A real estate licensee who is a resident of Florida holds an active Florida salesperson license obtained by passing the Florida licensing examination. She wants to obtain a Georgia real estate license. How does Georgia law treat her application compared to applicants who are residents of other states?
Correct Answer
D) She must take and pass the Georgia Law and Practice supplement exam administered through PSI, rather than using the standard process available to qualifying applicants from most other states.
Under GREC's current licensing rules, Florida residents are specifically carved out from the standard out-of-state applicant process. Rather than following the path available to qualifying licensees from most other jurisdictions, Florida residents must take and pass the Georgia Law and Practice supplement exam through PSI before they can obtain a Georgia license. This requirement reflects the unique regulatory relationship between the two states. See GREC nonresident application procedures and O.C.G.A. § 43-40-9.
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Related Topics & Key Terms
Key Terms:
Related Concepts
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
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