GA Real Estate Salesperson State Exam Questions And Answers
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Course
Barney Fletcher
Institution
Barney Fletcher
GA Real Estate Salesperson State Exam
Questions And Answers
qualifying broker an individual who holds a broker's license and serves a corporation,
limited liability company, or a partnership to assure that it and its affiliated licensees adhere to
the license law
associate broker any person ...
GA Real Estate Salesperson State Exam
Questions And Answers
qualifying broker an individual who holds a broker's license and serves a corporation,
limited liability company, or a partnership to assure that it and its affiliated licensees adhere to
the license law
associate broker any person who has attained the age of at least 21 years, who is a high
school graduate or holds a certificate of equivalency and who acts on behalf of a real estate
broker in performing any act authorized to be performed by the broker. An associate broker is an
individual who has completed the education requirement for an associate broker's license, who
has successfully passed a broker's examination, and to whom the Commission has issued an
associate broker's license
salesperson any person, other than an associate broker, who has attained the age of at least
18
years, who is a high school graduate or holds a certificate of equivalency and who acts on behalf
of a real estate broker in performing any act authorized to be performed by the broker
community association manager any person who has attained the age of at lease 18 years,
who is a
, GA Real Estate Salesperson State Exam
Questions And Answers
high school graduate or holds a certificate of equivalency and who acts on behalf of a real estate
broker in performing only community association management services
agency relationship a contractual relationship between two people in which one person,
the agent, acts or works on behalf of the other person, the principal. The agent has certain duties
and responsibilities to the principal
universal agent an transact all activities or business for the principal such as the legal
guardian of a minor
general agent can transact all activity for a principal in a particular business in which the
principal is engaged such as the broker's affiliated licensee
special agent can transact only one or more specific acts at the instructions of the principal
limited agent an agent who is responsible for exercising ordinary care in the discharge of
specified duties under a brokerage engagement contract and who has limited fiduciary
obligations to the principal
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