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Practice Of Real EstateLicense_lawMEDIUM

A Georgia-licensed real estate broker who has been actively engaged in brokerage for 8 years and has no disciplinary history is nominated to serve on the Georgia Real Estate Commission (GREC). She has no experience in real estate education or appraisal. Based on GREC composition requirements, is she eligible to serve?

Correct Answer

D) She can serve as one of the licensed broker members of the Commission.

Under O.C.G.A. § 43-40-2, GREC is composed of six members appointed by the Governor: five members who hold active real estate licenses (including brokers) and have been actively engaged in the real estate business for at least five years preceding their appointment, plus one consumer member who is not connected with the real estate industry. With 8 years of active brokerage experience and a clean disciplinary record, this broker meets the statutory qualifications for one of the five licensee seats.

Answer Options
A
She must first obtain additional certifications before she can qualify for any Commission seat.
B
She can only serve as the consumer member since active brokers are excluded from licensee seats.
C
She cannot serve because she lacks education or appraisal experience.
D
She can serve as one of the licensed broker members of the Commission.

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Related Topics & Key Terms

Key Terms:

GRECcommission_compositionbroker_qualifications
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