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?
Correct Answer
C) Immediate license revocation
Immediate license revocation would be LEAST likely because minor record-keeping violations by first-time offenders typically result in lesser penalties like fines, education, or reprimands rather than the severe penalty of revocation, which is reserved for serious violations or repeat offenders.
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Under Georgia law, which of the following statements about GREC's authority over unlicensed activity and broker supervision is correct?
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Broker Steve Johnson's license was suspended for 18 months due to escrow violations. During his suspension period, he was caught providing real estate services and collecting commissions through an unlicensed entity he created. What additional penalty can GREC impose?