Georgia Real Estate Class Final , Georgia Real Estate State Portion, Real Estate Exam Study Set, Exam Vocabulary, Exam Prep Scenario ,License Exam, GA Real Estate Practice, Real Estate Practice Test , GA REAL ESTATE EXAM PREP / HARD , Georgia Real Estate Exam Study Guide with Complete Solutions...
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Accession - ANSWER-The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - ANSWER-A measure of land area equal to 43560 square feet. 43560 - ANSWER-The number of squarefeet in one acre. Act...
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Add to cartAccession - ANSWER-The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - ANSWER-A measure of land area equal to 43560 square feet. 43560 - ANSWER-The number of squarefeet in one acre. Act...
How often *must* you take continuing education? - ANSWER-*Every 4 years*. In Georgia, which of the following is *NOT* a cost or expense of owning a home? - ANSWER-Taxes on *personal property*. A *Broker's*, license fee costs how much? - ANSWER-*$170* All of the following, exist in Georgia ...
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Add to cartHow often *must* you take continuing education? - ANSWER-*Every 4 years*. In Georgia, which of the following is *NOT* a cost or expense of owning a home? - ANSWER-Taxes on *personal property*. A *Broker's*, license fee costs how much? - ANSWER-*$170* All of the following, exist in Georgia ...
Easement by prescription - ANSWER-Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - ANSWER-Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress o...
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Add to cartEasement by prescription - ANSWER-Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - ANSWER-Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress o...
Personal property that, by its attachment to real property, is regarded as real estate is called: A. an emblements B. personalty C. a fixture D. an appliance - ANSWER-C. a fixture What is the main purpose of police power? A. to protect the health, safety, and welfare of the community B....
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Add to cartPersonal property that, by its attachment to real property, is regarded as real estate is called: A. an emblements B. personalty C. a fixture D. an appliance - ANSWER-C. a fixture What is the main purpose of police power? A. to protect the health, safety, and welfare of the community B....
Georgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER-5 years...
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Add to cartGeorgia Real Estate Commission size - ANSWER-6 members Georgia Real Estate Commission appointed by - ANSWER-Governor of Georgia Georgia Real Estate Commission confirmed by - ANSWER-Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - ANSWER-5 years...
Deed - ANSWER-Document used to transfer title. Title - ANSWER-Land+ deed, (who are the owners and what are their rights?) Real Estate - ANSWER-Land+appurtenances (right or improvement attached to the land) Two types of characteristics of land: - ANSWER-Physical & economic What are the ph...
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Add to cartDeed - ANSWER-Document used to transfer title. Title - ANSWER-Land+ deed, (who are the owners and what are their rights?) Real Estate - ANSWER-Land+appurtenances (right or improvement attached to the land) Two types of characteristics of land: - ANSWER-Physical & economic What are the ph...
Accrued interest on loan assumed. - ANSWER-Which of the following costs is usually a credit on the estimated purchaser's cost worksheet? Hazard insurance is - ANSWER-prepaid in advance negotiable between the buyer and seller - ANSWER-The payment of the intangibles taxes are: If neither Bai...
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Add to cartAccrued interest on loan assumed. - ANSWER-Which of the following costs is usually a credit on the estimated purchaser's cost worksheet? Hazard insurance is - ANSWER-prepaid in advance negotiable between the buyer and seller - ANSWER-The payment of the intangibles taxes are: If neither Bai...
What fines may be imposed by the Commission for rules violations? - ANSWER-A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - ANSWER-a duty of a broker. Agency can best be described as - ANSWER-a written representation agreement betw...
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Add to cartWhat fines may be imposed by the Commission for rules violations? - ANSWER-A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - ANSWER-a duty of a broker. Agency can best be described as - ANSWER-a written representation agreement betw...
Angie owns a four-plex. She lives in one unit and rents out the others - ANSWER-Which of the following may represent an exemption from Georgia fair housing laws Kiting - ANSWER-Representing the sale price on a home as an amount greater than what it actually sold for is considered Providing fin...
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Add to cartAngie owns a four-plex. She lives in one unit and rents out the others - ANSWER-Which of the following may represent an exemption from Georgia fair housing laws Kiting - ANSWER-Representing the sale price on a home as an amount greater than what it actually sold for is considered Providing fin...
