Under Georgia law, which of the following statements about GREC's authority over unlicensed activity and broker supervision is correct?
Correct Answer
D) Engaging in unlicensed real estate activity or the unauthorized practice of licensed real estate services can result in serious disciplinary action or license denial by GREC.
Under O.C.G.A. § 43-40-12 and § 43-40-25, performing real estate brokerage activities without a license is a violation of Georgia law, and GREC has authority to impose sanctions including denial of a license application, fines, and referral for criminal prosecution. Georgia treats unlicensed practice as a serious public protection issue because consumers may be harmed by unqualified individuals handling real estate transactions.
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- → According to GREC advertising rules, what name identification is required on a real estate yard sign placed on a listed property?
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A licensed agent is found to have violated federal fair housing laws by refusing to show properties to buyers based on national origin. What disciplinary action is GREC authorized to take against the licensee?
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Agent Maria Lopez was cited for minor record-keeping violations in her transaction files, missing some required documentation. As a first-time offender, which penalty would be LEAST likely for this violation?