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What is the primary purpose of GREC's authority to impose disciplinary sanctions on real estate licensees under Georgia law?

Correct Answer

D) To protect the public and maintain a fair real estate market, regardless of whether a specific transaction caused a monetary loss.

Under O.C.G.A. § 43-40-25, GREC's disciplinary authority exists to protect the public interest and ensure the integrity of the real estate market. Violations such as unlicensed activity, misrepresentation, or failure to supervise are sanctionable because they threaten public welfare — actual consumer financial loss is not a prerequisite for discipline.

Answer Options
A
To ensure that only transactions resulting in documented consumer financial losses are subject to enforcement action.
B
To allow licensees to correct paperwork deficiencies after an investigation begins and thereby avoid any penalty.
C
To limit broker liability to only those advertisements the broker personally signed or approved in writing.
D
To protect the public and maintain a fair real estate market, regardless of whether a specific transaction caused a monetary loss.

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