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Practice Of Real EstateLicense_lawHARD

Which statement best describes the primary purpose and scope of authority of the Georgia Real Estate Commission?

Correct Answer

A) The Commission's role is to license and discipline covered activity in order to protect the public, not to act as a private advocate for one side of a transaction.

Under O.C.G.A. Title 43, Chapter 40, the Georgia Real Estate Commission was established to protect the public interest by regulating the real estate profession. Its powers include licensing qualified applicants, establishing standards of conduct, investigating complaints, and imposing discipline on licensees who violate the law. The Commission acts as a regulatory body for the benefit of the public, not as a private advocate for any party in a transaction.

Answer Options
A
The Commission's role is to license and discipline covered activity in order to protect the public, not to act as a private advocate for one side of a transaction.
B
The Commission primarily serves as an arbitration body that resolves commission disputes between brokers and their clients.
C
The Commission's authority is limited to issuing licenses; it has no power to investigate complaints or impose disciplinary sanctions on licensees.
D
The Commission regulates only residential transactions and has no jurisdiction over commercial brokerage or property management activities.

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Related Topics & Key Terms

Key Terms:

georgiastate_portionocga_title43_ch40ga_license_law
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