A newly licensed Georgia salesperson completed a 4-hour REALTOR® association ethics course and wants to count those hours toward the Georgia License Law CE requirement for renewal. How does GREC treat trade-association ethics courses in relation to the mandatory License Law CE hours?
Correct Answer
A) Trade-association ethics courses and Georgia License Law CE hours are separate requirements; completing one does not automatically satisfy the other.
Under GREC Rule 520-2-.03 and related CE provisions, Georgia's mandatory License Law CE hours must cover Georgia-specific real estate law and GREC regulatory topics. Trade-association ethics courses—such as those required by the National Association of REALTORS®—address the organization's own Code of Ethics, which is a separate body of professional standards. GREC does not automatically recognize trade-association ethics training as fulfilling the License Law requirement because the subject matter, governing authority, and educational objectives differ. Licensees must complete GREC-approved License Law courses to satisfy that specific CE mandate.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
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