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GA Real Estate Questions and Answers Pack| 100% Correct Answer | Grade A+
GA Real Estate Questions and Answers Pack| 100% Correct Answer | Grade A+
[Show more]GA Real Estate Questions and Answers Pack| 100% Correct Answer | Grade A+
[Show more]People who sell real estate for others.... 
Ans: must be licensed in order to collect compensation 
who can be licensed as a real estate broker? 
Ans: a corporation, a partnership, an actual person 
what is not a real estate license catergory 
Ans: attorney in fact 
a real estate listing is a contra...
Preview 4 out of 43 pages
Add to cartPeople who sell real estate for others.... 
Ans: must be licensed in order to collect compensation 
who can be licensed as a real estate broker? 
Ans: a corporation, a partnership, an actual person 
what is not a real estate license catergory 
Ans: attorney in fact 
a real estate listing is a contra...
Commission Members 
Ans: -6 members total 
-Appointed by the governor and confirmed by the state senate, for 5 year terms 
-The terms are staggered 
-5 members MUST be licensed in real estate for at least 5 years and a Georgia resident for at 
least 5 years 
-1 member must be a "consumer member" ...
Preview 3 out of 26 pages
Add to cartCommission Members 
Ans: -6 members total 
-Appointed by the governor and confirmed by the state senate, for 5 year terms 
-The terms are staggered 
-5 members MUST be licensed in real estate for at least 5 years and a Georgia resident for at 
least 5 years 
-1 member must be a "consumer member" ...
Leisure property 
Ans: Includes hotels motels golf courses resorts sporting arenas movie theaters and 
restaurants (Requires hands on management) 
industrial property rights 
Ans: Includes heavy or light manufacturing warehouse and distribution. Clear height is a key 
consideration 
Healthcare pro...
Preview 4 out of 101 pages
Add to cartLeisure property 
Ans: Includes hotels motels golf courses resorts sporting arenas movie theaters and 
restaurants (Requires hands on management) 
industrial property rights 
Ans: Includes heavy or light manufacturing warehouse and distribution. Clear height is a key 
consideration 
Healthcare pro...
Less than Freehold Estate 
Ans: a limited period of time 
Estate for years 
Ans: Lease for a definite period of time 
Periodic Tenancy 
Ans: A lease interest in land for an indefinite period involving payment of rent at fixed 
intervals, such as week to week, month to month, or year to year. 
Estat...
Preview 3 out of 23 pages
Add to cartLess than Freehold Estate 
Ans: a limited period of time 
Estate for years 
Ans: Lease for a definite period of time 
Periodic Tenancy 
Ans: A lease interest in land for an indefinite period involving payment of rent at fixed 
intervals, such as week to week, month to month, or year to year. 
Estat...
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