A property manager in Georgia claims that managing fewer than ten rental units automatically exempts the activity from real estate licensure requirements. Under Georgia license law, which statement most accurately addresses when an activity is exempt from licensure?

Correct Answer

B) An activity is exempt from Georgia licensure requirements only if it falls within a specific statutory exception enumerated in the license law, not based on a particular unit count.

Under O.C.G.A. Title 43, Chapter 40, Georgia does not provide a blanket exemption based on the number of units managed. Whether an activity requires licensure depends on whether it constitutes brokerage activity as defined by statute, and exemptions apply only when the activity fits a specifically enumerated statutory exception (e.g., an owner managing his or her own property). The 'ten units or fewer' claim is a common myth with no basis in Georgia law.