Under O.C.G.A. Title 43, Chapter 40, what is the minimum number of Georgia Real Estate Commission members required to be present to conduct a disciplinary hearing?
Correct Answer
A) Four members
Under O.C.G.A. § 43-40-6, the Georgia Real Estate Commission consists of six appointed members. A quorum requires a majority of the Commission's membership, which is four members. This is the minimum number required to conduct official business, including disciplinary hearings. Without a quorum, the Commission cannot take binding action on disciplinary matters.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
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