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Practice Of Real EstateLicense_lawHARD

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.

Answer Options
A
Give Tom 30 days to self-report before taking any action
B
Allow Tom to handle the matter privately when he renews his license
C
Report the matter only if Tom fails to disclose it during license renewal
D
Immediately terminate Tom's association and report the conviction to GREC

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Related Topics & Key Terms

Key Terms:

broker_supervisionfelony_convictionreporting_requirementsmoral_turpitude
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