Georgia Real Estate Commission members serve terms of four years. five years and serve until a replacement is named. two years and may serve three terms three years and may serve two terms. - ANSWER-five years and serve until a replacement is named. Further regarding trust accounts, which of th...
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Add to cartGeorgia Real Estate Commission members serve terms of four years. five years and serve until a replacement is named. two years and may serve three terms three years and may serve two terms. - ANSWER-five years and serve until a replacement is named. Further regarding trust accounts, which of th...
Title - ANSWER-Document that shows ownership Alienation - ANSWER-To sell or convey Transfer: change of ownership Legal Title - ANSWER-Ownership with right of possession and use Equitable Title - ANSWER-Right to legal title upon completion of contract Buyer receives after they go into co...
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Add to cartTitle - ANSWER-Document that shows ownership Alienation - ANSWER-To sell or convey Transfer: change of ownership Legal Title - ANSWER-Ownership with right of possession and use Equitable Title - ANSWER-Right to legal title upon completion of contract Buyer receives after they go into co...
When applying for a loan, what is a fixed rate? - ANSWER-A loan that has a predetermined repayment interest rate What act prohibits discrimination based on race or color? - ANSWER-Civil Right Acts Of 1866 What is the financial document that contains a written promise to fulfill a certain payme...
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Add to cartWhen applying for a loan, what is a fixed rate? - ANSWER-A loan that has a predetermined repayment interest rate What act prohibits discrimination based on race or color? - ANSWER-Civil Right Acts Of 1866 What is the financial document that contains a written promise to fulfill a certain payme...
Best describes parcel of land - ANSWER-the surface of the earth extending down to the center and upward to infinity Determining if Fixture, NOT considered - ANSWER-Value of item Characteristic in difference btwn personal prop. from real property. - ANSWER-mobility When used in deed or other...
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Add to cartBest describes parcel of land - ANSWER-the surface of the earth extending down to the center and upward to infinity Determining if Fixture, NOT considered - ANSWER-Value of item Characteristic in difference btwn personal prop. from real property. - ANSWER-mobility When used in deed or other...
Based on the ability to accept assignments, which appraiser has the most latitude? - ANSWER-certified general Which state agency is responsible for the implementation of the Georgia Lead Paint Prevention Act of 1994? - ANSWER-GA Dept of Natural Resources How far back does a normal Georgia titl...
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Add to cartBased on the ability to accept assignments, which appraiser has the most latitude? - ANSWER-certified general Which state agency is responsible for the implementation of the Georgia Lead Paint Prevention Act of 1994? - ANSWER-GA Dept of Natural Resources How far back does a normal Georgia titl...
Legal competency age in Georgia is: a. 15 b. 18 c. 21 d. 16 - ANSWER-B. What does BRRETA stand for? a. The Brokerage Real Estate Training Act b. The Brokerage Real Estate Transactions Act c. The Brokerage Relationships in Real Estate Transactions Act d. The Georgia Basic Relationships in ...
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Add to cartLegal competency age in Georgia is: a. 15 b. 18 c. 21 d. 16 - ANSWER-B. What does BRRETA stand for? a. The Brokerage Real Estate Training Act b. The Brokerage Real Estate Transactions Act c. The Brokerage Relationships in Real Estate Transactions Act d. The Georgia Basic Relationships in ...
When you list an owner's property for sale you owe them client level services, fiduciary services which include - ANSWER-confidentiality, loyalty, obedience, full disclosure a recent appraisal on a property reveals that a home has a leaking roof, dirty carpeting, updated granite countertops, cen...
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Add to cartWhen you list an owner's property for sale you owe them client level services, fiduciary services which include - ANSWER-confidentiality, loyalty, obedience, full disclosure a recent appraisal on a property reveals that a home has a leaking roof, dirty carpeting, updated granite countertops, cen...
Anti-Trust - ANSWER-An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - ANSWER-Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compensation, and Liabi...
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Add to cartAnti-Trust - ANSWER-An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - ANSWER-Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compensation, and Liabi...
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