Georgia Real Estate Exam bundle Questions and Answers with Complete Solutions

If you suspect the presence of UFFI, you can ______________. - ANSWER-recommend testing of the indoor air. When you decide on your items of value (SWAG), follow through with them. You can do this by: Sending every _____ to your "A" clients; and Sending _________ to your "B" and "C" cl...

What is the purpose of a legal description of property? - ANSWER-To accurately locate and identify the BOUNDARIES of a parcel of property to a degree acceptable by courts of law ____ is a legal description of a parcel of land that begins at a well-marked point and follows the boundaries, using di...

An owner sold his 20 unit aparmtnet building. Which is true? - ANSWER-The existing lease agreements must be honored by the new owner "I hear they're moving in, theres goes the neighborhood!" - ANSWER-Blockbusting According to do-not-call legislation, when customer makes an inquiry, agent ma...

real estate license exemptions - ANSWER-An owner of real estate, the spouse of an owner, a general partner of a limited partnership, a landlord, or a prospective purchaser OR their regular employees OR spouses An attorney in fact under a duly executed power of attorney to convey real estate from th...

How many commission members are there? Who are they appointed by? Who are they confirmed by? For how many terms - ANSWER-6 commission members total. Appointed by the governor. Confirmed by the Senate. All 5-year terms. What is the primary purpose of the Georgia Commission? - ANSWER-1) to develop ...

Which of the following best describes a parcel of land? A. The surface of the earth includes all things permanently attached and the control of all minerals and substances beneath. B. The surface of the earth extending down to the center and upward to infinity. C. The earth's surface clearly m...

Truth in Lending Act - ANSWER-prevents trigger words in advertising; requires consumer be allowed to compare rates by APR appraisal process - ANSWER-1) state the problem 2) gather, record, and verify data 3) analyze and interpret 4) estimate land value 5) estimate the value of the property 6) rec...