Broker Jennifer discovers that her salesperson Tom has been convicted of a felony involving moral turpitude six months ago but failed to report it to GREC as required. Tom's license expires in 30 days, and he plans to renew it without disclosing the conviction. Under O.C.G.A. Title 43, Chapter 40, what action must Jennifer take?
Correct Answer
D) Immediately terminate Tom's association and report the conviction to GREC
Correct: D - Immediately terminate Tom's association and report the conviction to GREC. § 43-40-25(c), brokers have a duty to supervise their associated licensees and must report violations to GREC. Since Tom failed to report a felony conviction involving moral turpitude as required by law, Jennifer must immediately terminate the association and report the matter to GREC. Why not A: This option is incorrect because "Give Tom 30 days to self-report before taking any action" does not match the rule tested by the question. The correct answer is "Immediately terminate Tom's association and report the conviction to GREC". § 43-40-25(c), brokers have a duty to supervise their associated licensees and must report violations to GREC. Since Tom failed to report a felony conviction involving moral turpitude as required by law, Jennifer must immediately terminate the association and report the matter to GREC. Why not B: This option is incorrect because "Allow Tom to handle the matter privately when he renews his license" does not match the rule tested by the question. The correct answer is "Immediately terminate Tom's association and report the conviction to GREC". § 43-40-25(c), brokers have a duty to supervise their associated licensees and must report violations to GREC. Since Tom failed to report a felony conviction involving moral turpitude as required by law, Jennifer must immediately terminate the association and report the matter to GREC. Why not C: This option is incorrect because "Report the matter only if Tom fails to disclose it during license renewal" does not match the rule tested by the question. The correct answer is "Immediately terminate Tom's association and report the conviction to GREC". § 43-40-25(c), brokers have a duty to supervise their associated licensees and must report violations to GREC. Since Tom failed to report a felony conviction involving moral turpitude as required by law, Jennifer must immediately terminate the association and report the matter to GREC.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
- → A responsible broker in Wyoming asks about a first-time salesperson applicant prepares for Wyoming-specific licensing. Which answer follows Wyoming law?
- → Which Wyoming rule applies when an out-of-state salesperson applies for Wyoming licensure?
- → A responsible broker in Wyoming asks about the Commission director receives a complaint about real estate practice. Which answer follows Wyoming law?
- → For the Wyoming salesperson state portion, a first-time Wyoming salesperson applicant starts the application process. Which statement is correct?
- → A Wyoming licensee is reviewing all first-time salesperson steps are otherwise complete. What is the best answer?
- → For the Wyoming salesperson state portion, a licensee asks how long Wyoming renewal periods are. Which statement is correct?
- → Which Wyoming rule applies when a licensee does not timely submit the complete renewal application, proof of CE, and renewal fees?
- → Which Wyoming rule applies when the Commission acts on license issuance and discipline?
- → In Wyoming real estate practice, a written sworn complaint or Commission motion starts a disciplinary matter. What should the licensee remember?
- → A Wyoming licensee is reviewing a first-time salesperson applicant asks which prelicense courses are required. What is the best answer?
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