EstatePass
Practice Of Real EstateLicense_lawHARD

A newly licensed Georgia salesperson has passed the qualifying examination and received notification of approval. Under O.C.G.A. Title 43, Chapter 40, what must occur before this individual may lawfully engage in real estate brokerage activities?

Correct Answer

B) The salesperson's license must be placed with a sponsoring broker before the salesperson may lawfully practice.

Under O.C.G.A. § 43-40-18, a salesperson's license is not active for brokerage practice until it has been placed with a qualifying sponsoring broker. The sponsoring broker must notify GREC of the affiliation, and only after this placement is the salesperson authorized to perform licensed real estate activities. Practicing without broker sponsorship is a violation of Georgia license law and may result in disciplinary action.

Answer Options
A
The salesperson must complete the 25-hour postlicense course before conducting any brokerage activity.
B
The salesperson's license must be placed with a sponsoring broker before the salesperson may lawfully practice.
C
The salesperson must obtain errors and omissions insurance independently before affiliating with any brokerage.
D
The salesperson must wait a mandatory 30-day cooling-off period after exam passage before the license becomes active.

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

georgiastate_portionsalesperson_licensing_and_postlicense_requirementsga_license_law

Related Concepts

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

Was this explanation helpful?

More Practice Of Real Estate Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing