Under Georgia advertising rules, which of the following statements correctly describes a licensee's obligation regarding online property listings?
Correct Answer
A) Online advertisements must be promptly updated or removed when the information they contain becomes inaccurate or misleading, such as after a property goes under contract or the listing expires.
Under GREC advertising rules, internet and online advertising is treated the same as any other form of advertising and must remain accurate and compliant at all times. A stale or outdated online posting—such as one advertising a property that is no longer available or listing incorrect terms—can constitute a misleading advertisement in violation of Georgia license law. Licensees have an ongoing duty to update or remove online content when it becomes inaccurate. (GREC Rules 520-1-.09; O.C.G.A. § 43-40-25(a)(22))
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A broker receives earnest money deposits from two competing offers on the same property. Under GREC trust account rules, what is the broker's obligation regarding these funds?
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A Georgia licensee wants to advertise a property that the licensee personally owns. Under GREC advertising rules, which statement best describes the licensee's obligations?