Under Georgia license law, which of the following statements about licensed and unlicensed activity is NOT correct?
Correct Answer
C) An unlicensed assistant may negotiate the price or terms of a real estate transaction provided the supervising broker reviews all paperwork before closing.
Negotiating price or terms of a real estate transaction is a brokerage act as defined in O.C.G.A. § 43-40-1 and requires a real estate license. This activity cannot be delegated to an unlicensed assistant under any circumstances, even with broker review. O.C.G.A. § 43-40-29 prohibits unlicensed persons from performing brokerage acts for compensation, and broker supervision does not cure the violation.
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