Georgia Real estate Practice Exam Questions;GA REAL ESTATE FINAL EXAM QUESTIONS;Georgia Real Estate Exam Study Guide Chapter 1 with Complete Solutions(RATED A+);Georgia Real Estate Class Final Exam Questions;Georgia Real Estate Practice 52 Questions Georgia Real Estate State Portion Question;
[Show more]
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...
Preview 3 out of 28 pages
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...
GA REAL ESTATE 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, ex...
Preview 2 out of 8 pages
Add to cartGA REAL ESTATE 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, ex...
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...
Preview 2 out of 6 pages
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....
Preview 1 out of 4 pages
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...
Preview 4 out of 38 pages
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...
Preview 2 out of 12 pages
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...
Preview 2 out of 11 pages
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...
Preview 4 out of 72 pages
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...
Preview 1 out of 4 pages
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...
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...
Preview 2 out of 9 pages
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...
estate licensees enter into employment agreement 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....
Preview 1 out of 2 pages
Add to cartestate licensees enter into employment agreement 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....
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...
Preview 2 out of 12 pages
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...
Preview 2 out of 15 pages
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...
Preview 1 out of 2 pages
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 ...
Preview 2 out of 9 pages
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...
Preview 1 out of 2 pages
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...
Preview 2 out of 13 pages
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...
Broker - ANSWER-Any person who, for another, and who, for a fee, commission, or any other valuable consideration, or with the intent or expectation of receiving the same from another: Brokerage Agreement - ANSWER-An express written contract wherein the client promises to pay the real estate broke...
Preview 1 out of 4 pages
Add to cartBroker - ANSWER-Any person who, for another, and who, for a fee, commission, or any other valuable consideration, or with the intent or expectation of receiving the same from another: Brokerage Agreement - ANSWER-An express written contract wherein the client promises to pay the real estate broke...
1. which of the following ways of specialization is common in the real estate brokerage business A) by background of client B) by type of property C) by years of experience in the business D) by type of mortgage financing required - ANSWER-b 2. which of the following is included in the legal ...
Preview 2 out of 7 pages
Add to cart1. which of the following ways of specialization is common in the real estate brokerage business A) by background of client B) by type of property C) by years of experience in the business D) by type of mortgage financing required - ANSWER-b 2. which of the following is included in the legal ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller papersbyjol. Stuvia facilitates payment to the seller.
No, you only buy these notes for $38.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
78252 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now