Ga real estate exam - Study guides, Class notes & Summaries

GA REAL ESTATE Exam Bank Questions and Accurate Solutions Rated A.

GA REAL ESTATE LICENSE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. Georgia Real Estate Commission size - -6 members Georgia Real Estate Commission appointed by - -Governor of Georgia Georgia Real Estate Commission confirmed by - -Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - -5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - -5 Does the sixth member of the Georgia Real Es...

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GA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. In license law, a person is defined as? a) a designated licensee within a brokerage company. b) only a single individual. c) either a licensed individual or business. d) either an individual or firm. - -D Charging advance brokerage fees is.. a) prohibited by the Commission. b) a duty of a broker. c) allowed only for auctioning purposes. d) allowed only for property management functions. - -B The Ge...

GA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. ____ are a good indication of risk - -Cap rates ____ fraud is the intentional failure to reveal a material fact that impacts a real estate transaction - - Passive ____ is making a statement that is not intentionally wrong, but is not correct because the agent or broker fails to confirm the accuracy prior to making the false statement - -Negligent misrepresentation ____ misrepresentation is the result of intentionally...

GA Real Estate Exam Questions With Verified And Updated Solutions. Leisure property - answerIncludes hotels motels golf courses resorts sporting arenas movie theaters and restaurants (Requires hands on management) industrial property rights - answerIncludes heavy or light manufacturing warehouse and distribution. Clear height is a key consideration Healthcare properties - answerIncludes doctors offices urgent care clinics hospitals require a specialized outfitting Office buildings - answ...

The government's right to make laws and regulations for the general welfare is known as: A. eminent domain B. police power C. escheat D. the bundle of rights correct answer-B. police power The City of Atlanta has condemned Nelson's land in order to extend its rapid transit services. This procedure is made possible because of the city's right of: A. entry B. escheat C. eminent domain D. police power correct answer-C. eminent domain A private landowner has the right to: A. ...

GA REAL ESTATE EXPRESS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Under the _______ of recording, title passes when the conveyance is registered on the title certificate. - -Torrens System Non-judicial foreclosure is required to foreclose on a - -Deed of Trust A broker induces an owner to sell by telling him that Muslims are moving into the neighborhood. This broker is guilty of - -Blockbusting What type of agency cannot be revoked by the principal, nor is terminated if the pri...

GA MLS Real Estate Practical Final Exam Questions With Answers 2023 Solution Safety Clause - CORRECT ANS -A negotiated period after the termination of the listing during which the listing broker may still be entitled to a commission if the property is sold to a buyer who was shown the property during the listing period Survival Clause - CORRECT ANS -A clause in the contract for purchase and sale that, unless otherwise expressly agreed to in writing by the buyer and seller, allows certai...