EstatePass
Grec Rules DisciplinaryPenalties_gaHARD

A licensed agent with no prior disciplinary history forges a client's signature on a purchase agreement. Which of the following penalties is the GREC authorized to impose for this conduct?

Correct Answer

C) License revocation

Under O.C.G.A. § 43-40-25, the GREC has authority to revoke a license for conduct involving dishonesty, fraud, or forgery. Forgery constitutes a serious criminal act and a substantial violation of fiduciary duty, making revocation an appropriate and authorized penalty within the GREC's range of disciplinary actions, even for a first offense.

Answer Options
A
Mandatory completion of a continuing education course in ethics
B
License suspension for up to 12 months
C
License revocation
D
Civil penalty not exceeding $5,000

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Grec Rules Disciplinary Question

Sign up free to unlock full analysis

Background Knowledge for Grec Rules Disciplinary

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Grec Rules Disciplinary

Sign up free to unlock full analysis

Common Mistakes to Avoid on Grec Rules Disciplinary Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

forgeryrevocationcriminal_conductserious_violation
Was this explanation helpful?

More Grec Rules Disciplinary Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing