

   Handbook: Georgia License Law & GREC — community association manager category (O.C.G.A. §43-40-1)