Under Georgia license law, which statement correctly describes who must hold a real estate license?

Correct Answer

B) A person who performs brokerage acts for another for a fee in Georgia generally must hold the appropriate real estate license unless a statutory exception applies.

Under O.C.G.A. § 43-40-29, Georgia requires any person who performs brokerage acts for another for valuable consideration to hold the appropriate real estate license. The statute defines 'brokerage acts' broadly and only exempts specific categories of persons or activities expressly listed in the statute. The focus is on the nature of the activity performed for compensation, not the label given to the payment.