A GREC investigation reveals that a licensee conducted multiple real estate transactions over an 8-month period while holding an expired license and failed to disclose this status to clients. Which disciplinary action is GREC authorized to impose for these violations?
Correct Answer
B) Revocation of license
Under O.C.G.A. § 43-40-25, GREC has the authority to revoke a real estate license for serious violations, including conducting transactions without a valid license. Operating on an expired license for an extended period while failing to disclose that status to clients constitutes a serious breach of Georgia license law, warranting revocation. Note that revocation under Georgia law does not necessarily mean a permanent bar; a licensee may petition for reinstatement after a specified period.
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