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Under Georgia license law, which statement correctly describes the role and status of an associate broker?

Correct Answer

B) An associate broker is a broker-level licensee who is affiliated with another broker rather than operating as the qualifying broker of an independent firm.

Under O.C.G.A. § 43-40-1, Georgia defines an associate broker as a person who holds a broker's license but chooses to work under the supervision of another broker rather than serving as the qualifying broker of their own firm. This distinction is important because it recognizes that a person can hold broker-level qualifications while still affiliating with another broker's firm, which affects supervisory structure and liability.

Answer Options
A
An associate broker may operate an independent brokerage firm without a qualifying broker, provided they have held a broker license for at least three years.
B
An associate broker is a broker-level licensee who is affiliated with another broker rather than operating as the qualifying broker of an independent firm.
C
An associate broker holds a salesperson license but is granted broker-level authority by the Georgia Real Estate Commission upon request.
D
An associate broker is automatically designated when a salesperson completes the required continuing education hours, without passing the broker examination.

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Key Terms:

georgiastate_portionocga_title43_ch40ga_license_law
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