Under O.C.G.A. Title 43, Chapter 40, which statement correctly describes who must hold a real estate license in Georgia?

Correct Answer

C) 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

O.C.G.A. § 43-40-29 establishes that performing brokerage acts for another person for compensation requires a Georgia real estate license. The statute defines brokerage acts broadly and provides only specific, enumerated exceptions (such as owners managing their own property or attorneys performing duties within their profession). The licensing requirement is triggered by the nature of the activity, not the label given to the compensation.