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Practice Of Real EstateLicense_lawEASY

Lisa has been a Georgia resident for 15 years but obtained her real estate license in Florida 3 years ago when she briefly lived there for work. She now wants to practice real estate in Georgia where she currently resides. Which statement best describes her situation under Georgia license law?

Correct Answer

D) She qualifies for reciprocity based on her active Florida license regardless of her residency history

Correct: D - She qualifies for reciprocity based on her active Florida license regardless of her residency history. Reciprocity is based on holding an active license in a reciprocal state, not on residency history or current residence. Why not A: This option is incorrect because "She needs special permission from GREC due to her residency circumstances" does not match the rule tested by the question. The correct answer is "She qualifies for reciprocity based on her active Florida license regardless of her residency history". Reciprocity is based on holding an active license in a reciprocal state, not on residency history or current residence. Why not B: This option is incorrect because "She must take the complete Georgia real estate exam since she's been a Georgia resident too long" does not match the rule tested by the question. The correct answer is "She qualifies for reciprocity based on her active Florida license regardless of her residency history". Reciprocity is based on holding an active license in a reciprocal state, not on residency history or current residence. Why not C: This option is incorrect because "She must choose between maintaining her Florida license or obtaining a Georgia license" does not match the rule tested by the question. The correct answer is "She qualifies for reciprocity based on her active Florida license regardless of her residency history". Reciprocity is based on holding an active license in a reciprocal state, not on residency history or current residence.

Answer Options
A
She needs special permission from GREC due to her residency circumstances
B
She must take the complete Georgia real estate exam since she's been a Georgia resident too long
C
She must choose between maintaining her Florida license or obtaining a Georgia license
D
She qualifies for reciprocity based on her active Florida license regardless of her residency history

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Related Topics & Key Terms

Key Terms:

reciprocityresidencydual_licensingflorida
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