A Georgia licensee performed real estate services without a proper license but later corrected all related paperwork before any consumer suffered a financial loss. How does the Georgia Real Estate Commission view this situation from a disciplinary standpoint?
Correct Answer
B) The Commission may still pursue disciplinary action because correcting paperwork after the fact does not erase the original violation.
Under O.C.G.A. § 43-40-25, the Georgia Real Estate Commission has authority to discipline licensees for violations of the license law regardless of whether the violation caused actual consumer harm. A subsequent correction of paperwork may be considered as a mitigating factor during the sanction phase, but it does not nullify or erase the original violation. The Commission's mandate is public protection, which means violations are actionable upon occurrence.
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Broker Patricia Adams was involved in a complex scheme where she created fictitious purchase contracts and inflated property values to help buyers obtain larger mortgages than warranted. Federal investigators have filed charges, and three lenders lost over $500,000. What is GREC's most likely immediate action?
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