Broker Jo met D who wants to buy a home jo provides D info to hawaii brok for a referal fee is jane required to disclose

broker engage by client donot violate broker agreemnt by providing asistnce

Which of the following statements is true regarding taxes

Transfer tax based on sale price intangible recording tax base on loan amnt

Which category of appraiser may appraise any type of property without regard to purpose

State Certified General Appraiser

Brokers are required to do which of the following

Review client contracts within 30 days for compliance with rules/regulation

Which following individuals must have a real estate license when representing an owner in a real estate transaction?

an auctioneer selling real estate

Which of the following statements is true regarding advertising

Indicating that a property is not available for sake or rent when its avail

acts on behalf of and performs brokerage activity on behalf of broker

Regarding environmental issues, licensees

must disclose environmental issues of which they are aware

The Georgia Fair Housing Code prohibits which of the following acts?

Indicating that a property is not available for sake or rent when its avail

Licensees are required to disclose which of the following

A homicide or suicide on the property,if asked by a potential buyer

A broker may be held responsible for license law violations of affiliated licensees unless the broker

had reasonable procedures in place for supervising affil/did not particpate

Which is true regarding ministerial acts?

broker engage by client donot violate broker agreemnt by providing asistnce

Which of the following statements is true regarding leases

If tenant donot give up posession disposesory affidvit can be file in Court

Which of the following would be an unfair trade practice?

Attempt to represent broker,without knowledge and consent of license broker

Which of the following statements is false regarding support personnel working with affilitated licensees?

Indiv active license with 1 firm may not work as support person for another

If licensee has been found guilty of violation as a result of a hearing and has exhausted all admin duties has option to

requesting jusicial review in the county of the commissions domicile

J,a licensee affiliated with broker bob ,is selling an unlisted investment property. J must do all the following except

deposit the earnest money into his personal account

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Duplicate of Georgia Sample Questions TB1-A

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Answers

1
Broker Jo met D who wants to buy a home jo provides D info to hawaii brok for a referal fee is jane required to disclose
transactn broker may not provide asistnce to consumers by performing minist
broker engage by client donot violate broker agreemnt by providing asistnce
ministerial acts are acts performed by a licensee on behalf of the client
support personnel may perform ministerial duties or brokerage activities
2
Which of the following statements is true regarding taxes
Transfer tax base on loan amount intangible recording tax base on saleprice
Transfer tax paid @loan application intangible recording fe paid at closing
Transfer tax based on sale price intangible recording tax base on loan amnt
Real estate taxes must be paid no ater than 10 days after recording of deed
3
Which category of appraiser may appraise any type of property without regard to purpose
State Certified General Appraiser
State Licensec Appraiser
State Registered Appraiser
State Certified Residential Appraiser
4
Typically the title search period in georgia is
30 years
75 years
40 years
50 years
5
Regarding mortgage law georgia is a
lien theory state
loan theory state
title theory state
intermediate theory state
6
Brokers are required to do which of the following
Offer designated agency as an option for potential clients
Review client contracts within 30 days for compliance with rules/regulation
Have affiliated licensees as independent contractors
Licensees sign the written employment agreement form provided by commision.
7
Which following individuals must have a real estate license when representing an owner in a real estate transaction?
an attorney in fact under a power of attorney
an auctioneer selling real estate
An executor
An administrator
8
Which of the following statements is true regarding advertising
owner of
Advertising a property by emphasizing its amenities
Refusing to rent to tenants that are a threat to other tenants
Indicating that a property is not available for sake or rent when its avail
9
Licensees are required to remove for sale signs from expired listings within _____ of expiration
48 hours
72 hours
10 days
5 days
10
In Georgia which of the following covenants is not included in general warranty deeds
Covenant of further assurance
Covenant of title
Covenant against encumbrances
Covenant of quiet enjoyment
11
In georgia which of the following covenants is not included in general warranty deeds
security deed
limited warranty deed
escrow deed
quitclaim deed
12
an associate broker
acts on behalf of and performs brokerage activity on behalf of broker
has a licensing requirement of a 40 hour course
may not serve as broker or qualifying broker
is a broker in training
13
The statue of limitations for collection from the real estate education research amd recovery fund is ____ years
2
5
3
10
14
Regarding environmental issues, licensees
may not disclose environmental issues when representing the seller
must disclose environmental issues of which they are aware
must investigate properties to discover any potential issues
must disclose known environmental hazards only if asked
15
The Georgia Fair Housing Code prohibits which of the following acts?
Advertising a property by emphasizing its amenities
Refusing to show a property to a buyer who does not qualify financially
Refusing to rent to tenants that are a threat to other tenants
Indicating that a property is not available for sake or rent when its avail
16
Licensees are required to disclose which of the following
A homicide or suicide on the property,if asked by a potential buyer
The fact that one of the owners died of aids
The fact that a suicide recently took place on the property
The fact that a homicide recently took place on the property
17
A broker may be held responsible for license law violations of affiliated licensees unless the broker
has a written policy prohibiting the activity
had reasonable procedures in place for supervising affil/did not particpate
informed the commission upon learning of the violation
had errors and omissions insurance
18
Which is true regarding ministerial acts?
ministerial acts are acts performed by a licensee on behalf of the client
broker engage by client donot violate broker agreemnt by providing asistnce
support personnel may perform ministerial duties or brokerage activities
transactn broker may not provide asistnce to consumers by performing minist
19
Which of the following statements is true regarding leases
tenants right to their security deposit may be waived in the lease
In a tenancy at will the landlord may evict the tenant with 30 days notice
If tenant donot give up posession disposesory affidvit can be file in Court
The landlords duty to make repairs may be waived in the lease
20
Commission citations may result in all the following except
revoking a license
imposing a fine of up to $1,000 for each offense
requirement for the licensee to make periodic reports of the brokers trust
requirement for the licensee to complete a course in brokerage
21
Which of the following would be an unfair trade practice?
Placing for sale/rent with written consent of owner/owners authorized agent
Attempt to represent broker,without knowledge and consent of license broker
Assisting a seller customer in locating an inspector
Assisting a buyer customer in writing an offer
22
Which of the following statements is false regarding support personnel working with affilitated licensees?
Indiv active license with 1 firm may not work as support person for another
the brokerage firm must have written agreement with the support personnel
Unlicensed support personel are prohibited from performing licensing duties
licensee/support personalmust have separate written agreemnt specify duties
23
If licensee has been found guilty of violation as a result of a hearing and has exhausted all admin duties has option to
applying to the court of appeals
asking for a review by a panel of peers
requesting a hearing
requesting jusicial review in the county of the commissions domicile
24
The commission will resolve compensation disputes
between brokers involved with referral of clients
between cooperating brokers
between brokers and affiliated licensed
under no circumstances
25
J,a licensee affiliated with broker bob ,is selling an unlisted investment property. J must do all the following except
disclose to the buyer that he is a real estate licensee
advise broker bob in writing that he is selling the property
put the fact that he is a licensee in the purchase contract
deposit the earnest money into his personal account

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