A broker is found to have committed three separate violations in a single investigation: inadequate supervision of salespersons, misleading advertising, and failure to maintain proper transaction records. Under O.C.G.A. § 43-40-25, what is the maximum total civil penalty the GREC could impose?
Correct Answer
A) $15,000
Under O.C.G.A. § 43-40-25, the GREC may impose a civil penalty of up to $5,000 per violation. With three separate violations, the maximum total civil penalty is $5,000 × 3 = $15,000.
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