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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.

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Related Topics & Key Terms

Key Terms:

georgiastate_portionsalesperson_licensing_and_postlicense_requirementsga_license_law
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