A Georgia licensee needs to distinguish policy authority held by the Commission from administrative work performed by its staff. Which statement correctly allocates those functions?
Correct Answer
C) The Commission may adopt and enforce rules within its statutory authority, while staff carry out administrative and investigative functions.
Under O.C.G.A. § 43-40-2 and § 43-40-8, the Georgia Real Estate Commission is vested with rulemaking and disciplinary authority over licensees. Administrative staff and investigators support the Commission by processing applications, conducting investigations, and managing day-to-day operations, but they do not vote on rules or disciplinary actions. This separation ensures that regulatory decisions are made by Governor-appointed Commission members.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
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