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Practice Of Real EstateLicense_lawMEDIUM

Maria is a licensed real estate broker in Florida who has been actively practicing for 8 years. She recently purchased a vacation home in Savannah and wants to obtain a Georgia real estate license through reciprocity. She has never been disciplined in Florida and holds an active license. What must Maria do to obtain her Georgia license?

Correct Answer

B) Submit a reciprocity application with proof of her Florida license and meet all other Georgia requirements

Georgia offers license recognition for out-of-state licensees: an applicant with an active out-of-state license in good standing may apply to the Georgia Real Estate Commission, submit a license history/certification from the home state, and satisfy Georgia's other requirements (such as the state portion of the exam and background check) to obtain a Georgia license.

Answer Options
A
Take only the Georgia portion of the licensing exam since she has reciprocity
B
Submit a reciprocity application with proof of her Florida license and meet all other Georgia requirements
C
Complete the full Georgia pre-licensing education and examination requirements
D
Wait until she establishes Georgia residency before applying for reciprocity

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Related Topics & Key Terms

Key Terms:

reciprocityout_of_state_licensefloridalicensing_requirements

Related Concepts

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

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